5312 156 Av
Edmonton, Alberta T5Y2T3
3 beds 3 baths 2,034 sqft
Description
Welcome home to this beautifully laid-out 3-bedroom, 2.5-bath home in the family-friendly community of Hollick-Kenyon. The bright, open-concept living room is made for cozy evenings by the gas fireplace, and it flows into the kitchen and dining area, so hosting family dinners and entertaining friends feels easy. A dedicated home office and a versatile bonus room give everyone space to work, play and unwind. A second laundry hookup on the main floor adds everyday convenience and gives you flexibility for a possible future basement suite (subject to City of Edmonton approval and permits). Step outside to a large deck overlooking a lovely backyard framed by mature trees, perfect for summer barbecues and quiet mornings with your coffee. The double attached garage keeps you warm and dry through Edmonton winters, but the home is also only 1 block from bus routes with easy transit access to downtown. You’re close to schools, shopping and everyday amenities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1998
● Square Footage
2,034 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Hollick-Kenyon
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$500,000
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
$4,693/month
The payment includes
Rent
$3,919
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 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
$578,813
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
Buyback Price
$525,000
Cumulative Down Payment
$14,294
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,294
Buyback Price
$551,250
Cumulative Down Payment
$23,588
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,588
Buyback Price
$578,813
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
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
$4,693/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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