9218 115 Avenue
Grande Prairie, Alberta T8V7E8
3+2 beds 2 baths 1,055 sqft
Description
Welcome to this updated bi-level home located on a quiet cul-de-sac in the family-friendly neighbourhood of Summit. This home is a great option for first-time buyers or a growing family, offering a bright and functional layout with plenty of natural light throughout. The main floor features updated flooring, a spacious living area, a functional kitchen with plenty of cabinet space, 3 bedrooms and 1 full bathroom. Downstairs offers a large developed living/recreation area, 2 additional bedrooms and another full bathroom, providing plenty of space for the whole family.The home has also been freshly painted, giving it a clean and refreshed feel throughout. Enjoy the backyard with a covered deck and plenty of room for kids, pets or entertaining. Recent updates include shingles replaced in 2023, hot water tank in 2022, and new flooring upstairs in 2024.Complete with an attached double garage and ideally located within walking distance to Crystal Park School, while also being close to parks, shopping and everyday amenities. Come see this home today! (id:39198)
Facts & Features
● Building Type
House
● Year built
2002
● Square Footage
1,055 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
2
● Parking
6
● Neighbourhood
Summit
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
45 days
Home price
$398,000
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
$3,612/month
The payment includes
Rent
$3,111
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$501
Each month, $501 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
$460,735
Cumulative Down Payment
$23,037
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,037
Buyback Price
$417,900
Cumulative Down Payment
$11,012
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,012
Buyback Price
$438,795
Cumulative Down Payment
$17,024
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,024
Buyback Price
$460,735
Cumulative Down Payment
$23,037
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,037
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
$3,612/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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