Grande Prairie, Alberta T8V5T6
2 beds• 1 bath• 833 sqft
Tucked away in a quiet cul-de-sac in desirable South Patterson, this well-kept half duplex offers a great blend of comfort, functionality, and opportunity. The main floor features two bedrooms, a full bathroom, and a generous kitchen that flows nicely into the dining and living areas, creating a bright and welcoming space. Just off the dining area, you’ll find a balcony that’s perfect for enjoying your morning coffee or unwinding at the end of the day. Downstairs, the home continues to impress with a spacious third bedroom, a large family room that could easily be converted into a fourth bedroom, and an additional area ready for your finishing touches to expand the living space even further. There is also excellent potential to add a second bathroom on the lower level, giving you even more flexibility and value. Outside, the fully fenced yard provides privacy and room to enjoy, along with a storage shed for all your extras. With a recently updated roof already taken care of, this property offers peace of mind and great value. Whether you’re looking for a solid investment or a place to call your first home, this South Patterson property is one you won’t want to miss. (id:39198)
● Building Type
Duplex
● Year built
1979
● Square Footage
833 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
1
● Parking
4
● Neighbourhood
South Patterson Place
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$235,000
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
$2,204/month
The payment includes
Rent
$1,965
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$239
Each month, $239 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
$272,042
Cumulative Down Payment
$13,602
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,602
Buyback Price
$246,750
Cumulative Down Payment
$7,867
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,867
Buyback Price
$259,088
Cumulative Down Payment
$10,735
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,735
Buyback Price
$272,042
Cumulative Down Payment
$13,602
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,602
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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