St. Albert, Alberta T8N1R5
3+2 beds• 3 baths• 1,297 sqft
Beautifully updated and move-in ready, this 5-bedroom bi-level on a quiet Forest Lawn crescent offers over 2,300 sq ft of living space. The bright main floor features new vinyl plank flooring, pot lights and a sun-filled living room with a striking stone fireplace. The stunning kitchen showcases navy and white shaker cabinetry, quartz counters, stainless appliances and a large island. Three bedrooms up include a primary with 2-piece ensuite, plus a spa-inspired 3-piece bath with walk-in shower. The fully developed lower level has its own kitchen, a rec room with gas fireplace, two more bedrooms, a 3-piece bath, a large laundry room and French doors to a covered patio, ideal for extended family. Outside you will find a fenced yard with mature trees and a double detached garage. Major updates include roof and soffits (2018), all new windows (2019), plus a new furnace and hot water tank. Minutes to downtown St. Albert, schools, shopping and the Red Willow trail system. (id:39198)
Home price
$599,900
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
$5,805/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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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next steps toward homeownership.