Edmonton, Alberta T6W1X7
3+2 beds 4 baths 2,205 sqft
Elegance Meets Practicality: Nestled in a quiet cul-de-sac, this stunning 2200 sq ft 2-story, 5-bedroom home boasts unique features throughout. The grand entrance with an 18-foot atrium space sets the tone. Superior cherry hardwood floors lead to an open main floor with a den on main floor, featuring a kitchen equipped with maple cabinets, stainless steel appliances, and a raised eating bar on the island. The gas fireplace and large windows create a warm and cozy family room. Upstairs, you’ll find 3 bedrooms, including a 4-piece ensuite master bedroom, as well as a spacious bonus room above the oversized garage, how spacious! The fully-finished basement offers 2 additional bedrooms and 1 bathroom, how functional! Practicality is also featured in its low-maintenance landscaped yard & back deck, how relaxing! Out & About: Located in the MacEwan Area, this home enjoys excellent livability with convenient commute options, a favorable cost of living, and proximity to parks and major hospitals/pharmacies. (id:39198)
Home price
$588,888
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
$5,683/month
The payment includes
Rent
$4,622
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,060
Each month, $1,060 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
$681,711
Cumulative Down Payment
$43,171
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,171
Buyback Price
$618,332
Cumulative Down Payment
$17,724
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,724
Buyback Price
$649,249
Cumulative Down Payment
$30,447
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,447
Buyback Price
$681,711
Cumulative Down Payment
$43,171
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,171
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.