Edmonton, Alberta T5W0C1
3+1 beds 2 baths 1,198 sqft
Offering a TON of potential, this original owner bungalow features 3 bedrooms and a 4 pc bathroom on the main floor, plus an additional bedroom, 4 pc bathroom, and a large retro-chic rec room with wet bar downstairs. Enjoy the warmth and character of hardwood flooring on the main floor. The basement has a wood-burning fireplace with brick surround, mantel and glass doors. 100 amp service, new hot water tank (2026), furnace was replaced in 2009. Outside, you'll find a fenced yard, storage shed, gated backyard access and a parking pad with room for an RV or trailer. The heated double detached garage features power and a workbench, making it ideal for projects, and extra storage. Conveniently located close to schools, public transit, Rundle Park, and nearby shopping. A great opportunity to make this property your own! Quick possession available. (id:39198)
Home price
$329,000
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
$2,955/month
The payment includes
Rent
$2,565
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$390
Each month, $390 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
$380,859
Cumulative Down Payment
$19,043
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,043
Buyback Price
$345,450
Cumulative Down Payment
$9,681
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,681
Buyback Price
$362,723
Cumulative Down Payment
$14,362
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,362
Buyback Price
$380,859
Cumulative Down Payment
$19,043
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,043
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.