9735 85 Av
Edmonton, Alberta T6E2J3
2+3 beds 2 baths 808 sqft
Description
Welcome to this charming raised bungalow in the heart of desirable Strathcona! Offering 5 bedrooms, with 2 bedrooms up and 2 down, this home is full of potential and features several important updates, including a newer kitchen, furnace, hot water tank, roof, doors and windows. Enjoy the convenience of a south-facing backyard, perfect for soaking up the sunshine, gardening or entertaining. An oversized single garage provides additional parking and storage. Ideally located close to the Millcreek Ravine, University of Alberta, Whyte Avenue, schools, parks, shopping and all the amenities that make Strathcona such a sought-after community. A fantastic opportunity for homeowners, investors or anyone looking to enjoy the charm and convenience of this established central Edmonton neighbourhood! (id:39198)
Facts & Features
● Building Type
House
● Year built
1947
● Square Footage
808 sqft
● Stories
1
● Bedrooms
2+3
● Bathrooms
2
● Parking
2
● Neighbourhood
Strathcona
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$391,900
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
$3,554/month
The payment includes
Rent
$3,063
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$491
Each month, $491 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
$453,673
Cumulative Down Payment
$22,684
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,684
Buyback Price
$411,495
Cumulative Down Payment
$10,895
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,895
Buyback Price
$432,070
Cumulative Down Payment
$16,789
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,789
Buyback Price
$453,673
Cumulative Down Payment
$22,684
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,684
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
$3,554/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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