Spruce Grove, Alberta T7X4T8
3+1 beds• 4 baths• 1,856 sqft
Welcome to the Tucana Model by Coventry Homes! This stunning home features a SEPARATE ENTRANCE & 9' CEILINGS ON THE MAIN FLOOR & BASEMENT, offering a bright, spacious feel throughout! The gorgeous kitchen showcases quartz counters, stainless steel appliances, tile backsplash & walk-through pantry, flowing seamlessly into the inviting living & dining areas, perfect for entertaining or everyday living. A mudroom & convenient 2pc bath complete the main floor. Upstairs, the spacious primary suite offers a walk-in closet & luxurious 5pc ensuite featuring dual sinks, freestanding soaker tub & stand-up shower. Two additional bedrooms, full bath, bonus room & upstairs laundry provide plenty of space for the whole family. Thoughtfully designed with quality craftsmanship & backed by the Alberta New Home Warranty Program for peace of mind. *Home is under construction, photos are not of actual home, some finishings may vary, some photos virtually staged.* (id:39198)
Home price
$579,500
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
$5,578/month
The payment includes
Rent
$4,548
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,030
Each month, $1,030 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
$670,844
Cumulative Down Payment
$42,084
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,084
Buyback Price
$608,475
Cumulative Down Payment
$17,361
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,361
Buyback Price
$638,899
Cumulative Down Payment
$29,723
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,723
Buyback Price
$670,844
Cumulative Down Payment
$42,084
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,084
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.