5 Westwood Pl
Spruce Grove, Alberta T7X1S4
3+1 beds• 4 baths• 1,602 sqft
Description
Backing directly onto Heritage Grove Park!! Tucked away on a quiet cul-de-sac, this spacious bungalow offers over 3024 sq ft of living space, privacy, beautiful views & walking trails just steps from your backyard. The main level provides a functional layout with 3 bdrms, 2.5 bath, formal dining, 2 comfortable living area convenient main-floor laundry. At the rear of the home, the primary bedroom & living space overlook the peaceful park setting with no neighbours behind. The fully finished w/o bsmnt expands your living space with an additional bdrm, bath, generous storage & an impressive recreation room perfect for entertaining or family time. Additional highlights include a wood burning fireplace, vaulted ceilings, exposed wood beams, central vacuum and a beautiful deck. With its attractive brick exterior, & unique interior features, this inviting property combines space, privacy & an exceptional location. 30 year shingles installed approx 2016. New windows(except 2 in bsmnt)/soffits/fascia 2018/2019 (id:39198)
Facts & Features
● Building Type
House
● Year built
1984
● Square Footage
1,602 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
4
● Parking
4
● Neighbourhood
West Grove
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Walk out
● Parking Type
--
● Time on REALTOR.ca
50 days
Home price
$535,000
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
$5,083/month
The payment includes
Rent
$4,196
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$887
Each month, $887 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
$619,329
Cumulative Down Payment
$36,933
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,933
Buyback Price
$561,750
Cumulative Down Payment
$15,644
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,644
Buyback Price
$589,838
Cumulative Down Payment
$26,289
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$21,289
Buyback Price
$619,329
Cumulative Down Payment
$36,933
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,933
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
$5,083/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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