Edmonton, Alberta T5H1Y7
2+1 beds 3 baths 1,133 sqft
Fantastic investment opportunity in a prime central location! Situated on a quiet, tree-lined street just minutes from the downtown core, this solid home offers incredible potential with 3 bedrooms, 3 bathrooms, and 3 kitchens. Ideally located within walking distance to the LRT and Commonwealth Stadium, making commuting and enjoying local amenities a breeze. The home features a single attached garage conveniently located at the rear. Whether you're looking to expand your investment portfolio or explore the income potential, this property offers a great opportunity in a desirable, convenient location! Home has been divided into 3 stand-alone suites, however the second floor and basement suites are non-legally permitted in accordance with the City of Edmonton zoning and development regulations. (id:39198)
Home price
$260,000
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
$2,351/month
The payment includes
Rent
$2,072
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$279
Each month, $279 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
$300,983
Cumulative Down Payment
$15,049
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,049
Buyback Price
$273,000
Cumulative Down Payment
$8,350
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,350
Buyback Price
$286,650
Cumulative Down Payment
$11,699
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,699
Buyback Price
$300,983
Cumulative Down Payment
$15,049
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,049
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.