Fort McMurray, Alberta T9K0X8
5 beds• 4 baths• 1,663 sqft
Tucked away on a quiet cul-de-sac, 113 Olson Place is a beautiful 2-storey home offering exceptional space, thoughtful design, and the added flexibility of a fully finished 2-bedroom suite. From the moment you step inside, the 10-ft ceilings and open-concept main floor create an immediate sense of scale and sophistication. The kitchen is the true centrepiece, featuring granite countertops, an oversized island with a third sink, corner pantry, wine glass and bottle racks, and space for a wine fridge. Hardwood flooring flows through the main living areas. The living room is filled with natural light and centred around an electric fireplace, creating a warm and comfortable space to relax or entertain. A thoughtfully designed built-in shelf keeps wiring neatly concealed for a clean, seamless look, while built-in speakers add the perfect finishing touch for enjoying your favourite music or movie nights. The main floor is completed by a stylish 2-piece bath and a well-designed mudroom with tiled flooring, laundry, built-in storage and a convenient coat closet. Upstairs, the primary suite is your private retreat. Vaulted ceilings, hardwood flooring and a spacious walk-in closet lead to a spa-inspired ensuite with separate water closet. Two additional bedrooms and a beautifully finished 4-piece bathroom complete the upper level.Downstairs, the 2-bedroom suite offers exceptional privacy with its own exterior entrance and has been finished with the same attention to detail as the main home. Featuring a bright living space, full kitchen, 4-piece bathroom, two bedrooms and its own laundry, it's ideal for rental income, extended family or guests.Outside, the property continues to impress with a heated double detached garage with space for three additional vehicles or ample room for RV parking. A well-designed home with quality finishes, a legal suite and plenty of parking, all in a quiet cul-de-sac setting. Get in touch today to schedule your private viewing. (id:39198)
Home price
$589,500
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
$5,690/month
The payment includes
Rent
$4,627
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,062
Each month, $1,062 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
$682,420
Cumulative Down Payment
$43,242
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,242
Buyback Price
$618,975
Cumulative Down Payment
$17,747
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,747
Buyback Price
$649,924
Cumulative Down Payment
$30,495
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,495
Buyback Price
$682,420
Cumulative Down Payment
$43,242
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,242
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
Recently Listed Homes in Fort McMurray, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.