11448 97 Street
Grande Prairie, Alberta T8V3N2
3 beds 1 bath 960 sqft
Description
Welcome to this great bi-level in Mountview, an excellent option for a first-time buyer or investor! Situated on a spacious corner lot, this home offers a large backyard with plenty of room for kids, pets, gardening, or outdoor entertaining. Enjoy convenient access to a nearby park and the ability to walk to multiple schools. The main floor features three bedrooms, a bright and open kitchen and dining area, and a generously sized living room with plenty of space to relax and gather. The undeveloped basement is ready for your future plans and offers excellent potential to add more bedrooms, a family room, or additional living space. With two separate entrances, the layout may also lend itself well to a future basement suite, subject to municipal approval. Outside, you will find a large yard, ample storage, and a handy storage shed. Whether you are looking for an affordable place to call home or a property with revenue potential, this one is worth a look. Take a peek and book your showing today! (id:39198)
Facts & Features
● Building Type
House
● Year built
1972
● Square Footage
960 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
1
● Parking
2
● Neighbourhood
Mountview
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
97 days
Home price
$264,900
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
$2,399/month
The payment includes
Rent
$2,112
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$287
Each month, $287 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
$306,655
Cumulative Down Payment
$15,333
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,333
Buyback Price
$278,145
Cumulative Down Payment
$8,444
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,444
Buyback Price
$292,052
Cumulative Down Payment
$11,888
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,888
Buyback Price
$306,655
Cumulative Down Payment
$15,333
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,333
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
$2,399/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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