Nw - 11724 95a St
Edmonton, Alberta T5G1R1
3 beds 1 bath 1,472 sqft
Description
INVESTOR ALERT! INFILL OPPORTUNITY OR HOLDING PROPERTY IN ALBERTA AVENUE! This charming over 1,440 sq. ft. two-storey home offers plenty of character and potential. The spacious main floor features high ceilings, an eat-in kitchen, and convenient laundry off the rear hallway. The upper level boasts three oversized bedrooms, and larger-than-average closets for a home of this era. Whether you're looking for a great rental property, a renovation project, or a potential infill development opportunity, this property offers plenty of possibilities. Conveniently located just off Alberta Avenue, with easy access to public transit, shops, restaurants, and Alberta Avenue Park—home to community events. Enjoy a quick drive to Downtown Edmonton, Yellowhead Trail, and the River Valley. A character-filled property with endless potential! (id:39198)
Facts & Features
● Building Type
House
● Year built
1912
● Square Footage
1,472 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
1
● Parking
--
● Neighbourhood
Alberta Avenue
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$220,000
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
$2,051/month
The payment includes
Rent
$1,836
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$215
Each month, $215 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
$254,678
Cumulative Down Payment
$12,734
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,734
Buyback Price
$231,000
Cumulative Down Payment
$7,578
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,578
Buyback Price
$242,550
Cumulative Down Payment
$10,156
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,156
Buyback Price
$254,678
Cumulative Down Payment
$12,734
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$7,734
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
$2,051/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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