7947 79 Av
Edmonton, Alberta T6C0P7
3+2 beds 4 baths 1,523 sqft
Description
Beautifully finished home in King Edward Park offering over 1,547 sq ft above grade, plus a bright lower level with SECOND KITCHEN and SEPARATE SIDE ENTRANCE. The main floor features 9’ ceilings, rich Brazilian cherry Jatoba hardwood and a stylish kitchen with quartz countertops, abundant cabinetry and stainless steel appliances, flowing into the dining area with gas fireplace. Upstairs are 3 bedrooms, including the primary with ensuite, plus a full bath and convenient laundry. The lower level offers 2 additional bedrooms, a spacious living area, and kitchen. Upgraded craftsmanship includes spray-foam insulation on exterior walls, triple-pane windows and enhanced soundproofing along the common wall with Roxul insulation, double 5/8” drywall and resilient channel. Outside, enjoy a low-maintenance backyard with patio and double garage. Close to great schools, parks and Mill Creek Ravine. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2015
● Square Footage
1,523 sqft
● Stories
2
● Bedrooms
3+2
● Bathrooms
4
● Parking
--
● Neighbourhood
King Edward Park
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$499,000
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
$4,682/month
The payment includes
Rent
$3,911
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$771
Each month, $771 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
$577,655
Cumulative Down Payment
$32,765
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,765
Buyback Price
$523,950
Cumulative Down Payment
$14,255
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,255
Buyback Price
$550,148
Cumulative Down Payment
$23,510
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,510
Buyback Price
$577,655
Cumulative Down Payment
$32,765
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,765
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
$4,682/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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