12807 134a Av
Edmonton, Alberta T5L3W5
3+2 beds 2 baths 1,051 sqft
Description
Fantastic opportunity for homeowners and investors alike! This well-maintained 5-bedroom home features 3 bedrooms upstairs and a fully legal 2-bedroom basement suite, offering excellent flexibility and income potential. Numerous upgrades include newer windows, an updated kitchen and two separate furnaces for added comfort and convenience. The lower suite features a spacious living room with attractive laminate flooring, built-in cabinetry, a functional kitchen with ample cupboard space, two comfortable bedrooms, a full bathroom. Fresh, neutral colours and tasteful flooring create a bright, welcoming atmosphere throughout the suite. Whether you're looking to offset your mortgage with rental income, accommodate extended family or add to your investment portfolio, this property offers plenty of possibilities. A great opportunity to own a home with a legal suite in an established Edmonton neighbourhood! (id:39198)
Facts & Features
● Building Type
House
● Year built
1962
● Square Footage
1,051 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
2
● Parking
3
● Neighbourhood
Wellington
● Land size
--
● Heating type
Forced air
● Basement type
Full, Other, See Remarks, Suite
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$467,000
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
$4,326/month
The payment includes
Rent
$3,658
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$668
Each month, $668 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
$540,611
Cumulative Down Payment
$29,061
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,061
Buyback Price
$490,350
Cumulative Down Payment
$13,020
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,020
Buyback Price
$514,868
Cumulative Down Payment
$21,041
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,041
Buyback Price
$540,611
Cumulative Down Payment
$29,061
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,061
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
$4,326/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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