Spruce Grove, Alberta T7X0G8
3 beds 3 baths 2,039 sqft
OVER 2000 SQFT, STUNNING OTIS 24 WITH 3 BEDROOMS, 2.5 BATHROOMS, 9' MAIN FLOOR CEILINGS, OPEN-TO-BELOW DESIGN, SEPARATE SIDE ENTRANCE & $5,000 BRICK CREDIT! Welcome to the Otis 24 by Akash Homes, offering a thoughtfully designed layout perfect for growing families in Legacy Ridge, Spruce Grove! The bright, open-concept main floor features soaring ceilings with a beautiful open-to-below design, large windows that fill the space with natural light, and quartz countertops throughout. Upstairs, discover 3 spacious bedrooms, including a primary retreat with a generous walk-in closet and private ensuite, plus the convenience of second-floor laundry. The SEPARATE SIDE ENTRANCE offers added flexibility and future potential. Enjoy the charm of Legacy Ridge with nearby parks, walking trails, schools, shopping, and easy access to major routes. Complete with a $5,000 BRICK CREDIT! PICTURES ARE OF SIMILAR HOME; ACTUAL HOME,PLANS, FIXTURES, AND FINISHES MAY VARY AND ARE SUBJECT TO AVAILABILITY/CHANGES WITHOUT NOTICE. (id:39198)
Home price
$529,900
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
$5,026/month
The payment includes
Rent
$4,155
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$871
Each month, $871 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
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
Buyback Price
$556,395
Cumulative Down Payment
$15,448
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,448
Buyback Price
$584,215
Cumulative Down Payment
$25,895
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,895
Buyback Price
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
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.