118 Silkstone Road West
Lethbridge, Alberta T1J2G3
4 beds• 2 baths• 1,098 sqft
Description
Welcome to this fantastic 4-level split on a sunny corner lot, offering all the space a growing family could dream of! From the moment you arrive, the huge lot hints at endless possibilities—including room to build the massive garage you’ve always wanted. Inside, the home shines with fresh paint and brand-new carpets, giving everything that crisp, move-in-ready feel. The main level features a cozy living room and an inviting kitchen with an eating bar and plenty of space for family dinners. Upstairs you’ll find three bedrooms, including a spacious primary suite that feels like your own private retreat. The third level opens up to a massive rec room—perfect for movie nights, kids’ hangouts, or hosting the whole crew. And the fourth level? It’s impressively roomy, complete with a large fourth bedroom and even more flexible space to use however you like. All of this sits just steps from shopping, restaurants, schools, lakes, parks, and more, making daily life wonderfully convenient. This home shows incredibly well and packs in comfort, space, and potential at every turn! (id:39198)
Facts & Features
● Building Type
House
● Year built
2007
● Square Footage
1,098 sqft
● Stories
--
● Bedrooms
4
● Bathrooms
2
● Parking
5
● Neighbourhood
Copperwood
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
56 days
Home price
$429,900
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
$3,916/month
The payment includes
Rent
$3,364
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$552
Each month, $552 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
$497,663
Cumulative Down Payment
$24,883
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,883
Buyback Price
$451,395
Cumulative Down Payment
$11,628
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,628
Buyback Price
$473,965
Cumulative Down Payment
$18,255
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,255
Buyback Price
$497,663
Cumulative Down Payment
$24,883
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,883
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
$3,916/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
Recently Listed Homes in Lethbridge, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.