52 Belmont Dr
St. Albert, Alberta T8N0C7
3 beds• 2 baths• 1,060 sqft
Description
Sitting on a large lot in mature Braeside, discover this charming raised bungalow. This unique home has a lower level single attached garage w/ an IN-LAW STUDIO. The studio includes a partial kitchen, living room, bedroom & a 3pce bath. A large laundry room is shared for both levels & completes the basement. The main floor has 3 BEDROOMS, a 4pce bath, a dining room, kitchen & a living room w/ a large window overlooking the front COVERED PATIO DECK. The back yard is tiered into different levels, includes cement patio areas, a built in planter & there is room to build a future garage/shop. The lot size is 50’ x 149.9’ which could accommodate 2 homes if granted a permit to split into 2 lots. Upgrades include shingles (2011), hot water tank (2022), Furnace (2006), main floor windows (2008), kitchen flooring (2022) & basement bathroom renovation in 2022. A single attached garage completes this home. Walking distance to downtown St. Albert, this centrally located home has many possibilities! (id:39198)
Facts & Features
● Building Type
House
● Year built
1959
● Square Footage
1,060 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
--
● Neighbourhood
Braeside
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
5 days
Brokerage Name: Exp Realty
Home price
$409,900
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
$3,726/month
The payment includes
Rent
$3,205
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$520
Each month, $520 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
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
Buyback Price
$430,395
Cumulative Down Payment
$11,242
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,242
Buyback Price
$451,915
Cumulative Down Payment
$17,484
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,484
Buyback Price
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
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
$3,726/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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