493 Kirkness Rd
Edmonton, Alberta T5Y2J1
3+2 beds 2 baths 984 sqft
Description
Attention investors or first time home buyers! A bungalow with a main floor update gives this Kirkness home a bright and expansive atmosphere, bringing natural light straight through the living space and into a newer kitchen equipped with loads of counter space and stainless appliances. Upgrades extend through both full bathrooms and across both levels, where five bedrooms (three up, two down) deliver a layout that handles a growing family without overcrowding. Updated windows keep the interior quiet and this home has been water tight through all the rain! Outside, the fully fenced south facing backyard offers private green space with ample room set aside to build a future garage. Other recent upgrades include shingles (2023), flooring (2022) and a high efficiency furnace. This location connects in minutes to the Manning Freeway for an easy commute, while local elementary schools, neighbourhood parks, a nearby off-leash dog park, and Manning Town Centre shopping options sit practically at the front door. (id:39198)
Facts & Features
● Building Type
House
● Year built
1982
● Square Footage
984 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Kirkness
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$350,000
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
$3,155/month
The payment includes
Rent
$2,731
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 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
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
Buyback Price
$367,500
Cumulative Down Payment
$10,086
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,086
Buyback Price
$385,875
Cumulative Down Payment
$15,172
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,172
Buyback Price
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
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
$3,155/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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