7 Deerfield
Spruce Grove, Alberta T7X4B1
2 beds• 3 baths• 1,477 sqft
Description
Exceptional quality and timeless design define this beautifully maintained bungalow in the desirable community of Deer Park. From the long, extra-wide driveway to the manicured backyard, pride of ownership is evident throughout. Vaulted ceilings and expansive windows create a bright, airy feel, while hardwood flooring and central A/C add everyday comfort. The thoughtfully designed main floor features a spacious formal dining room, convenient laundry, and a stunning kitchen complete with granite countertops, a large island with seating for 4-5, gas cooktop, and built-in wall oven. The luxurious primary retreat offers a two-way fireplace and a spa-inspired ensuite with a corner soaker tub and separate shower. A second bedroom and full bath complete the main level. Downstairs you’ll find an expansive family room, a 3-piece bath, den that could be converted to a bedroom by adding an egress window, and an impressive storage room. An insulated attached double garage completes this exceptional home. (id:39198)
Facts & Features
● Building Type
House
● Year built
2000
● Square Footage
1,477 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
3
● Parking
--
● Neighbourhood
Deer Park_SPGR
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$589,000
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
$5,684/month
The payment includes
Rent
$4,623
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,061
Each month, $1,061 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
$681,841
Cumulative Down Payment
$43,184
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,184
Buyback Price
$618,450
Cumulative Down Payment
$17,728
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,728
Buyback Price
$649,373
Cumulative Down Payment
$30,456
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,456
Buyback Price
$681,841
Cumulative Down Payment
$43,184
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$38,184
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
$5,684/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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