106 Royal Street
St. Albert, Alberta T8N7X4
3 beds• 3 baths• 1,737 sqft
Description
Discover the Mica – a stylish, EnerGuide-rated home designed for modern living. The open-concept main floor seamlessly blends the kitchen, nook, and living room into one spacious area, perfect for entertaining. A convenient pantry offers extra storage, and the 18x24 garage includes a floor drain. Upstairs features a versatile bonus room, two secondary bedrooms, a main bath, and a spacious primary suite with a tiled shower, dual sinks, and walk-in closet. The upper-level laundry room includes a sink for added convenience. The home includes the following features: front and rear landscaping, fencing, and screw piles for future deck. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2025
● Square Footage
1,737 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
Riverside (St. Albert)
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
26 days
Brokerage Name: Lux Real Estate Inc
Home price
$539,900
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
$5,137/month
The payment includes
Rent
$4,235
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$903
Each month, $903 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
$625,002
Cumulative Down Payment
$37,500
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$32,500
Buyback Price
$566,895
Cumulative Down Payment
$15,833
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,833
Buyback Price
$595,240
Cumulative Down Payment
$26,667
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$21,667
Buyback Price
$625,002
Cumulative Down Payment
$37,500
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$32,500
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
$5,137/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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