66 Meadowbrook Rd
Sherwood Park, Alberta T8A0N9
3 beds 2 baths 1,168 sqft
Description
Lovingly maintained by only its 2nd owner, this charming bungalow offers over 1,100 sq. ft. and is ready to welcome its 3rd owner. Updates have been made over the years, while leaving room to refresh and make it your own. The main floor features three good-sized bedrooms, primary with a 2-pce ensuite, and a spacious living & dining area. The kitchen offers plenty of space for a table & has a built-in pantry and large window overlooking the mature, south-facing backyard. Two solar light tubes provide added natural light to the kitchen & bathroom. Enjoy the sunroom which has two accesses to the backyard & side deck. Downstairs, offers a large family room with a wood-burning stove, den, laundry area, cold room and plenty of storage. Outside offers mature landscaping, raised vegetable & perennial-filled garden beds, a long concrete driveway and an 21'5 x 23'8 heated double garage & an attached storage shed. Walking distance to 3 schools, parks, transit & shopping. Some photos virtually staged. (id:39198)
Facts & Features
● Building Type
House
● Year built
1970
● Square Footage
1,168 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
4
● Neighbourhood
Mills Haven
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
62 days
Home price
$425,000
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
$3,869/month
The payment includes
Rent
$3,325
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$544
Each month, $544 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
$491,991
Cumulative Down Payment
$24,600
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,600
Buyback Price
$446,250
Cumulative Down Payment
$11,533
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,533
Buyback Price
$468,563
Cumulative Down Payment
$18,066
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,066
Buyback Price
$491,991
Cumulative Down Payment
$24,600
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,600
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
$3,869/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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