30 Farmstead Av
St. Albert, Alberta T8N1V8
3 beds• 3 baths• 1,135 sqft
Description
This well maintained bungalow is nestled on a street in Forest Lawn, walking distance to schools and rec centre! The living room boasts hardwood flooring and a large bay window. The bright south facing kitchen has numerous cabinets and tile flooring that spills over into the dining area. Down the hall is the master bedroom with a half bath ensuite. Completing this level are two more bedrooms and a full bathroom. Downstairs you will find a family room with pot lighting and anchored by a wood fireplace and bar area. There are two additional bedrooms downstairs and a renovated bathroom with shower. Upgrades over the years include high efficient furnace and some vinyl windows. Shingles approximately 15 years old. The sunny south facing backyard has numerous perrenials, storage shed, and stone patio. Oversized double detached garage has space for all your toys. Exceptional value for a 5 bedroom home in Forest Lawn! (id:39198)
Facts & Features
● Building Type
House
● Year built
1972
● Square Footage
1,135 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Forest Lawn (St. Albert)
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: Royal Lepage Summit Realty
Home price
$450,000
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
$4,137/month
The payment includes
Rent
$3,523
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$614
Each month, $614 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
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
Buyback Price
$472,500
Cumulative Down Payment
$12,364
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,364
Buyback Price
$496,125
Cumulative Down Payment
$19,729
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,729
Buyback Price
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
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
$4,137/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
Recently Listed Homes in St. Albert, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.