St. Albert, Alberta T8N5X4
4 beds• 3 baths• 2,024 sqft
Bright, sunny and spacious 4 level split in Erin Ridge that is well-kept. With 2024 sq. ft. on the top three levels plus a finished basement, there is plenty of space for your growing family. Main floor features large living and dining rooms with a vaulted ceiling and spacious kitchen equipped with stainless steel appliances and large eating area. Three good sized bedrooms upstairs including a large primary bedroom with walk-in closet and 4 pce ensuite with walk-in shower and jetted tub. Newer hardwood flooring on the main and top floors. The 3rd level has a huge family room with a gas fireplace that opens to the kitchen, a 3rd full bath, a 4th bedroom (currently used as a hair salon), a laundry room and access to the heated garage. The basement has a 5th bedroom, big recreation room, and crawl space that is amazing for storage! New interior doors, trim and baseboards on the top 3 levels! Central A/C. Enjoy the SW facing backyard this summer from the 2-tiered, maintenance free deck and large patio area! (id:39198)
● Building Type
House
● Year built
1991
● Square Footage
2,024 sqft
● Stories
--
● Bedrooms
4
● Bathrooms
3
● Parking
4
● Neighbourhood
Erin Ridge
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
6 days
Home price
$529,900
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
$5,026/month
The payment includes
Rent
$4,155
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$871
Each month, $871 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
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
Buyback Price
$556,395
Cumulative Down Payment
$15,448
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,448
Buyback Price
$584,215
Cumulative Down Payment
$25,895
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,895
Buyback Price
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
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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