Spruce Grove, Alberta T7X0C9
3 beds• 3 baths• 1,713 sqft
This 1660sqft home features 4bed, 2.5 bath. The home features an open concept main floor with 9’ ceiling. Main floor bedroom or flexroom, perfect for guest room or an office. The kitchen comes with a large island and corner pantry, which overlooks the great room and dining area. Quartz countertops in the kitchen and all bathrooms. Large great room includes a 50” linear electric fireplace. The second floor has a large primary bedroom with walk-in closet and 4-piece ensuite that includes dual sinks and stand-up shower. This home also has two secondary bedrooms, central bonus room, full bathroom, and a conveniently located laundry upstairs. A side entrance is included for future basement potential, with the basement ceiling height upgraded to 9’, for a more spacious feel, and 2 windows. Virtually staged for illustration purposes. Appliances, decor and furniture not included. (id:39198)
Home price
$440,112
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
$4,027/month
The payment includes
Rent
$3,445
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$582
Each month, $582 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
$509,485
Cumulative Down Payment
$25,948
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,948
Buyback Price
$462,118
Cumulative Down Payment
$11,983
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,983
Buyback Price
$485,223
Cumulative Down Payment
$18,966
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,966
Buyback Price
$509,485
Cumulative Down Payment
$25,948
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,948
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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next steps toward homeownership.