6608 89 Av
Edmonton, Alberta T6B2G7
3+1 beds 2 baths 1,115 sqft
Description
Great opportunity in a mature Edmonton neighbourhood! This 1,114 sq. ft. bungalow, built in 1964, offers 4 bedrooms and 2 full bathrooms. The main floor features 3 bedrooms, a 3-piece bathroom, kitchen, dining area and living room. Downstairs, you'll find a spacious recreation room with wet bar, an additional bedroom, 3-piece bathroom and laundry. The home offers an opportunity to update the finishes and make it your own, while several major components have already been addressed, including a furnace replaced in 2016, triple-pane vinyl windows throughout the main floor (2024), house shingles (2005) and garage shingles (2023). Outside, enjoy a beautifully landscaped, private, reverse pie-shaped lot with a gated parking pad and an impressive 22' x 26' heated double detached garage, and private courtyard patio at the front. A property with plenty of space, potential and room to make it yours! (id:39198)
Facts & Features
● Building Type
House
● Year built
1964
● Square Footage
1,115 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
4
● Neighbourhood
Kenilworth
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$419,900
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
$3,821/month
The payment includes
Rent
$3,285
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$536
Each month, $536 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
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
Buyback Price
$440,895
Cumulative Down Payment
$11,435
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,435
Buyback Price
$462,940
Cumulative Down Payment
$17,870
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,870
Buyback Price
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
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
$3,821/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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