2211 Millbourne Rd
Edmonton, Alberta T6K0Y3
3+2 beds 3 baths 1,204 sqft
Description
Minutes to shopping, schools, the LRT and every amenity, yet tucked away on a large, private lot in Tweedle Place. This 1,200 sq. ft. bi-level has five bedrooms (3 up, 2 down), 2.5 baths and cathedral ceilings that make the bright living and dining rooms feel even bigger. The kitchen has counter space to spare, laundry is on the main floor, and the primary bedroom has its own ensuite. The lower level is built for flexibility, with a family room, games area, second laundry, plenty of storage and rough-ins for an additional kitchen & laundry space, which suits extended family. The big-ticket items are done: windows, furnace, hot water tank, shingles and flooring. The home was also designed for an attached double garage. Cosmetic updating is the chance to add your own style and build equity. All this home needs is YOU! (id:39198)
Facts & Features
● Building Type
House
● Year built
1978
● Square Footage
1,204 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Tweddle Place
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$374,500
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
$3,388/month
The payment includes
Rent
$2,925
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$463
Each month, $463 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
$433,531
Cumulative Down Payment
$21,677
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,677
Buyback Price
$393,225
Cumulative Down Payment
$10,559
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,559
Buyback Price
$412,886
Cumulative Down Payment
$16,118
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,118
Buyback Price
$433,531
Cumulative Down Payment
$21,677
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,677
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
$3,388/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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Have Questions About Rent-to-Own? Let's Talk.
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