9023 62 Avenue
Grande Prairie, Alberta T8W2M4
3 beds• 2 baths• 1,060 sqft
Description
Located in the desirable Countryside South neighborhood, this 1,060 sq ft home offers a fantastic opportunity for both investors and first-time home buyers. The main level features three comfortable bedrooms, a full bathroom, and a bright living space highlighted by large windows that fill the home with natural light. The basement adds even more versatility, with a spacious living area perfect for a TV or recreation room, an additional bathroom, and an illegal guest suite with its own washroom, private bedroom, and seperate entrance at the rear of the home. This setup offers excellent potential for added income or multi-generational living. With its functional layout, private access, and strong investment potential, this property is a smart choice in a great location close to amenities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1998
● Square Footage
1,060 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Countryside South
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Walk out, Suite
● Parking Type
--
● Time on REALTOR.ca
5 days
Brokerage Name: RE/MAX Grande Prairie
Home price
$369,900
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
$3,345/month
The payment includes
Rent
$2,889
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$456
Each month, $456 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
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
Buyback Price
$388,395
Cumulative Down Payment
$10,470
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,470
Buyback Price
$407,815
Cumulative Down Payment
$15,940
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,940
Buyback Price
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
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
$3,345/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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