Nw - 9831 163 St
Edmonton, Alberta T5P3N2
2 beds 1 bath 707 sqft
Description
Calling all builders, developers, and investors! 50x160 sized lot in a fantastic neighborhood. Selling House and Property AS IS/WHERE IS without warranties or representations. Foundation has seeped water for an undetermined amount of years. Wonderful location on 163 street, close to schools and major bus routes. Walking distance to all amenities. The home itself is a cute 2 bed/1 bath with newer shingles and a renovated bathroom. Mature trees at the front and a repaved back alley at the rear. (id:39198)
Facts & Features
● Building Type
House
● Year built
1953
● Square Footage
707 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
1
● Parking
--
● Neighbourhood
Glenwood (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$325,000
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
$2,917/month
The payment includes
Rent
$2,533
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$384
Each month, $384 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
$376,228
Cumulative Down Payment
$18,811
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,811
Buyback Price
$341,250
Cumulative Down Payment
$9,604
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,604
Buyback Price
$358,313
Cumulative Down Payment
$14,208
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,208
Buyback Price
$376,228
Cumulative Down Payment
$18,811
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,811
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
$2,917/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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