9516 98 Avenue


Grande Prairie, Alberta T8V0N9

2+2 beds 2 baths 866 sqft

Description

Located close to parks and playgrounds, this well-maintained bungalow offers a practical layout, numerous updates, and plenty of functional living space. The main floor features a modern kitchen with plenty of cabinetry and convenient access from the dining area to the deck, making it easy to enjoy the outdoors or entertain guests. The living room is bright and inviting with a large window that fills the space with natural light. Two bedrooms and a full bathroom with a tiled shower complete the main level. Master bedroom has triple pane window so you can sleep in peace & quiet. The fully finished basement provides excellent additional living space, featuring a family room, two more bedrooms, and a utility room with a 3-piece bathroom and plenty of storage. Recent improvements include a new furnace in 2018, newer spray-foam insulation, a newer tin roof, fascia & eavestrough, several newer light fixtures, newer main-floor windows, and a newer hot water tank. A hot tub was also added in 2023, providing a great spot to relax and unwind. Outside, the fenced yard is complemented by mature trees, creating a private and established setting. The detached double garage is heated and remains functional, with an additional storage room built onto the back for even more space. With its combination of updates, finished living space, mature yard, and convenient location near parks and playgrounds, this home offers plenty of value and versatility. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1961

● Square Footage

866 sqft

● Stories

1

● Bedrooms

2+2

● Bathrooms

2

● Parking

3

● Neighbourhood

Smith

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

63 days

Home price

$314,900

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

$2,821/month

The payment includes

Rent

$2,453

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

Monthly Savings

$367

Each month, $367 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

$364,536

Cumulative Down Payment

$18,227

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$13,227

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

$2,821/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.

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