9940 88 Avenue
Grande Prairie, Alberta T8V0C2
3+1 beds 2 baths 1,008 sqft
Description
4-bedroom, 2-bathroom home in desirable Highland Park! The main floor features 3 roomy bedrooms, a full bathroom, classic kitchen, and comfortable living room, plus brand-new carpet in all three bedrooms and the hallway. The partially finished basement offers plenty of possibilities, including a large bedroom with a kitchenette and its own ensuite bathroom—great potential as a mortgage helper(currently an illegal suite) or rec room with a wet bar! You’ll also find a huge storage room with shelving and an unfinished room that could become a future 5th bedroom. Outside, enjoy the huge, private backyard with mature trees, two storage sheds, and back-alley access with a gate for RV or toy parking—and keep your eyes peeled, as you may even spot a few bunnies! Several windows have been upgraded to vinyl, including the upstairs bedroom windows and kitchen window. Highland Park is an excellent location, just 4 blocks from Muskoseepi Park, within walking distance of 3 schools, and less than a block to Lions Park playground and Splash park, an incredible family destination. ** DO NOT USE TOILETS OR SINK, WATER IS TURNED OFF** (id:39198)
Facts & Features
● Building Type
House
● Year built
1961
● Square Footage
1,008 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
2
● Neighbourhood
Highland Park
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
74 days
Home price
$269,900
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
$2,447/month
The payment includes
Rent
$2,152
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$295
Each month, $295 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
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
Buyback Price
$283,395
Cumulative Down Payment
$8,541
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,541
Buyback Price
$297,565
Cumulative Down Payment
$12,081
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,081
Buyback Price
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
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
$2,447/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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