9206 90 St


Edmonton, Alberta T6C3M1

2+1 beds 2 baths 798 sqft

Description

Opportunity knocks - welcome to Bonnie Doon! Cozy 3 bedroom, 2 bathroom home, situated on a large 57 'x 121' lot. The lot has already been subdivided into a 30' lot and a 27' lot, with the ability to live or rent-out in the interim. Each lot is fully-serviced which will save time and money for those interested in the redevelopment of this property. There is great potential for two infill homes on this site, large executive duplex or higher density project with solid retail numbers in this highly sought out community. Close to schools, shopping, walking distance to LRT ski hill, Mill Creek Ravine, Downtown and more! Drive by and visualize the potential of this site that could remain rented for years to come, or begin your next infill project with the subdivision and new services already complete! (id:39198)

Facts & Features

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● Building Type

House

● Year built

1950

● Square Footage

798 sqft

● Stories

1

● Bedrooms

2+1

● Bathrooms

2

● Parking

--

● Neighbourhood

Bonnie Doon

● Land size

--

● Heating type

Forced air

● Basement type

Partially finished, Full

● Parking Type

--

● Time on REALTOR.ca

1 day

Home price

$519,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,905/month

The payment includes

Rent

$4,069

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$836

Each month, $836 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:

1 year2 years3 years
Year 3

Buyback Price

$600,807

Cumulative Down Payment

$35,081

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$30,081

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

$4,905/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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Speak to our team about your eligibility, monthly payments, and
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