Sherwood Park, Alberta T8H1A8
3 beds 3 baths 1,599 sqft
~ GORGEOUS 3 BEDROOM, 2.5 BATH TWO STOREY HOME in SUMMERWOOD ~ CENTRAL AIR CONDITIONING ~ FULLY FINISHED BASEMENT ~ DOUBLE ATTACHED GARAGE ~ The main floor features an open concept with laminate flooring throughout and a 2 piece bath ~ The kitchen has tons of cupboard space and quartz countertops, white cabinetry and high end stainless steel appliances, plus there is an island with an eating bar and corner pantry ~ The dining nook overlooks the back yard and has patio doors leading out to the maintenance free composite deck ~ The living room provides ample space for your furniture and an electric fireplace ~ Upstairs there are 3 good sized bedrooms including the primary bedroom with its own 4 piece ensuite plus a large walk-in closet. There is an additional full bath and 2 good sized spare bedrooms ~ The basement is fully finished with lots of storage and a huge rec room ~ The yard is fully landscaped and fenced ~ Located on a quiet crescent close to parks, transit and shopping ~ Just move in and enjoy. (id:39198)
Home price
$575,000
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
$5,528/month
The payment includes
Rent
$4,513
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,016
Each month, $1,016 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$665,634
Cumulative Down Payment
$41,563
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,563
Buyback Price
$603,750
Cumulative Down Payment
$17,188
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,188
Buyback Price
$633,938
Cumulative Down Payment
$29,376
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,376
Buyback Price
$665,634
Cumulative Down Payment
$41,563
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,563
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.