25 Mount Royal Dr
St. Albert, Alberta T8N1J3
2 beds• 2 baths• 941 sqft
Description
Excellent for first time buyers or looking to downsize! Beautifully updated bungalow on a desirable street in Mission, backing onto a park and school with fantastic views! Fabulous yard with large deck, firepit area surrounding by trees and shrubs. Just steps to the Sturgeon River trail system and multiple walking paths, offering an incredible, walkable lifestyle only minutes to downtown St. Albert, shops, restaurants, and the famous outdoor Farmers’ Market. This renovated home features an open-concept layout with hardwood flooring throughout, gas stone facing fireplace, 2 bedrooms and a 3-piece bath on the main floor. The fully finished basement offers a spacious family room or potential 3rd bedroom, plus a 4-piece bath with steam shower. The private backyard is an entertainer’s dream with a large deck, firepit area, and professional landscaping surrounded by mature trees. Oversized heated garage with plenty of windows overlooking the park. A truly spectacular home in an unbeatable location! (id:39198)
Facts & Features
● Building Type
House
● Year built
1958
● Square Footage
941 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
--
● Neighbourhood
Mission (St. Albert)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
6 days
Brokerage Name: RE/MAX Excellence
Home price
$550,000
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
$5,250/month
The payment includes
Rent
$4,315
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
$636,694
Cumulative Down Payment
$38,669
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,669
Buyback Price
$577,500
Cumulative Down Payment
$16,223
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,223
Buyback Price
$606,375
Cumulative Down Payment
$27,446
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$22,446
Buyback Price
$636,694
Cumulative Down Payment
$38,669
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$33,669
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
$5,250/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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