Nw - 11003 151 St
Edmonton, Alberta T5P1W4
3+1 beds 2 baths 1,109 sqft
Description
Attention investors! Your winter project is here! Single-family home situated on a mature lot in Edmonton’s Northwest community of High Park. Large living room and kitchen, 3 bedrooms on main and one more in basement. Property was significantly damaged by previous tenants. Main floor bathroom needs substantial refurbishment, electrical requires rewiring; entire house and garage needs renovation. Not currently livable but it could be with your imagination. Conveniently located close to schools, parks, public transportation, shopping, and major commuter routes. This property is being sold strictly as-is, where-is, with no warranties or representations. A great opportunity for investors, builders, or buyers looking for a project in an established neighborhood. (id:39198)
Facts & Features
● Building Type
House
● Year built
1962
● Square Footage
1,109 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
4
● Neighbourhood
High Park (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$300,000
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
$2,740/month
The payment includes
Rent
$2,397
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$343
Each month, $343 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
$347,288
Cumulative Down Payment
$17,364
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,364
Buyback Price
$315,000
Cumulative Down Payment
$9,121
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,121
Buyback Price
$330,750
Cumulative Down Payment
$13,243
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,243
Buyback Price
$347,288
Cumulative Down Payment
$17,364
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,364
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
$2,740/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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