Edmonton, Alberta T5R1J4
2+1 beds 2 baths 736 sqft
Excellent redevelopment opportunity! This 50' x 148' lot offers approximately 7,400 sq. ft. of land, providing plenty of potential for investors, builders, or those looking to develop. Enjoy easy access to nearby shopping, schools, and public transportation, along with quick access to Whitemud Drive for an easy commute throughout the city. A great opportunity to secure a generous lot in an established neighbourhood! (id:39198)
Home price
$358,900
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
$3,240/month
The payment includes
Rent
$2,802
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$438
Each month, $438 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
$415,472
Cumulative Down Payment
$20,774
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,774
Buyback Price
$376,845
Cumulative Down Payment
$10,258
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,258
Buyback Price
$395,687
Cumulative Down Payment
$15,516
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,516
Buyback Price
$415,472
Cumulative Down Payment
$20,774
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,774
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.