Grande Prairie, Alberta T8V3P7
3 beds• 1 bath• 1,040 sqft
THE PERFECT STARTER HOME located in a cul-de-sac! This property offers incredible value along with major recent upgrades, including a brand new professionally installed roof and new electrical panel. Located in Crystal Ridge, this 3-bedroom, 1-bathroom bungalow is an excellent opportunity for first-time buyers or investors looking for a rental property. The main floor features a bright, open layout with a spacious kitchen, dining area, and bathroom, highlighted by solid oak cabinets, a wall pantry, and a dishwasher. Upstairs, you’ll find three generously sized bedrooms and a full 3-piece bathroom. The partially developed basement includes a rec room, laundry area, and is roughed in for a second bathroom, offering additional potential. The attached single garage could be converted into a workshop or used to keep your vehicle out of the elements, while the fully fenced yard backs onto an easement for added privacy with no direct rear neighbors. Immediate possession is available. (id:39198)
● Building Type
House
● Year built
1974
● Square Footage
1,040 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
1
● Parking
4
● Neighbourhood
Crystal Ridge
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
7 days
Home price
$339,900
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
$3,059/month
The payment includes
Rent
$2,651
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$408
Each month, $408 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
$393,477
Cumulative Down Payment
$19,674
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,674
Buyback Price
$356,895
Cumulative Down Payment
$9,891
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,891
Buyback Price
$374,740
Cumulative Down Payment
$14,783
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,783
Buyback Price
$393,477
Cumulative Down Payment
$19,674
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,674
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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