1412 Knottwood Rd E Nw
Edmonton, Alberta T6K2J9
4 beds• 4 baths• 1,976 sqft
Description
Steps from a school and large park, with a community rink, trails and fire pits! Fully renovated from top to bottom, this 4 bedroom, 4 bathroom home in Ekota offers the space and flexibility you have been waiting for! With 1976 sq ft above grade and 2552 sq ft of total developed living space, there is room to spread out and grow. The bright main floor features a brand new kitchen with oversized island, quartz countertops, modern finishes, and vinyl plank flooring. A sunken family room with authentic stone face fireplace adds a warm second living space. Upstairs offers generous bedrooms, laundry, and a spacious primary retreat with full ensuite and walk-in closet. The fully finished basement includes a second kitchen, full bath, second laundry, and flexible living space. Outside you’ll find RV parking, a double detached insulated garage with heater and 220V power, plus cherries, apples, and grapes in the backyard. Brand new furnace and HWT. Some photos have been digitally staged. (id:39198)
Facts & Features
● Building Type
House
● Year built
1976
● Square Footage
1,976 sqft
● Stories
--
● Bedrooms
4
● Bathrooms
4
● Parking
4
● Neighbourhood
Ekota
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$585,000
Initial Deposit
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
Your Monthly Payment
$5,639/month
The payment includes
Rent
$4,592
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,048
Each month, $1,048 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$677,211
Cumulative Down Payment
$42,721
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,721
Buyback Price
$614,250
Cumulative Down Payment
$17,574
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,574
Buyback Price
$644,963
Cumulative Down Payment
$30,147
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,147
Buyback Price
$677,211
Cumulative Down Payment
$42,721
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,721
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
$5,639/month
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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