7314 98 Street


Grande Prairie, Alberta T8V4X8

2+1 beds 2 baths 852 sqft

Description

3 bed 2 bath bilevel in Patterson. Get the best of both worlds with this updated home on a mature lot. Renovated kitchen features white soft close cabinets, tiled backsplash and upgraded stainless appliances. Separate dining area and large living room with patio doors to the giant attached front deck. The 2 upstairs bedrooms both have built in closet organizers, and a tiled 4 piece bathroom to complete the main level. Downstairs is the massive living space with a wet bar! Loaded with character, the stonework and woodwork make this a unique space. There's a wood burning fireplace, plenty of storage, and is well set up to be your ideal hang out location. Downstairs also has the 3rd bedroom, second full bathroom conveniently located next to the bar, and a separate laundry room. Vinyl and tile throughout the main level, and laminate downstairs - No carpet! Water heater replaced in 2023. Garage roof redone in 2023. Windows were all updated, most with triple pane windows, including basement. Garage is boarded and insulated and has a wood burning fireplace. Fully fenced private back yard has a fire pit, shed, and backs onto an easement. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1978

● Square Footage

852 sqft

● Stories

--

● Bedrooms

2+1

● Bathrooms

2

● Parking

5

● Neighbourhood

South Patterson Place

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

91 days

Home price

$375,000

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

$3,393/month

The payment includes

Rent

$2,929

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

Monthly Savings

$464

Each month, $464 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

$434,109

Cumulative Down Payment

$21,705

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$16,705

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

$3,393/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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Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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