47 Galloway Drive
Sherwood Park, Alberta T8M2M1
3+1 beds• 3 baths• 1,164 sqft
Description
Drop what you're doing. This one doesn't wait. Glen Allan just got its best listing. This home didn't just get updated, it got reimagined, and every corner proves it. The kitchen anchors an open-concept main floor built for real life. Double pantry, endless storage, island stove with a bold hood overhead, and a layout that keeps everyone in on the action. Clutter lost. Mudroom built-ins, living area cabinetry, and a primary closet system that makes every other home feel unfinished. Step outside, a massive deck and generous backyard make Alberta summers worth every cold month. Room to breathe, gather, and stay out longer than planned. Finished basement adds the bonus space your life has been asking for. Bathrooms upgraded top to bottom. New furnace, cold mornings don't win here. Walking trails, Strathcona Athletic Park, top schools, and shopping all within easy reach. Move fast. This one won't wait. (id:39198)
Facts & Features
● Building Type
House
● Year built
1973
● Square Footage
1,164 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
3
● Parking
--
● Neighbourhood
Glen Allan
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$486,000
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
$4,537/month
The payment includes
Rent
$3,808
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$729
Each month, $729 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
$562,606
Cumulative Down Payment
$31,261
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,261
Buyback Price
$510,300
Cumulative Down Payment
$13,754
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,754
Buyback Price
$535,815
Cumulative Down Payment
$22,507
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,507
Buyback Price
$562,606
Cumulative Down Payment
$31,261
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,261
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
$4,537/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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Have Questions About Rent-to-Own? Let's Talk.
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