St. Albert, Alberta T8N8G1
3 beds• 3 baths• 1,807 sqft
Welcome to the Aquila Model by Coventry Homes! This stunning home features a SEPARATE ENTRANCE & 9' CEILINGS ON THE MAIN FLOOR & BASEMENT! The gorgeous kitchen offers quartz counters, stainless steel appliances, tile backsplash & walk-through pantry, flowing into the spacious Great Room & dining area, perfect for entertaining or family gatherings. A convenient 2pc bath completes the main floor. Upstairs, the primary suite is a relaxing retreat with a walk-in closet & luxurious 5pc ensuite featuring dual sinks, freestanding soaker tub & stand-up shower. Two additional bedrooms, full bath, bonus room & upstairs laundry provide comfort & convenience for the whole family. Built with quality craftsmanship & backed by the Alberta New Home Warranty Program for peace of mind. *Home is under construction, photos are not of actual home, some finishings may vary, some photos virtually staged.* (id:39198)
Home price
$599,500
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
$5,801/month
The payment includes
Rent
$4,706
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,094
Each month, $1,094 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
$693,996
Cumulative Down Payment
$44,400
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,400
Buyback Price
$629,475
Cumulative Down Payment
$18,133
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,133
Buyback Price
$660,949
Cumulative Down Payment
$31,266
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,266
Buyback Price
$693,996
Cumulative Down Payment
$44,400
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,400
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.