Edmonton, Alberta T5M0W1
2 beds 1 bath 772 sqft
LOT VALUE ONLY! PRIME INFILL OPPORTUNITY IN WESTMOUNT! This 50-foot-wide lot with nearly 140 feet of depth offers approximately 7,000 sq. ft. of land in one of Edmonton's most sought-after mature communities. Zoned RS (Small Scale Residential), explore the potential for side-by-side homes, skinny homes, or a multiplex, subject to City of Edmonton approvals. Westmount is known for its beautiful tree-lined streets, charming character homes, and impressive modern infills. Enjoy an unbeatable central location just minutes from Downtown, the trendy restaurants, cafés, and boutiques of 124 Street, the Brewery District, and the River Valley. With its strong community appeal and proximity to some of Edmonton's best amenities, Westmount continues to attract buyers seeking an exceptional urban lifestyle. A fantastic opportunity to build in a vibrant, established neighbourhood where lifestyle, convenience, and redevelopment potential come together. Property is being sold as-is, where-is. (id:39198)
Home price
$399,000
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
$3,622/month
The payment includes
Rent
$3,119
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$503
Each month, $503 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$461,892
Cumulative Down Payment
$23,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,095
Buyback Price
$418,950
Cumulative Down Payment
$11,032
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,032
Buyback Price
$439,898
Cumulative Down Payment
$17,063
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,063
Buyback Price
$461,892
Cumulative Down Payment
$23,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,095
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.