Spruce Grove, Alberta T7X1N8
3+2 beds 3 baths 1,224 sqft
Welcome to this well-maintained, move-in-ready 5-bedroom bi-level in the desirable Woodhaven community of Spruce Grove! Lovingly cared for by the same owners for over 40 years, this home has seen many updates over the years and offers plenty of space for the whole family. The bright living room is filled with natural light, while the functional layout features 2.5 bathrooms and comfortable living spaces throughout. The fully finished basement offers a large family room with a cozy gas fireplace, perfect for relaxing or entertaining. With five bedrooms, there is plenty of room for family, guests, or a home office. The double heated garage adds year-round convenience. Ideally located close to parks, schools, playgrounds, and everyday amenities, this is a fantastic opportunity to own a lovingly maintained home in a great family-friendly neighbourhood! (id:39198)
Home price
$420,000
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
$3,822/month
The payment includes
Rent
$3,285
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$536
Each month, $536 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
$486,203
Cumulative Down Payment
$24,310
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,310
Buyback Price
$441,000
Cumulative Down Payment
$11,437
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,437
Buyback Price
$463,050
Cumulative Down Payment
$17,873
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,873
Buyback Price
$486,203
Cumulative Down Payment
$24,310
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,310
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.