86 Glencoe Pl
Sherwood Park, Alberta T8A5L2
2+1 beds 2 baths 1,571 sqft
Description
Welcome to one of Sherwood Park's hidden gems - The villas at Glencoe Place. Beautiful three bedroom, two bath 1570(+) square foot bungalow built by Salvi. Perfect for those wishing for a lock an leave lifestyle with outside maintenance done for you. This community is an HOA and annual cost is very affordable at $2220. Situated at the end of a very quiet cull de sac , the home has been lovingly maintained with several upgrades through the years. Newer items include tankless hot water system, stone counters, furnace and air conditioning(2018), both bathrooms including a heated floor in the walk in shower in the ensuite, built in vac. system, sprinkler system and loads more. Quality is evident everywhere and the large deck features a hot tub rough in. Hardwood flooring for most of the main flooring with gorgeous slate in the kitchen and 60 oz. carpeting in the living room and primary suite. Pride of ownership is really evident......Best see this one.... (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1990
● Square Footage
1,571 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
2
● Parking
4
● Neighbourhood
Craigavon
● Land size
--
● Heating type
Forced air, In Floor Heating
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$559,900
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
$5,360/month
The payment includes
Rent
$4,393
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$967
Each month, $967 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
$648,154
Cumulative Down Payment
$39,815
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$34,815
Buyback Price
$587,895
Cumulative Down Payment
$16,605
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,605
Buyback Price
$617,290
Cumulative Down Payment
$28,210
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,210
Buyback Price
$648,154
Cumulative Down Payment
$39,815
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$34,815
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
$5,360/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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