8721 99 Av
Fort Saskatchewan, Alberta T8L2Y4
3 beds• 3 baths• 1,063 sqft
Description
LEGAL BASEMENT SUITE! Fantastic opportunity at an accessible price point for investors, or buyers looking for a mortgage helper! Welcome to this centrally located bungalow situated on a generous lot in Fort Saskatchewan. The main floor offers 3 bedrooms and 1.5 bathrooms. The fully developed basement features a legal 1-bedroom, 1-bathroom suite. Big ticket items already updated including many of the windows and the roof. This home also has central air conditioning for added comfort. Outside, the spacious lot offers ample parking, with room to build a future garage if so desired. Conveniently located near schools and everyday amenities, this property offers excellent flexibility for homeowners and investors alike. Whether you're looking for a place to call home with rental income potential or a savvy addition to your investment portfolio, this property is well worth a look! (id:39198)
Facts & Features
● Building Type
House
● Year built
1976
● Square Footage
1,063 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Pineview Fort Sask.
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
4 days
Home price
$379,999
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
$3,441/month
The payment includes
Rent
$2,969
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$472
Each month, $472 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
$439,896
Cumulative Down Payment
$21,995
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,995
Buyback Price
$398,999
Cumulative Down Payment
$10,665
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,665
Buyback Price
$418,949
Cumulative Down Payment
$16,330
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,330
Buyback Price
$439,896
Cumulative Down Payment
$21,995
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,995
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
$3,441/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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