25 Milburn Cr
Sherwood Park, Alberta T8A0T9
3+1 beds 3 baths 1,182 sqft
Description
WOW—this extensively renovated Mills Haven bungalow shows like new! Offering 3+1 bedrooms & outstanding family-friendly living, it combines fresh modern style with the warmth & character of a mature Sherwood Park neighbourhood. $80K in renos! New shingles on house & garage, windows, front & rear doors, flooring, paint, baseboards & most lighting. Refreshed kitchen features marble-look counters, painted cabinetry, black hardware, new Microwave. Gorgeous, renovated 4-pc bath & nice 2-pc ensuite on main floor. Basement recently finished w/ huge recreation area, 4th bedroom, new 3-pc bath, laundry w/ new washer/dryer & WETT-certifiable wood-burning fireplace! Outside offers a freshly painted exterior, improved landscaping, deck, long concrete driveway & an awesome oversized heated double garage—ideal for vehicles, hobbies & storage. Photos w/furniture virtually staged. Close to cafés, restaurants, schools, parks, shopping & recreation in a quiet, fun family neighbourhood. Truly move-in ready! Welcome Home! (id:39198)
Facts & Features
● Building Type
House
● Year built
1970
● Square Footage
1,182 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
3
● Parking
6
● Neighbourhood
Mills Haven
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
49 days
Home price
$499,999
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
$4,693/month
The payment includes
Rent
$3,919
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 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
$578,811
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
Buyback Price
$524,999
Cumulative Down Payment
$14,294
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,294
Buyback Price
$551,249
Cumulative Down Payment
$23,587
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,587
Buyback Price
$578,811
Cumulative Down Payment
$32,881
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,881
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
$4,693/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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