11946 70 St
Edmonton, Alberta T5B1T9
2+2 beds 2 baths 904 sqft
Description
Charming raised bungalow with separate entrance to basement. Beautiful treed lined street close to the river valley and downtown. 2 bedrooms upstairs with 2 additional bedrooms in finished basement. Comfortable living room; great kitchen with patio doors to a private deck; and a 4 piece bath upstairs [pictures are virtually staged]. Downstairs has big, bright windows and a laundry area conveniently located at the bottom of the stairs. The basement features a second kitchen with gas stove, a cozy bedroom, a sitting room and a full bathroom. All this is on a 41' x 126' fully fenced lot. Plus there is a detached double car garage. So, if you are looking for an affordable home, look no further. (id:39198)
Facts & Features
● Building Type
House
● Year built
1957
● Square Footage
904 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
2
● Parking
5
● Neighbourhood
Montrose (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$279,900
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
$2,545/month
The payment includes
Rent
$2,234
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$311
Each month, $311 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
$324,019
Cumulative Down Payment
$16,201
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,201
Buyback Price
$293,895
Cumulative Down Payment
$8,734
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,734
Buyback Price
$308,590
Cumulative Down Payment
$12,467
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,467
Buyback Price
$324,019
Cumulative Down Payment
$16,201
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,201
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
$2,545/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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