16 Nectar Wd
St. Albert, Alberta T8N8G1
3 beds 3 baths 1,762 sqft
Description
Designed for the moments that matter most, this beautifully crafted Coventry Homes half duplex blends style, comfort & thoughtful design, with a SEPARATE ENTRANCE & 9’ CEILINGS on both the main floor & basement. The bright, open main floor is made for bringing people together, featuring a gorgeous kitchen with quartz countertops, S/S appliances, tile backsplash, beautiful cabinetry, pantry & a spacious dining area flowing into the inviting living room. Upstairs, retreat to the primary suite with WIC & ensuite featuring dual sinks & stand-up shower. A bonus room, 2 more bedrooms, full bath & laundry complete the upper level. Double attached garage & front landscaping included. Backed by the Alberta New Home Warranty Program. Home under construction; photos are not of actual home, some finishings may vary & some photos virtually staged. Home does not come with a fireplace (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2026
● Square Footage
1,762 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
--
● Neighbourhood
North Ridge
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
78 days
Home price
$489,000
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
$4,571/month
The payment includes
Rent
$3,832
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$739
Each month, $739 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
$566,079
Cumulative Down Payment
$31,608
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,608
Buyback Price
$513,450
Cumulative Down Payment
$13,869
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,869
Buyback Price
$539,123
Cumulative Down Payment
$22,739
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,739
Buyback Price
$566,079
Cumulative Down Payment
$31,608
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,608
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
$4,571/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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