Grande Prairie, Alberta T8W2M3
5 beds• 2 baths• 1,001 sqft
Located in the desirable Countryside South neighbourhood in Grande Prairie, this well-maintained 1,001 sq ft home offers a fantastic opportunity for homeowners and investors alike.The main level is bright and inviting, featuring an abundance of natural light throughout the living space. With three bedrooms and one full bathroom upstairs. Downstairs, you’ll find an illegal basement suite with a separate entrance, offering excellent potential for additional income or multi-generational living. The lower level includes two bedrooms, a full bathroom, and its own private space for added convenience. The property also features a paved driveway and is ideally located close to everyday amenities. With a total of five bedrooms and two bathrooms, this home delivers versatility, value, and strong investment potential in a great neighbourhood. (id:39198)
● Building Type
House
● Year built
1998
● Square Footage
1,001 sqft
● Stories
--
● Bedrooms
5
● Bathrooms
2
● Parking
3
● Neighbourhood
Countryside South
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Separate entrance, Walk-up, Suite
● Parking Type
--
● Time on REALTOR.ca
5 days
Home price
$359,900
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
$3,249/month
The payment includes
Rent
$2,810
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 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
$416,629
Cumulative Down Payment
$20,831
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,831
Buyback Price
$377,895
Cumulative Down Payment
$10,277
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,277
Buyback Price
$396,790
Cumulative Down Payment
$15,554
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,554
Buyback Price
$416,629
Cumulative Down Payment
$20,831
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,831
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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