7 Stout Pl
Leduc, Alberta T9E1K4
3+1 beds• 4 baths• 1,959 sqft
Description
Whether you're an investor, or you're looking for a home with income potential, this property delivers exceptional value and flexibility! This well maintained 4-bedroom, 3.5-bathroom home is perfectly located in the much sought after community of Southfork. This home offers both style and functionality. The vaulted ceilings in the dining/living area make the living space both bright and spacious. Open to the kitchen, you will love the walk thru panty along with all of the counter and cupboard space this kitchen has. Upstairs, boasts family room, master bedroom with private ensuite, and 2 other well sized bedrooms. The fully finished basement features a legal one-bedroom suite with its own private entrance and in-suite laundry—an excellent mortgage helper or long-term rental opportunity. (id:39198)
Facts & Features
● Building Type
House
● Year built
2019
● Square Footage
1,959 sqft
● Stories
2
● Bedrooms
3+1
● Bathrooms
4
● Parking
--
● Neighbourhood
Southfork
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
64 days
Home price
$525,000
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
$4,972/month
The payment includes
Rent
$4,117
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$855
Each month, $855 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
$607,753
Cumulative Down Payment
$35,775
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,775
Buyback Price
$551,250
Cumulative Down Payment
$15,258
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,258
Buyback Price
$578,813
Cumulative Down Payment
$25,517
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,517
Buyback Price
$607,753
Cumulative Down Payment
$35,775
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,775
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
$4,972/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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