Grande Prairie, Alberta T8V1G5
3 beds• 1 bath• 1,056 sqft
Quaint + Cozy + Updated + Affordable is this home to a tee. Whether you are looking to enter into home ownership with a garage , or adding another single family home to your rental portfolio this home is it. Main level has been updated with flooring, paint and kitchen and hosts open concept between the kitchen, dining and living room. Remainder of main floor is completed with three bedrooms , full bathroom, and mud room / pantry near back door / yard entrance. Basement is partially finished with some framing completed. awaiting you to finish it the way your heart desires. Back yard is fenced and south backing great for natural sun all day long, as well as has alley access. Detached single car garage is wonderful for our long winters for storage. This home is situated on a large multi family zoned lot great for future development and added value. (id:39198)
● Building Type
House
● Year built
1956
● Square Footage
1,056 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
4
● Neighbourhood
Hillside
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
29 days
Home price
$269,900
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
$2,447/month
The payment includes
Rent
$2,152
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$295
Each month, $295 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
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
Buyback Price
$283,395
Cumulative Down Payment
$8,541
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,541
Buyback Price
$297,565
Cumulative Down Payment
$12,081
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,081
Buyback Price
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
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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