Edmonton, Alberta T5R0A5
3 beds 2 baths 1,054 sqft
Been waiting for a way into Parkview that doesn’t cost a fortune? Homes in this neighbourhood rarely come up at this price, and when they do, they don’t sit. Here’s your shot. This 1,050 sq ft bungalow offers 4 bedrooms (3 up, 1 down) and 1.5 baths in one of Edmonton’s most desirable communities. The main floor is easy to live in with three bedrooms on one level, perfect for young families. Downstairs adds a fourth bedroom plus space for a rec room, office or home gym. Then there’s the backyard. Private, green and made for summer nights, kids, dogs and gardens, it’s the kind of yard you can’t find in newer areas. A single detached garage keeps your vehicle out of the snow. You’re minutes from Laurier Park, the river valley trails, the Valley Zoo and great schools, with quick access to Whitemud Drive and downtown. Parkview holds its value for a reason. This is the entry point buyers have been waiting for, so don’t let it be the one that got away. (id:39198)
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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.