2 Cheyenne Cr
Sherwood Park, Alberta T8H1C4
3+2 beds• 3 baths• 1,669 sqft
Description
Room for everyone, and a little room to make it your own! Welcome to Clover Bar Ranch in Sherwood Park, where this 1,664 sqft bungalow is ready for its next chapter. Sitting on a corner lot, this home offers 5 bedrooms and a double attached garage. Updates include a new roof and eavestroughs, plus newer triple pane windows. The main floor has a great layout with two separate living rooms, a dedicated dining room and a kitchen ready for everyday meals and family gatherings. The primary bedroom comes with its own ensuite, while two additional bedrooms offer plenty of flexibility for kids, guests or a home office. Downstairs, the fun continues with two more bedrooms and loads of room to spread out. Think movie nights, kids' play space, sleepovers, a games area or all of the above! There's plenty of space here for everyone to find their favourite spot. Move in and enjoy it as it is, or bring your ideas and make some updates along the way. The space is here, the potential is here, and the opportunity is yours. (id:39198)
Facts & Features
● Building Type
House
● Year built
1988
● Square Footage
1,669 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
3
● Parking
4
● Neighbourhood
Clover Bar Ranch
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$580,000
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
$5,584/month
The payment includes
Rent
$4,552
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,032
Each month, $1,032 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
$671,423
Cumulative Down Payment
$42,142
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,142
Buyback Price
$609,000
Cumulative Down Payment
$17,381
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,381
Buyback Price
$639,450
Cumulative Down Payment
$29,762
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,762
Buyback Price
$671,423
Cumulative Down Payment
$42,142
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,142
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
$5,584/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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