Spruce Grove, Alberta T7X4E8
3 beds• 3 baths• 1,631 sqft
Backing onto a walking trail with no rear neighbours, this brand new duplex in Prescott offers the perfect blend of privacy, style, and functionality. Featuring 1,640 sq ft of thoughtfully designed living space and a front double attached garage, the main floor showcases an L-shaped kitchen with all appliances included, a walk-through pantry, and a bright open-concept living and dining area. Step outside onto the rear deck and enjoy the privacy of an expansive backyard. Upstairs you'll find two spacious bedrooms, a versatile bonus room, convenient upper-floor laundry, and a spacious primary retreat complete with a luxurious 5-piece ensuite. complete with A separate side entrance. Located in the growing community of Prescott, this home is close to parks, walking trails, schools, and everyday amenities. (id:39198)
Home price
$439,000
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
$4,014/month
The payment includes
Rent
$3,436
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$578
Each month, $578 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
$508,197
Cumulative Down Payment
$25,820
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,820
Buyback Price
$460,950
Cumulative Down Payment
$11,940
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,940
Buyback Price
$483,998
Cumulative Down Payment
$18,880
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,880
Buyback Price
$508,197
Cumulative Down Payment
$25,820
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,820
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.