26 Louisbourg Pl
St. Albert, Alberta T8N4L5
4+1 beds• 3 baths• 1,945 sqft
Description
Are you looking for a multi-generational home or investment opportunity? This one is waiting for you! Located in Lacombe Park, this hillside walkout bungalow is legally suited and has ample parking, including separate driveways. Sitting on a large treed corner lot, the upper suite is over 1900 sq ft w/4 bedrooms & 2 baths, a living room, formal dining, & a large kitchen w/ ample counter space & storage. Each suite has its own municipal address, entrance, driveway & laundry. Downstairs, in the suite, there is over 1,400 sq ft. It has one bedroom, one bath, a big kitchen and living room, lots of storage, and it walks out to the yard and private parking pad. The attached garage is triple sized at 25' x 29', w/gas & power in it. Put your own personal touch on this home & make it a long-term investment for years to come. Located close to transit, schools, and shopping, this property has everything you need to live in and enjoy it, or to make it an attractive, marketable addition to your investment portfolio. (id:39198)
Facts & Features
● Building Type
House
● Year built
1981
● Square Footage
1,945 sqft
● Stories
1
● Bedrooms
4+1
● Bathrooms
3
● Parking
6
● Neighbourhood
Lacombe Park
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Walk out, Suite
● Parking Type
--
● Time on REALTOR.ca
114 days
Home price
$499,000
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
$4,682/month
The payment includes
Rent
$3,911
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$771
Each month, $771 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
$577,655
Cumulative Down Payment
$32,765
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,765
Buyback Price
$523,950
Cumulative Down Payment
$14,255
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,255
Buyback Price
$550,148
Cumulative Down Payment
$23,510
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,510
Buyback Price
$577,655
Cumulative Down Payment
$32,765
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,765
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
$4,682/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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