8207 71 St
Edmonton, Alberta T6B1X2
2+2 beds• 2 baths• 957 sqft
Description
Live - Renovate - Redevelop. The possibilities are endless with this fully finished 2+2 bedroom bungalow situated on a 51x130' corner lot in Kenilworth - walking distance to elementary and junior high schools! The main floor has a well-planned layout with two bedrooms, a full bath, and a large eat-in kitchen with solid wood cabinetry. The large living room has a beautiful wood ceiling, brick wood-burning fireplace, original hardwood floors, and an extra nook that's perfect for an office or extra dining space. The finished basement has a separate entrance, shared laundry, generous rec room, 3 pce bath, and kitchenette - ideal for roommates or multi-generational living. Outside, enjoy a low-maintenance yard with storage shed, concrete patio & firepit, plus a HEATED, OVERSIZED 24x22' double garage. Kenilworth is a popular central neighbourhood close to schools, shopping, parks, and with quick access to major roadways. (id:39198)
Facts & Features
● Building Type
House
● Year built
1964
● Square Footage
957 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
2
● Parking
4
● Neighbourhood
Kenilworth
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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
$3,630/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
Recently Listed Homes in Edmonton, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.