14 Vernon
Spruce Grove, Alberta T7X0B5
3+2 beds 4 baths 1,962 sqft
Description
Welcome to this fully finished 2-storey home offering plenty of room for the whole family! Step inside to spacious, welcoming entrance that leads to a bright & inviting main floor featuring rich hardwood flooring, elegant wood shutters & cozy living room with electric fireplace. Kitchen offers granite countertops, ample cabinetry & functional layout perfect for everyday living & entertaining. Convenient main floor laundry & 2-piece powder room complete this level. Upstairs, you'll find 3 generous bedrooms & spacious bonus room with gas fireplace, creating the perfect space to relax & unwind. Fully finished basement adds even more versatility with 2 additional bedrooms, full bathroom & large study, ideal for working from home or accommodating a growing family. Outside, enjoy a large deck overlooking the fully fenced backyard, complete with storage shed. Ideally located within walking distance to schools, playground & offering quick access to major commutes! (id:39198)
Facts & Features
● Building Type
House
● Year built
2008
● Square Footage
1,962 sqft
● Stories
2
● Bedrooms
3+2
● Bathrooms
4
● Parking
--
● Neighbourhood
Spruce Village
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$549,900
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
$5,249/month
The payment includes
Rent
$4,314
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$935
Each month, $935 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
$636,578
Cumulative Down Payment
$38,658
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,658
Buyback Price
$577,395
Cumulative Down Payment
$16,219
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,219
Buyback Price
$606,265
Cumulative Down Payment
$27,439
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,439
Buyback Price
$636,578
Cumulative Down Payment
$38,658
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,658
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
$5,249/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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