9042 103 Avenue
Grande Prairie, Alberta T8X1H3
3+2 beds 3 baths 1,460 sqft
Description
Welcome to Ivy Lake! This spacious 5 bedroom, 3 bathroom modified bi-level has a great layout, tons of natural light, and plenty of room for the whole family.The main living space is bright, open and welcoming, with big windows that fill the home with natural light. Fresh paint, new flooring and new trim give the home a clean, updated feel.With 5 bedrooms and 3 full bathrooms, there’s no shortage of space here. Whether you need extra bedrooms for the kids, a home office, guest space or a little bit of everything, there’s lots of flexibility here.Outside, you’ll find RV parking plus an attached garage, giving you plenty of room for vehicles, toys and storage.Some of the bigger updates have already been taken care of too, including shingles in 2023, a new hot water tank in 2024, and a new furnace motor and blower in 2024.Located in the established neighbourhood of Ivy Lake, this is a solid family home with a functional layout, great updates and plenty of space to settle in and make your own! (id:39198)
Facts & Features
● Building Type
House
● Year built
1999
● Square Footage
1,460 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
3
● Parking
3
● Neighbourhood
Ivy Lake Estates
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
51 days
Home price
$444,900
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
$4,080/month
The payment includes
Rent
$3,483
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$597
Each month, $597 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
$515,027
Cumulative Down Payment
$26,503
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$21,503
Buyback Price
$467,145
Cumulative Down Payment
$12,168
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,168
Buyback Price
$490,502
Cumulative Down Payment
$19,335
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,335
Buyback Price
$515,027
Cumulative Down Payment
$26,503
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$21,503
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
$4,080/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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