9343 112a Avenue
Grande Prairie, Alberta T8V1W2
2+1 beds 2 baths 900 sqft
Description
Whether you're looking for an investment property, or a home with space for extended family, this duplex offers endless possibilities!The main level features a charming retro-style interior full of character, with 2 spacious bedrooms, a 4-piece bathroom, a bright living room, and a functional kitchen that brings a touch of vintage charm.The lower level offers a 1-bedroom suite complete with its own kitchen, comfortable living area, and a 4-piece bathroom—ideal for accommodating guests, or providing private space for family members.With separate living areas and flexible use options, this property is perfect for investors, first-time buyers, or anyone looking to offset their mortgage with mother in law in the basement. Don't miss your chance to own this versatile property with plenty of potential. Whether you renovate, rent, or move right in, this duplex is ready for its next chapter! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1971
● Square Footage
900 sqft
● Stories
2
● Bedrooms
2+1
● Bathrooms
2
● Parking
2
● Neighbourhood
Mountview
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
96 days
Home price
$249,901
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
$2,355/month
The payment includes
Rent
$2,092
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$263
Each month, $263 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
$289,292
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
Buyback Price
$262,396
Cumulative Down Payment
$8,155
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,155
Buyback Price
$275,516
Cumulative Down Payment
$11,310
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$6,310
Buyback Price
$289,292
Cumulative Down Payment
$14,465
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$9,465
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
$2,355/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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