St. Albert, Alberta T8N6H3
2 beds• 3 baths• 1,226 sqft
Renovated 3 bedroom bilevel on quiet cul de sac with south facing backyard. Large foyer with window and access to garage. Open plan with vaulted ceiling for living room, kitchen with large island, and dining area. Main floor laundry. Large primary bedroom with 3 pce ensuite, second bedroom and 4 pce bath complete the main floor. Lower level with fireplace, family room, large rec room, 3rd bedroom, and another bathroom, storage (and room for 4th bedroom if desired. Two level deck, with gazebo, easy maintenance landscaping. Double attached garage. New furnace, and air conditioning in 2022. Hot water tank in 2024. Kitchen and appliances in 2019. Luxury Vinyl plank flooring on main level Great location close to amenities, schools, public transportation. (id:39198)
● Building Type
House
● Year built
1993
● Square Footage
1,226 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
3
● Parking
4
● Neighbourhood
Deer Ridge (St. Albert)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
3 days
Home price
$509,900
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
$4,803/month
The payment includes
Rent
$3,997
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$806
Each month, $806 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
$590,273
Cumulative Down Payment
$34,027
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,027
Buyback Price
$535,395
Cumulative Down Payment
$14,676
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,676
Buyback Price
$562,165
Cumulative Down Payment
$24,352
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,352
Buyback Price
$590,273
Cumulative Down Payment
$34,027
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,027
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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