Spruce Grove, Alberta T7X2X3
4 beds• 3 baths• 1,917 sqft
Over 1,900 sq. ft. of beautifully finished living space in this impressive 2-story home, located in a desirable, well-maintained neighborhood. The enormous primary suite offers a beautiful ensuite and huge walk-in closet, while two additional generous bedrooms, a full bathroom, spacious bonus room, and convenient upstairs laundry complete the second floor. The main level features a well-designed kitchen with tons of storage, a cozy living room with a modern electric fireplace, plus a versatile fourth bedroom, office, or flex room and convenient half bath. Enjoy the attached double garage and large, fully fenced lot with plenty of outdoor space. A fantastic home offering style, space, functionality, and a great location right in town! (id:39198)
Home price
$599,000
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
$5,795/month
The payment includes
Rent
$4,703
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,093
Each month, $1,093 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
$693,417
Cumulative Down Payment
$44,342
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,342
Buyback Price
$628,950
Cumulative Down Payment
$18,114
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,114
Buyback Price
$660,398
Cumulative Down Payment
$31,228
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,228
Buyback Price
$693,417
Cumulative Down Payment
$44,342
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,342
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.