Spruce Grove, Alberta T7X3G9
3+2 beds• 3 baths• 1,270 sqft
FULLY RENOVATED BUNGALOW IN GROVE MEADOWS! This 5-bed, 3-bath bungalow offers over 2,200 sq ft of total living space on a desirable corner lot. The bright main floor features 3 bedrooms, including a primary w/3pc ensuite, plus main-floor laundry. The new kitchen boasts quartz counters, oversized island/eating bar, custom cabinetry & new appliances. Both levels offer all-new LVP flooring, trim, doors, hardware, LED lighting, blinds & paint. All 3 bathrooms have been renovated w/new flooring, showers, vanities, toilets & fixtures. The finished basement adds 2 large bedrooms, full bath, spacious family/rec room & storage. Major updates include new PEX plumbing, hot water tank, upgraded electrical panel/service, R50 attic insulation & new central vac. Outside, enjoy new fencing, repaired & upgraded Duradeck w/Regal railing, & sealed/levelled concrete. Heated double attached garage. Extensive renovations make this home truly move-in ready! (id:39198)
Home price
$569,000
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
$5,461/month
The payment includes
Rent
$4,465
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$996
Each month, $996 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
$658,689
Cumulative Down Payment
$40,869
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,869
Buyback Price
$597,450
Cumulative Down Payment
$16,956
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,956
Buyback Price
$627,323
Cumulative Down Payment
$28,913
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,913
Buyback Price
$658,689
Cumulative Down Payment
$40,869
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,869
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.