St. Albert, Alberta T8N6M1
3 beds• 3 baths• 1,095 sqft
Adorable and recently renovated 1,094 sq ft bungalow in the family friendly neighbourhood of Deer Ridge. Offering 5 bedrooms and 3 bathrooms—perfect for a growing family! The main floor features vinyl plank flooring throughout, a cozy living room, and an updated kitchen with newer appliances and a charming built-in banquette, plus access to the back deck. Three bedrooms upstairs include a primary with 3-pc ensuite, plus a 4-pc main bath. The finished basement adds 2 more bedrooms, a large family room, 3-pc bath, laundry, and ample storage. Solar panels included for energy efficiency and savings. Ideally located close to schools, parks, and everyday amenities! (id:39198)
● Building Type
House
● Year built
1999
● Square Footage
1,095 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
--
● 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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