8 Meadowlink Cm
Spruce Grove, Alberta T7X0W1
3 beds• 3 baths• 2,000 sqft
Description
Welcome to this fantastic 3-bedroom, 2.5-bath AIR CONDITIONED home located in the family-friendly neighbourhood of McLaughlin! Filled with NATURAL LIGHT, this property offers a spacious and FUNCTIONAL LAYOUT perfect for families or anyone looking for some extra space. The LARGE PRIMARY BEDROOM features a WALK-IN CLOSET and a beautiful 4-PIECE ENSUITE. Upstairs, the BONUS ROOM is ideal as a family room, home office, or play area. The unfinished basement is ALREADY FRAMED, offering a head start for future development. You'll love the HEATED OVERSIZED garage and beautiful BACKYARD DECK in your fenced backyard, perfect for relaxing or entertaining guests. Conveniently located close to the Tri-Leisure Centre, grocery stores, schools, and everyday amenities, this home combines comfort, convenience, and potential. While it could benefit from some updates and finishing touches, it presents a wonderful opportunity to build equity and make it your own. Don't miss your chance to own in this sought-after community! (id:39198)
Facts & Features
● Building Type
House
● Year built
2015
● Square Footage
2,000 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
McLaughlin_SPGR
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
126 days
Home price
$569,900
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
$5,471/month
The payment includes
Rent
$4,472
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$999
Each month, $999 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
$659,730
Cumulative Down Payment
$40,973
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,973
Buyback Price
$598,395
Cumulative Down Payment
$16,991
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,991
Buyback Price
$628,315
Cumulative Down Payment
$28,982
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,982
Buyback Price
$659,730
Cumulative Down Payment
$40,973
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,973
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
$5,471/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
Recently Listed Homes in Spruce Grove, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.