Grande Prairie, Alberta T8V6C9
3 beds• 2 baths• 970 sqft
Ideally situated in the family-friendly South Patterson Place neighbourhood, location truly takes center stage with this property. Set directly across from a park and playground, you’ll enjoy the luxury of watching your kids play from your own yard. Families will appreciate the close proximity to Alexander Forbes and St. Patrick’s schools, both just minutes away, along with nearby everyday conveniences, including a gas/convenience store, DQ, and Tim Hortons. This 971 sq ft ½ duplex is the perfect fixer-upper! Offering a very practical layout on the main floor with kitchen, dining, living, 3 bedrooms and a 4 pc bath. The full basement provides more living space with an additional bedroom, workshop, family room with a wood stove, 3 pc bath w/shower, laundry/utility, and storage room. Mature trees, a fenced backyard with a shed, and a rear easement complement this property. Home is being sold "AS IS, WHERE IS" on possession date. ALL OFFERS MUST BE UNCONDITIONAL. (id:39198)
● Building Type
Duplex
● Year built
1981
● Square Footage
970 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
South Patterson Place
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
51 days
Home price
$230,000
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
$2,153/month
The payment includes
Rent
$1,922
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$231
Each month, $231 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
$266,254
Cumulative Down Payment
$13,313
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,313
Buyback Price
$241,500
Cumulative Down Payment
$7,771
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,771
Buyback Price
$253,575
Cumulative Down Payment
$10,542
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,542
Buyback Price
$266,254
Cumulative Down Payment
$13,313
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,313
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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