Grande Prairie, Alberta T8X0C1
3+1 beds 3 baths 1,130 sqft
2012 built legal up down duplex situated on a quiet street in desired Countryside north with NO REAR NEIGHBORS! Upper unit boasts open concept between kitchen , dining and living room. Kitchen has must have corner pantry , and adequate cabinet + counter space. Dining allows for a table of any shape or size for all occasions. Living room has large window for natural light and vaulted ceilings. Remainder of upper unit consists of full bathroom, three good sized bedrooms including the master with walk in closet and full en-suite. Basement suite again has open concept between kitchen + living room with large windows so it does not feel like a basement, and dining in own area great for privacy, one large bedroom, and full bathroom. Each unit has its own laundry. Back yard is west backing, mostly fenced and has a shed for storage. Driveway allows for ample parking + storage. Both units currently rented, so whether you are looking to add a turn key rental property to your growing portfolio, or home where you can off set the mortgage and live in one of the units, this home is it! (id:39198)
Home price
$469,900
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
$4,358/month
The payment includes
Rent
$3,680
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$678
Each month, $678 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
$543,968
Cumulative Down Payment
$29,397
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,397
Buyback Price
$493,395
Cumulative Down Payment
$13,132
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,132
Buyback Price
$518,065
Cumulative Down Payment
$21,265
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,265
Buyback Price
$543,968
Cumulative Down Payment
$29,397
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,397
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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next steps toward homeownership.