5019 58 Street
Lacombe, Alberta T4L1K7
1 bed• 1 bath• 805 sqft
Description
Unique opportunity in central Lacombe. This 1.5 storey home sits on two lots and offers a private, fully fenced yard with mature lilacs.The home includes 1 bedroom and 1 full bathroom, along with an upper loft that provides additional flexible space for a home office, guest area, or hobby room. Flooring and bathroom updates have been completed over the years, along with regular maintenance including plumbing, electrical, and duct cleaning.Outside, enjoy a stamped concrete patio, rear access with extra parking, and space for RV storage. A detached single garage adds practical storage.Zoned R2, the property offers potential for future development or income opportunities. An excellent choice for buyers looking for space, privacy, and long-term value. (id:39198)
Facts & Features
● Building Type
House
● Year built
1904
● Square Footage
805 sqft
● Stories
1.5
● Bedrooms
1
● Bathrooms
1
● Parking
2
● Neighbourhood
Downtown Lacombe
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$237,900
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
$2,233/month
The payment includes
Rent
$1,989
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$244
Each month, $244 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
$275,399
Cumulative Down Payment
$13,770
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,770
Buyback Price
$249,795
Cumulative Down Payment
$7,923
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$2,923
Buyback Price
$262,285
Cumulative Down Payment
$10,847
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$5,847
Buyback Price
$275,399
Cumulative Down Payment
$13,770
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$8,770
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
$2,233/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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.