16220 47 St
Edmonton, Alberta T5Y3M4
3 beds 2 baths 1,380 sqft
Description
Opportunity knocks in Brintnell! This 2005-built raised bi-level offers 1,235 sq ft above grade on a generous 4,110 sq ft lot with a fenced yard and a deck for summer evenings. The smart layout places two bedrooms on the main level, then a few steps up to the private primary suite above the garage, complete with walk-in closet and 4-piece ensuite. A gas fireplace anchors the living space, and the double attached garage makes winter mornings easy. The partially finished basement gives a head start on extra space for a rec room, office or gym. The layout works well, but the flooring, paint and interior doors are ready for your updates, a chance to add your own style and build equity from day one. Nearby schools, parks and transit add everyday convenience. A great fit for first-time buyers, renovators and investors. (id:39198)
Facts & Features
● Building Type
House
● Year built
2005
● Square Footage
1,380 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Brintnell
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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
$3,630/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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