1420 54 St
Edmonton, Alberta T6L2A5
3+1 beds 2 baths 1,123 sqft
Description
Owned by the original family since 1979, this Sakaw bi-level has solid bones & 1,122 sq ft above grade - ready for a renovator or first-time buyer. MAIN: bright living room w/ bay window, formal dining, oak kitchen w/ tile floor & eat-in nook, 3 bdrms incl primary w/ 2-pc ens, plus a 3-pc main bath. BSMT: full & partly finished, w/ a carpeted 4th bdrm, laundry & wide-open space ready for your development ideas. Central A/C, high-efficiency furnace & 2022 shingles (per seller). Outside: an oversized double detached garage w/ side door & an enclosed rear porch w/ a lift leading directly to a private entrance into the primary bdrm - a rare feature for buyers w/ mobility needs. Established Mill Woods location steps to schools, parks & transit - minutes to Mill Woods Town Centre, Grey Nuns Hospital, Whitemud Dr & the Henday. Bring your vision & build equity w/ every update! (id:39198)
Facts & Features
● Building Type
House
● Year built
1979
● Square Footage
1,123 sqft
● Stories
--
● Bedrooms
3+1
● Bathrooms
2
● Parking
4
● Neighbourhood
Sakaw
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$350,000
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
$3,155/month
The payment includes
Rent
$2,731
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 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
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
Buyback Price
$367,500
Cumulative Down Payment
$10,086
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,086
Buyback Price
$385,875
Cumulative Down Payment
$15,172
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,172
Buyback Price
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
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
$3,155/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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