74 Royal St
St. Albert, Alberta T8N7X4
3 beds• 3 baths• 1,724 sqft
Description
Stunning FULLY LANDSCAPED two-story half duplex with double attached garage looking onto Morgan Park, offering privacy and serene green space views with NO REAR NEIGHBORS. Boasting 1,724 sq ft, the open-concept main floor flows effortlessly through the living, dining, and chef-inspired kitchen, complete with custom cabinetry, stainless steel appliances, corner pantry, and quartz countertops. Upstairs, the spacious primary retreat features a walk-in closet and spa-like ensuite with tiled shower. Down the hall, two additional bedrooms, a full bath, and a versatile BONUS ROOM provide flexible living for family, guests, or work-from-home needs, while convenient upper-level laundry and a main floor powder room enhance everyday ease. Central AIR CONDITIONING ensures year-round comfort. Enjoy the coveted Riverside lifestyle with scenic trails, park access, and a connected, nature-rich community right outside your door. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2020
● Square Footage
1,724 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Riverside (St. Albert)
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
5 days
Brokerage Name: RE/MAX Professionals
Home price
$524,900
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
$4,970/month
The payment includes
Rent
$4,116
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$855
Each month, $855 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
$607,637
Cumulative Down Payment
$35,764
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,764
Buyback Price
$551,145
Cumulative Down Payment
$15,255
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,255
Buyback Price
$578,702
Cumulative Down Payment
$25,509
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,509
Buyback Price
$607,637
Cumulative Down Payment
$35,764
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,764
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
$4,970/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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