16152 110b Av
Edmonton, Alberta T5P4E6
3 beds 1 bath 960 sqft
Description
Step into this charming bungalow nestled in the peaceful community of Mayfield. Perfect for first time buyers and investors, this beautifully updated residence features three bedrooms, a modernised bathroom, and a bright, sun filled living room, ideal for relaxing or entertaining. Enjoy the ease of move in readiness with NEW appliances(2026), FRESH PAINT inside and out, NEW basement windows (2026), and a NEW hot water tank(2026). The home offers updated flooring and refinished hardwood throughout, blending comfort with style. Benefit from an 100AMP electrical panel(2026), upgraded water lines (2026) throughout the home, and a partially finished basement with a separate entrance, ideal for future development or extra storage. The double detached garage provides ample parking for two vehicles. Situated close to shopping, schools, and local amenities, this home offers convenience and tranquillity in one desirable package. Discover easy living in a friendly neighbourhood, nothing to do but move in and enjoy! (id:39198)
Facts & Features
● Building Type
House
● Year built
1958
● Square Footage
960 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
4
● Neighbourhood
Mayfield
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$340,000
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
$3,060/month
The payment includes
Rent
$2,652
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$408
Each month, $408 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
$393,593
Cumulative Down Payment
$19,680
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,680
Buyback Price
$357,000
Cumulative Down Payment
$9,893
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,893
Buyback Price
$374,850
Cumulative Down Payment
$14,786
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,786
Buyback Price
$393,593
Cumulative Down Payment
$19,680
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,680
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
$3,060/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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