Nw - 11152 97 St
Edmonton, Alberta T5G1W8
2+2 beds 2 baths 1,069 sqft
Description
*** THE CHARM IS ORIGINAL. THE FOUNDATION ISN'T. *** Dear Buyer, do you love century-old character but wish someone else had paid for the EXPENSIVE STUFF? Welcome to SPRUCE AVENUE! This Craftsman-style bungalow has kept its personality while undergoing SERIOUS upgrades in the last decade+: Replacement Foundation, Triple-Pane Windows, Plumbing, Electrical, Roof, Siding, TWO Furnaces & More! MAIN: Beautiful herringbone vinyl plank floors, 2 bedrooms + 4pc bath with clawfoot tub! DOWN: 8.5' ceilings, 2 MORE bedrooms, 3pc bath, SECOND KITCHEN & separate entrance (NOT a legal secondary suite per City of Edmonton). That's FOUR bdrms, TWO kitchens, DOUBLE Laundry & plenty of flexibility! OUTSIDE: Approx. 33' x 150' lot with future redevelopment possibilities (subject to City approvals) Minutes to NAIT / Downtown / GrantMacU. THE PRICE? $369,900. Remarkable value for the HOME you get today...And intriguing possibilities for the LAND you own tomorrow. That's what we call a SMART investment...Welcome Home! (id:39198)
Facts & Features
● Building Type
House
● Year built
1924
● Square Footage
1,069 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Spruce Avenue
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$369,900
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
$3,345/month
The payment includes
Rent
$2,889
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$456
Each month, $456 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
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
Buyback Price
$388,395
Cumulative Down Payment
$10,470
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,470
Buyback Price
$407,815
Cumulative Down Payment
$15,940
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,940
Buyback Price
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
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
$3,345/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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