Edmonton, Alberta T5R1R2
2+1 beds 1 bath 759 sqft
THREE WAYS TO WIN IN SHERWOOD! First-time buyers: plant roots in a mature west Edmonton neighbourhood and build equity with your own updates. Investors: secure a large lot on a street where new infill is already rising next door. Builders: break ground on an approx. 50 x 148 ft parcel with a rear lane and a long side driveway. Step inside to a sunny living room with hardwood floors and coved ceilings, an eat-in kitchen, two bedrooms and a full bath, then head downstairs to a family room, flex room and laundry. Out back, a screened porch overlooks a big patio, lawn and an apple tree, with a detached double garage off the lane. Stroll to the community rink, tennis courts and the planned Glenwood/Sherwood LRT stop. Zip to Meadowlark shopping, MacKinnon Ravine trails, Misericordia Hospital, West Edmonton Mall and downtown in minutes. Buyers to verify zoning and redevelopment requirements with the City of Edmonton. Opportunities like this rarely last in Sherwood. Make your move today! (id:39198)
Home price
$324,888
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
$2,916/month
The payment includes
Rent
$2,532
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$383
Each month, $383 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$376,098
Cumulative Down Payment
$18,805
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,805
Buyback Price
$341,132
Cumulative Down Payment
$9,602
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,602
Buyback Price
$358,189
Cumulative Down Payment
$14,203
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,203
Buyback Price
$376,098
Cumulative Down Payment
$18,805
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,805
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.