114 Royal Street


St. Albert, Alberta T8N7X4

3 beds 4 baths 1,645 sqft

Description

The Baci model welcomes you in with a spacious foyer and mudroom, leading into an open-concept kitchen, nook, and living room with soaring ceilings and a striking open-to-above design. A built-in pantry and central island enhance the kitchens functionality, perfect for everyday living and entertaining. Upstairs features two secondary bedrooms, a laundry closet with sink, and a serene primary suite with double sinks, tiled shower, and a walk-in closet. The home also includes a LEGAL BASEMENT SUITE with one bedroom, a living room, 3 piece bathroom, and full kitchen. Landscaping and appliance credit included. (id:39198)

Facts & Features

● Building Type

Duplex

● Year built

2025

● Square Footage

1,645 sqft

● Stories

2

● Bedrooms

3

● Bathrooms

4

● Parking

--

● Neighbourhood

Riverside (St. Albert)

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full, Suite

● Parking Type

--

● Time on REALTOR.ca

1 day

Brokerage Name: Lux Real Estate Inc

Powered by: REALTOR.ca

Home price

$594,900

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$5,750/month

The payment includes

Rent

$4,670

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$1,080

Each month, $1,080 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:

1 year2 years3 years
Year 3

Buyback Price

$688,671

Cumulative Down Payment

$43,867

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$38,867

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

$5,750/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.