53 Tonewood Bv
Spruce Grove, Alberta T7X0W4
3 beds 3 baths 1,366 sqft
Description
Welcome to this 2-storey home in the community of Tonewood in Spruce Grove! Offering 1,365.95 sq. ft. of above-grade living space, this home features 3 bedrooms and 2.5 bathrooms. The main floor boasts a spacious open-concept layout, seamlessly connecting the living room, dining area and kitchen, creating an inviting space for everyday living and entertaining. A convenient 2-piece bathroom completes the main level. Upstairs, you'll find the primary bedroom with a 4-piece ensuite, two additional bedrooms and a full 4-piece bathroom. The partially finished basement offers additional living space with a family room. Enjoy the fully fenced and landscaped backyard, complete with a patio and back lane access. A detached double garage provides additional parking and storage. Conveniently located near schools, playgrounds, shopping and everyday amenities, this home offers comfort and convenience. (id:39198)
Facts & Features
● Building Type
Row / Townhouse
● Year built
2016
● Square Footage
1,366 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Tonewood
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$394,900
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
$3,583/month
The payment includes
Rent
$3,087
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$496
Each month, $496 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
$457,146
Cumulative Down Payment
$22,857
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,857
Buyback Price
$414,645
Cumulative Down Payment
$10,952
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,952
Buyback Price
$435,377
Cumulative Down Payment
$16,905
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,905
Buyback Price
$457,146
Cumulative Down Payment
$22,857
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,857
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
$3,583/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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