7988 2 Ave Sw
Edmonton, Alberta T6X1K2
3 beds 2 baths 1,163 sqft
Description
Welcome to this fantastic half duplex in the desirable community of Ellerslie! Offering 1,160 sqft of thoughtfully designed living space, this home features 3 bedrooms, an open-concept floor plan and plenty of room for the whole family. The bright and inviting main living area flows seamlessly between the kitchen, dining and living spaces, creating the perfect setting for entertaining or everyday family life. Step outside to enjoy the large backyard, offering plenty of space for kids, pets, summer BBQs or simply relaxing outdoors. A single attached garage adds convenience and protection from the elements. Ideally located close to schools, shopping, parks and major amenities, with quick and easy access to Anthony Henday Drive for an easy commute around the city. Whether you're a first-time home buyer looking to get into the market, a growing family searching for a place to call home, or an investor looking for a solid rental opportunity, this property offers excellent value and versatility. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2004
● Square Footage
1,163 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Ellerslie
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$339,900
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
$3,059/month
The payment includes
Rent
$2,651
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$408
Each month, $408 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
$393,477
Cumulative Down Payment
$19,674
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,674
Buyback Price
$356,895
Cumulative Down Payment
$9,891
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,891
Buyback Price
$374,740
Cumulative Down Payment
$14,783
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,783
Buyback Price
$393,477
Cumulative Down Payment
$19,674
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,674
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
$3,059/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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