Sherwood Park, Alberta T8B0G9
3 beds• 3 baths• 1,780 sqft
Built with a main floor bedroom and full bathroom, spacious living room, dinette, and central kitchen. Side entrance and 9ft foundation with two basement windows! Central kitchen features 41” upper cabinets, a corner pantry, and a large island with an eating bar. 50” Electric fireplace adds warmth and a modern touch to the great room. Second floor bonus room & laundry room. Primary bedroom features a private ensuite with double sinks and a walk-in shower as well as a separate large walk-in closet. Quartz countertops and soft close cabinets and drawers featured throughout the home. Cordless Blinds included in the home. Luxury vinyl plank (LVP) flooring throughout the main floor, laundry room, and all bathrooms to offer durability and style. Advanced wear and stain protection carpet w/ 35 oz. weight and 8 lbs. under pad. High-efficiency furnace, hot water tank, and HRV system for improved energy savings and comfort. (id:39198)
Home price
$524,895
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
$4,970/month
The payment includes
Rent
$4,116
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$855
Each month, $855 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
$607,632
Cumulative Down Payment
$35,763
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,763
Buyback Price
$551,140
Cumulative Down Payment
$15,254
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,254
Buyback Price
$578,697
Cumulative Down Payment
$25,509
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,509
Buyback Price
$607,632
Cumulative Down Payment
$35,763
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,763
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.