8020 173 St
Edmonton, Alberta T5T0E8
3 beds 3 baths 1,248 sqft
Description
Welcome to this conveniently located home in Thorncliffe close to schools, parks, transportation, West Edmonton Mall, Whitemud Freeway & quick access to the Henday. This 1248 sqft 3 bedroom bungalow is situated on a 58' x 100' lot with a private, west facing fenced yard. When you enter this family home there is the living room with a corner woodburning stone faced fireplace to your right & a dedicated dining room on your left that seamlessly flows to the kitchen that has white cabinets with oak trim & white appliances including the stove, hood fan, fridge & dishwasher. There are 2 bedrooms across from the 4 piece bathroom (with an updated tub tile surround & vanity countertop) & the primary suite has a 2 piece ensuite with patio doors leading to the yard. The lower level is unfinished for you to design your personal tastes. Windows redone in 2017 on the main floor except one living room window, roof 12 years (25 year shingles), furnace 2005, fence 2021, eaves & soffits 2018. Single detached garage. (id:39198)
Facts & Features
● Building Type
House
● Year built
1971
● Square Footage
1,248 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Thorncliffe (Edmonton)
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$339,800
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
$3,058/month
The payment includes
Rent
$2,651
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$407
Each month, $407 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
$393,361
Cumulative Down Payment
$19,668
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,668
Buyback Price
$356,790
Cumulative Down Payment
$9,889
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,889
Buyback Price
$374,630
Cumulative Down Payment
$14,779
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,779
Buyback Price
$393,361
Cumulative Down Payment
$19,668
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,668
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
$3,058/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
Recently Listed Homes in Edmonton, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.