2024 47 St
Edmonton, Alberta T6L2V4
3+2 beds 3 baths 1,144 sqft
Description
Welcome to Pollard Meadows! This detached 1979 bungalow offers over 1100 sq ft of above grade living space plus a fully finished basement, with a total of 5 bedrooms, a den and 2.5 baths, including a primary ensuite. Perfect for a growing family or investor seeking space and flexibility. The main level features a bright living room with room to gather, a dedicated dining area with sliding doors that walk out onto your new, composit deck and a kitchen with stainless steel appliance, while the finished lower level adds a large family room, two more bedrooms and a den. Outside enjoy your beautifully finished deck or step down for a relaxing evening on the covered patio. A heated, oversized double detached garage completes the backyard. Heading back inside you can come through the separate entrance leading downstairs, ready for future developments. A great opportunity to add your own personal touches and upgrade to make it your own, or add to your investment portfolio. (id:39198)
Facts & Features
● Building Type
House
● Year built
1979
● Square Footage
1,144 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
3
● Parking
--
● Neighbourhood
Pollard Meadows
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$419,900
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
$3,821/month
The payment includes
Rent
$3,285
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$536
Each month, $536 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
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
Buyback Price
$440,895
Cumulative Down Payment
$11,435
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,435
Buyback Price
$462,940
Cumulative Down Payment
$17,870
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,870
Buyback Price
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
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
$3,821/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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