1109 Lakewood Rd
Edmonton, Alberta T6K3A9
3+2 beds 3 baths 1,235 sqft
Description
Room for the whole family, without a list of expensive projects waiting for you. This 5 bedroom, 3 bath bungalow sits on a quiet street in Tipaskan, and the big-ticket work is done: the furnace, hot water tank and windows have been replaced, and the main floor is freshly painted. The main level has three bedrooms, including a primary with its own ensuite, plus a main bath with a jetted tub for the end of a long day. Downstairs, the fully finished basement gives you a massive rec room for movie nights, a teenager's hangout or the home gym you keep promising yourself, along with two more bedrooms, a 3 piece bath and laundry. Out back, the big fenced yard has room for kids and pets, and the oversized double detached garage holds the vehicles and the toys. Schools, parks, shopping and golf are all close by. Move in, unpack and start living. (id:39198)
Facts & Features
● Building Type
House
● Year built
1977
● Square Footage
1,235 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Tipaskan
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$459,990
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
$4,248/month
The payment includes
Rent
$3,602
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$646
Each month, $646 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
$532,496
Cumulative Down Payment
$28,250
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,250
Buyback Price
$482,990
Cumulative Down Payment
$12,750
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,750
Buyback Price
$507,139
Cumulative Down Payment
$20,500
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,500
Buyback Price
$532,496
Cumulative Down Payment
$28,250
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,250
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
$4,248/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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