8 Petticoat Lane


Lacombe, Alberta T4L1T6

3 beds 3 baths 1,294 sqft

Description

Welcome to English Estates, where oversized lots and quiet streets create one of Lacombe’s most coveted neighborhoods. This beautifully cared for bi-level sits on an impressive 1/3 of an acre lot and delivers the perfect blend of comfort and privacy. With four bedrooms and three bathrooms there is plenty of room for family life, guests, or a growing household. The main level showcases hardwood and tile flooring, a spacious kitchen with eating bar, a large formal dining area overlooking the sunken living room with a wood-burning fireplace. Three generous bedrooms and two bathrooms complete the upper level, including a comfortable primary suite with a three piece ensuite and walk-in closet. The developed walkout basement offers a huge family room, fourth bedroom, three piece bathroom, storage, and laundry, (with potential for a fifth bedroom with minimal effort.) Step outside the garden doors from the family room into the secluded backyard that feels like your own private retreat. Surrounded by mature trees and lush greenery, it’s the kind of outdoor space that’s hard to find and even harder to leave. Updates which bring peace of mind and a refreshed look include new pex water lines (Dec 2025), shingles (2019), siding (2019), and windows. Practical perks include RV parking, an attached double garage, enclosed under deck storage and a layout designed for real life. This is a home that’s been truly loved — inside and out — and it shows. (id:39198)

Facts & Features

● Building Type

House

● Year built

1990

● Square Footage

1,294 sqft

● Stories

--

● Bedrooms

3

● Bathrooms

3

● Parking

6

● Neighbourhood

English Estates

● Land size

--

● Heating type

--

● Basement type

Finished, Full, Separate entrance, Walk out

● Parking Type

--

● Time on REALTOR.ca

0 days

Brokerage Name: Royal LePage Network Realty Corp.

Powered by: REALTOR.ca

Home price

$545,900

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$5,204/month

The payment includes

Rent

$4,282

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$922

Each month, $922 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:

1 year2 years3 years
Year 3

Buyback Price

$631,947

Cumulative Down Payment

$38,195

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$33,195

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

$5,204/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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