Grande Prairie, Alberta T8V3X1
3 beds• 2 baths• 1,025 sqft
Great opportunity for anyone searching for a multi-generational home or mortgage helper. This bungalow features plenty of natural light and many updates. The main floor has 3 bedrooms and 1 full bathroom. The basement has a separate entrance at the back, 1 bedroom, 1 full bathroom, a large living room and a kitchenette. The home also has a water softener and updates include: New flooring upstairs (living & room bathroom in 2025) •Hardwood flooring in the basement (2017) •Recently painted inside and out •Newer hwt 2017 •Shingles on the garage 2024 •Shingles on the house in 2013 •All new windows: bsmnt windows 2023 and all other windows 2013 •New front door 2025 • Added extra insulation and ventilation in the attic (2025) • upstairs bathroom fan (2025). The yard is massive (124’x56’) and has more parking options than you’ll ever need. The single detached garage 22’x14’ is great for extra storage. Located near schools, playgrounds, walking trails, shopping and bus service. Basement photos taken prior to tenancy. (id:39198)
● Building Type
House
● Year built
1973
● Square Footage
1,025 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
8
● Neighbourhood
Hillside
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance, Walk-up, Suite
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$324,800
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
$2,915/month
The payment includes
Rent
$2,532
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$383
Each month, $383 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
$375,997
Cumulative Down Payment
$18,800
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,800
Buyback Price
$341,040
Cumulative Down Payment
$9,600
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,600
Buyback Price
$358,092
Cumulative Down Payment
$14,200
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,200
Buyback Price
$375,997
Cumulative Down Payment
$18,800
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,800
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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