29 Sunset Bv
St. Albert, Alberta T8N0N6
3 beds• 2 baths• 984 sqft
Description
INCOME PROPERTY WITH A LEGAL BASEMENT SUITE! Beautifully renovated bungalow in the heart of St. Albert’s desirable Sturgeon Heights, offering the perfect blend of modern living and income potential. Nearly every detail has been updated from the studs up, including plumbing, electrical, drywall, bathrooms, appliances, furnaces, and brand-new roofs on both the home and garage, all fully permitted and inspected. The main floor features a bright living space, stylish kitchen, and comfortable bedrooms designed for everyday living. The LEGAL basement suite has a private entrance, separate furnace, in-suite laundry, large egress windows, a spacious living area, and two bedrooms—ideal for tenants or extended family. The oversized heated double garage is insulated and powered with 150 AMP service, perfect for a workshop or EV charging. Enjoy a large private yard and a prime location close to schools, parks, transit, shopping, and cafes. A smart home that can help offset your mortgage with rental income. (id:39198)
Facts & Features
● Building Type
House
● Year built
1959
● Square Footage
984 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Sturgeon Heights
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
14 days
Brokerage Name:
Home price
$549,000
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
$5,239/month
The payment includes
Rent
$4,307
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$932
Each month, $932 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
$635,536
Cumulative Down Payment
$38,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,554
Buyback Price
$576,450
Cumulative Down Payment
$16,185
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,185
Buyback Price
$605,273
Cumulative Down Payment
$27,369
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,369
Buyback Price
$635,536
Cumulative Down Payment
$38,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,554
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
$5,239/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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Have Questions About Rent-to-Own? Let's Talk.
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