Grande Prairie, Alberta T8W0B3
2 beds• 3 baths• 1,311 sqft
Located just steps from O’Brien Lake and scenic walking trails, and close to schools, shopping, and the Eastlink Centre, this fully developed home offers the perfect blend of lifestyle and convenience. The 1311 sq. ft. main floor features an open-concept design with espresso kitchen cabinetry, tile backsplash, granite countertops, and a cozy gas fireplace. Fresh paint and brand new vinyl plank flooring throughout the main level create a modern, move-in ready feel. The spacious primary suite includes a full ensuite with a clawfoot soaker tub, separate shower, and walk-in closet, while the second main floor bedroom is a great size for family or guests. You’ll also appreciate the convenience of main floor laundry and a finished, heated garage with floor drain. The fully developed basement offers a large rec room with bar and bar fridge, two large bedrooms, a full bathroom, and additional storage or office space. Outside, the property is nicely landscaped front and back, fully fenced, and features RV gate access and parking, a large maintenance-free west-facing deck, lower concrete patio, stamped concrete driveway, and air conditioning for added comfort. (id:39198)
● Building Type
House
● Year built
2007
● Square Footage
1,311 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
3
● Parking
6
● Neighbourhood
O'Brien Lake
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$589,500
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
$5,690/month
The payment includes
Rent
$4,627
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,062
Each month, $1,062 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
$682,420
Cumulative Down Payment
$43,242
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,242
Buyback Price
$618,975
Cumulative Down Payment
$17,747
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,747
Buyback Price
$649,924
Cumulative Down Payment
$30,495
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,495
Buyback Price
$682,420
Cumulative Down Payment
$43,242
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,242
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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