Spruce Grove, Alberta T7X3J1
3 beds 2 baths 1,221 sqft
A fantastic opportunity to own an affordable starter home on titled land! This bright, open-concept home features vaulted ceilings, large windows and a spacious kitchen perfect for entertaining. The inviting living room offers plenty of room to gather, while the generous primary bedroom boasts a walk-in closet and ensuite with large tub. Two additional bedrooms and a full bathroom are thoughtfully situated at the opposite end of the home. Enjoy a fully fenced backyard with fire pit and large storage shed. Additional highlights include a HEATED detached single garage, newer concrete driveway and RV parking! Located in a family-friendly community just minutes from schools, shopping, golf and playgrounds. (id:39198)
Home price
$275,000
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
$2,497/month
The payment includes
Rent
$2,194
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$303
Each month, $303 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
$318,347
Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
Buyback Price
$288,750
Cumulative Down Payment
$8,639
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,639
Buyback Price
$303,188
Cumulative Down Payment
$12,278
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,278
Buyback Price
$318,347
Cumulative Down Payment
$15,917
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,917
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.