Sw - 8243 5 Av
Edmonton, Alberta T6X1K5
3 beds 3 baths 1,871 sqft
Description
INCREDIBLE VALUE ON A WALKOUT! Discover this spacious home nestled in a quiet cul-de-sac in family-friendly South Edmonton! Offering nearly 1,900 sq. ft., this beautiful home features 3 bedrooms, 2.5 bathrooms, a spacious bonus room, and an open-concept kitchen with corner pantry. The main floor welcomes you with soaring foyer ceilings and elegant hardwood flooring. Enjoy the private deck overlooking a generous pie-shaped lot! The bright, unfinished WALKOUT BASEMENT offers endless possibilities to create your dream living space. Additional highlights include a double attached garage, CENTRAL A/C, central vacuum, and ample storage. Perfectly situated just steps from a playground and splash park, with easy access to South Edmonton Common, shopping, schools, and Anthony Henday Drive. RARE OPPORTUNITY to own a WALKOUT home on a LARGE LOT! (id:39198)
Facts & Features
● Building Type
House
● Year built
2005
● Square Footage
1,871 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Ellerslie
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$557,000
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
$5,328/month
The payment includes
Rent
$4,370
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$958
Each month, $958 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
$644,797
Cumulative Down Payment
$39,480
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$34,480
Buyback Price
$584,850
Cumulative Down Payment
$16,493
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,493
Buyback Price
$614,093
Cumulative Down Payment
$27,986
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,986
Buyback Price
$644,797
Cumulative Down Payment
$39,480
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$34,480
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
$5,328/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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