23 Gillingham Cr
Sherwood Park, Alberta T8A2X5
3 beds 3 baths 1,224 sqft
Description
A combination of functional living space, thoughtful updates & a private outdoor setting in the desirable Glen Allen neighborhood. This home offers 2324 sq. ft. of comfortable living space across 2 levels. With a bright, open main floor featuring a spacious Livingroom with a cozy fireplace & hardwood flooring, creating an inviting space for entertaining. Main level offers the primary bedroom with a convenient 2 pcs ensuite, an additional 2 bedrooms and a renovated 4 pcs bathroom. The fully finished basement provides excellent additional living space, featuring a large rec room, a fourth bedroom or versatile office space, & an updated 3pcs bathroom. Lower level is ideal for guests, a home office, or additional family living. Outside, enjoy a private, tree-lined backyard offering plenty of entertaining space and privacy. The single attached garage & large driveway provide ample parking including room for your RV. (id:39198)
Facts & Features
● Building Type
House
● Year built
1972
● Square Footage
1,224 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Glen Allan
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
88 days
Home price
$473,700
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
$4,400/month
The payment includes
Rent
$3,711
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$690
Each month, $690 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
$548,367
Cumulative Down Payment
$29,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,837
Buyback Price
$497,385
Cumulative Down Payment
$13,279
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,279
Buyback Price
$522,254
Cumulative Down Payment
$21,558
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,558
Buyback Price
$548,367
Cumulative Down Payment
$29,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,837
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
$4,400/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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