10761 74 Avenue


Grande Prairie, Alberta T8W2T2

2+2 beds 3 baths 1,080 sqft

Description

Turnkey Legal Up/Down in Prime Location! Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this well-maintained, legally suited up/down home is an excellent opportunity. The upper suite offers a bright, functional living space featuring 2 bedrooms and 2 bathrooms. The spacious kitchen and dining area open onto a private deck, while the inviting living room provides plenty of room to relax. The primary bedroom includes a walk-in closet and a 3-piece ensuite, with a second generously sized bedroom, a 4-piece bathroom, and in-suite laundry completing the upper level. The lower suite features its own private entrance and a thoughtfully designed layout with a spacious kitchen and dining area, a comfortable living room, two generously sized bedrooms, a 3-piece bathroom with in-floor heating, and a dedicated laundry room. Each suite has its own private entrance, separate laundry, and ample storage, making this an ideal setup for tenants or multi-generational living. Situated on a desirable corner lot in a fantastic neighbourhood, you'll enjoy extra yard space, added privacy, and convenient access to parks, schools, shopping, and other everyday amenities. This is a turnkey investment opportunity you won't want to miss! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

2003

● Square Footage

1,080 sqft

● Stories

--

● Bedrooms

2+2

● Bathrooms

3

● Parking

2

● Neighbourhood

Mission Heights

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full, Separate entrance, Suite

● Parking Type

--

● Time on REALTOR.ca

126 days

Home price

$439,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,014/month

The payment includes

Rent

$3,436

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$578

Each month, $578 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:

1 year2 years3 years
Year 3

Buyback Price

$508,197

Cumulative Down Payment

$25,820

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$20,820

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

$4,014/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

Show more FAQs

What kind of homes do you have?

Is there a down payment required for rent-to-own?

How does the Pricing work?

How does rent-to-own work?

what are the requirements for rent-to-own?

What is the interest rate?

Requity Homes logo

Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.