54 Marion Dr
Sherwood Park, Alberta T8A0M1
2+1 beds 3 baths 1,102 sqft
Description
This is the one you’ve been waiting for! FULLY FINISHED BUNGALOW in the charming, mature neighborhood of Mills Haven - all the work is done, just move in! The main floor has been beautifully updated: stone pony wall with built-in electric fireplace, newer kitchen, flooring, windows, doors, baseboards, casings, light fixtures & fresh paint. The primary retreat has a HUGE new ensuite & walk-in closet, plus an updated 2nd 4-piece bath. The basement was fully renovated in 2026 with new flooring, baseboards, paint & pot lights, and features a 3rd bedroom, 2-piece bath, retro wet bar and a cozy family room with wood-burning fireplace. The open flex room is set up for a movie theatre, or games room! Big-ticket items are DONE: new roof, eaves, furnace, A/C & hot water tank. NEW heater in the insulated double detached garage, NEW deck, fence & driveway gate with room for your RV. Sunny south-facing backyard. Close to schools & all amenities! This is your chance to move to The Park in stye!! (id:39198)
Facts & Features
● Building Type
House
● Year built
1970
● Square Footage
1,102 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
3
● Parking
--
● Neighbourhood
Mills Haven
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$484,000
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
$4,515/month
The payment includes
Rent
$3,792
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$723
Each month, $723 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
$560,291
Cumulative Down Payment
$31,029
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,029
Buyback Price
$508,200
Cumulative Down Payment
$13,676
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,676
Buyback Price
$533,610
Cumulative Down Payment
$22,353
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,353
Buyback Price
$560,291
Cumulative Down Payment
$31,029
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,029
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
$4,515/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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