9424 123 Avenue
Grande Prairie, Alberta T8V5Y5
3+2 beds 2 baths 1,032 sqft
Description
This large bungalow style duplex is perfect for families as well as investors. Offering an open main plan with living and dining room seamlessly flowing. Kitchen has plenty of counter space with a pantry. Three bedrooms and a main bathroom upstairs. Downstairs has a mirrored image with an open rec room space, laundry, two more big bedrooms (one with walk in closet) and a full bathroom. Outside has a small attached front storage shed in front with mature landscaping, and a ground level patio at the side leading to the fully fenced private yard. Recent updates include furnace (2014), windows/doors (2019), Shingles (2018), Upper bedroom flooring (2026). If your looking for a smart investment to gain some equity, check this one out! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1980
● Square Footage
1,032 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
2
● Parking
2
● Neighbourhood
Crystal Ridge
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
49 days
Home price
$237,000
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
$2,224/month
The payment includes
Rent
$1,982
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$242
Each month, $242 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
$274,357
Cumulative Down Payment
$13,718
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,718
Buyback Price
$248,850
Cumulative Down Payment
$7,906
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,906
Buyback Price
$261,293
Cumulative Down Payment
$10,812
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,812
Buyback Price
$274,357
Cumulative Down Payment
$13,718
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,718
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
$2,224/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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