Edmonton, Alberta T6M1M2
3 beds 3 baths 1,939 sqft
Welcome to the Discover Tucana by Coventry Homes in Edmonton’s brand new community of Timber Heights! The 'Tucana', a brand-new home with over 1938 sq ft of living space, presents a spacious and open-concept main floor with 9ft ceilings. The large great room and dining area flow into the kitchen featuring a walk-in pantry and a very large central island with a flush eating bar. A separate side entrance provides an excellent opportunity for future basement development or a legal suite. Upstairs, a versatile center bonus room creates privacy and flexible space. The primary retreat includes a walk-in closet and a 5-piece ensuite with a double vanity, soaker tub, and separate shower. Two additional front-facing bedrooms share a main 4pc bathroom. Enjoy the ultimate convenience of second-floor laundry. (id:39198)
Home price
$575,000
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
$5,528/month
The payment includes
Rent
$4,513
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,016
Each month, $1,016 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
$665,634
Cumulative Down Payment
$41,563
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,563
Buyback Price
$603,750
Cumulative Down Payment
$17,188
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,188
Buyback Price
$633,938
Cumulative Down Payment
$29,376
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,376
Buyback Price
$665,634
Cumulative Down Payment
$41,563
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,563
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.