Sherwood Park, Alberta T8A3E4
3+1 beds 3 baths 1,302 sqft
Discover the possibilities in Glen Allan! This 1,285 sq. ft. bungalow sits in an established neighbourhood on a large, beautifully laid-out lot. Step inside to a bright living room with a generous picture window and an easy-flowing main-floor layout that connects the living, dining and kitchen spaces. The kitchen offers ample cabinetry and a window overlooking the yard, while the spacious primary bedroom gives you room to settle in. A separate side entrance adds flexibility, and the basement offers space to finish to suit your needs. Outside, enjoy a private backyard with mature trees, room to relax or garden, and a handy storage shed. The oversized garage with 220V power is a standout for a mechanic, hobbyist or anyone needing serious workshop space. A wide driveway adds convenient parking. With its practical layout, inviting outdoor space and exceptional garage, this Glen Allan property is ready for your ideas. Make it your own and enjoy life in a mature Sherwood Park neighbourhood. (id:39198)
Home price
$450,000
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
$4,137/month
The payment includes
Rent
$3,523
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$614
Each month, $614 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
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
Buyback Price
$472,500
Cumulative Down Payment
$12,364
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,364
Buyback Price
$496,125
Cumulative Down Payment
$19,729
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,729
Buyback Price
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
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.