Edmonton, Alberta T5W4J4
2+1 beds 2 baths 846 sqft
ATTENTION INVESTORS, FIRST-TIME BUYERS & DEVELOPERS! Priced to sell, this is an opportunity you won't want to miss! Sitting on an impressive 50-foot-wide lot with over 6,100 sq. ft., this Montrose property is bursting with potential. This fixer-upper is the perfect opportunity to bring your vision to life, renovate and build equity, or explore future redevelopment possibilities. The home offers 2 bedrooms upstairs, 1 additional bedroom downstairs, and a full bathroom on the main floor. Whether you're looking for your next investment, a renovation project, or a prime development opportunity, this property is packed with possibilities. Big lot, great potential, and priced to move! Don't let this one slip away! (id:39198)
Home price
$239,980
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
$2,254/month
The payment includes
Rent
$2,007
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$247
Each month, $247 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
$277,807
Cumulative Down Payment
$13,890
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,890
Buyback Price
$251,979
Cumulative Down Payment
$7,963
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,963
Buyback Price
$264,578
Cumulative Down Payment
$10,927
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,927
Buyback Price
$277,807
Cumulative Down Payment
$13,890
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,890
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.