Grande Prairie, Alberta T8V5T6
3 beds• 2 baths• 1,076 sqft
Located in Patterson, close to schools and everyday amenities, this bright and clean duplex is a great opportunity for first-time buyers, families, or investors! Featuring 3 bedrooms and 1.5 bathrooms. This home offers a comfortable layout with plenty of potential. Recent updates include fresh paint and new bathroom giving the interior a refreshed feel. The partially finished basement provides additional space for a family area, hobbies, or extra storage. Outside, enjoy the huge pie-shaped lot with plenty of room for kids, pets, gardening, or entertaining. A new deck and front step add to the appeal, while key updates include a furnace replaced in 2019, shingles in 2014, and a hot water tank in 2016. With a spacious pie shaped yard, interior updates, and a convenient Patterson location close to schools, this duplex is one to put on your list! (id:39198)
Home price
$234,900
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
$2,203/month
The payment includes
Rent
$1,964
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$239
Each month, $239 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$271,926
Cumulative Down Payment
$13,596
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,596
Buyback Price
$246,645
Cumulative Down Payment
$7,865
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,865
Buyback Price
$258,977
Cumulative Down Payment
$10,731
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,731
Buyback Price
$271,926
Cumulative Down Payment
$13,596
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,596
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
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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next steps toward homeownership.