2928 16 Street
Edmonton, Alberta T6T0V6
3+1 beds 4 baths 2,105 sqft
Description
PARKWOOD BUILT Home - Offering over 3,000 sq. ft. of total living space, this beautifully updated Tamarack home features a FULLY FINISHED BASEMENT and an unbeatable location within walking distance to the recreation centre, major schools, shopping and parks. Featuring 4 spacious bedrooms, a main-floor office and 4 bathrooms, this home is designed for comfortable family living. The impressive open-to-above concept creates a bright, welcoming atmosphere, while the huge kitchen boasts granite countertops, ample cabinetry and a convenient walk-through pantry. The fully finished basement offers a large family area, an additional room and a kitchenette featuring a Fisher & Paykel fridge, ideal for extended family or entertaining. Enjoy outdoor living on the oversized composite deck. Freshly painted throughout with new blinds and modern light fixtures, this move-in-ready home offers the space, upgrades and location today’s buyers are looking for! Also featuring gas range and gas fire place. (id:39198)
Facts & Features
● Building Type
House
● Year built
2014
● Square Footage
2,105 sqft
● Stories
2
● Bedrooms
3+1
● Bathrooms
4
● Parking
4
● Neighbourhood
Tamarack
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$584,900
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
$5,638/month
The payment includes
Rent
$4,591
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,047
Each month, $1,047 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
$677,095
Cumulative Down Payment
$42,709
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,709
Buyback Price
$614,145
Cumulative Down Payment
$17,570
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,570
Buyback Price
$644,852
Cumulative Down Payment
$30,140
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,140
Buyback Price
$677,095
Cumulative Down Payment
$42,709
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,709
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
$5,638/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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