9856 104 Avenue
Grande Prairie, Alberta T8V1E4
3+2 beds 2 baths 1,093 sqft
Description
Opportunity, space, and value all come together in this affordable home! Offering 5 bedrooms and 2 bathrooms across two developed levels, this property provides plenty of flexibility for a growing household, first-time buyer, investor, or anyone looking for a home they can improve over time.The main floor features a practical layout with 3 bedrooms and a full bathroom. Downstairs, the developed basement adds 2 more bedrooms, and a full bathroom, kitchenette, and additional living space.Several significant improvements have already been completed over the years, including updated windows, shingles, siding, foundation membrane protection, and basement renovations. Outside, the large lot provides plenty of usable yard space along with potential for future development, including room to explore adding a garage.With immediate possession available, an attractive price point, and plenty of potential to continue adding value, this is a great opportunity to make a home your own while building equity along the way (id:39198)
Facts & Features
● Building Type
House
● Year built
1957
● Square Footage
1,093 sqft
● Stories
2
● Bedrooms
3+2
● Bathrooms
2
● Parking
4
● Neighbourhood
VLA Montrose
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance, Suite
● Parking Type
--
● Time on REALTOR.ca
52 days
Home price
$278,000
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
$2,526/month
The payment includes
Rent
$2,218
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$308
Each month, $308 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
$321,820
Cumulative Down Payment
$16,091
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,091
Buyback Price
$291,900
Cumulative Down Payment
$8,697
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,697
Buyback Price
$306,495
Cumulative Down Payment
$12,394
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,394
Buyback Price
$321,820
Cumulative Down Payment
$16,091
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,091
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
$2,526/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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