St. Albert, Alberta T8N1Y7
3+1 beds 3 baths 1,203 sqft
LOCATION, LIFESTYLE & SPACE in the heart of FOREST LAWN! Tucked into a well-established, family-friendly neighbourhood, this 1,200 sq ft bungalow offers the perfect setting to put down roots and make lasting memories. With beautiful ravine trails just steps away and schools, parks, the indoor pool and everyday amenities within walking distance, it’s a location the whole family will appreciate! Inside, the main floor features a spacious living room, an upgraded kitchen overlooking the backyard, 3 bedrooms including a primary suite with a 2-piece ensuite, and a 4-piece main bath. The FULLY FINISHED BASEMENT offers even more room to enjoy, with a generous rec room for family gatherings, a 4th bedroom and a 3-piece bathroom. Offering 4 bedrooms, 3 bathrooms and plenty of space to grow, this home is an exciting opportunity to add your personal touch and make it truly your own. A wonderful chance to enjoy the space, lifestyle and charm of an established St. Albert community! (id:39198)
Home price
$425,000
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
$3,869/month
The payment includes
Rent
$3,325
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$544
Each month, $544 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
$491,991
Cumulative Down Payment
$24,600
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,600
Buyback Price
$446,250
Cumulative Down Payment
$11,533
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,533
Buyback Price
$468,563
Cumulative Down Payment
$18,066
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,066
Buyback Price
$491,991
Cumulative Down Payment
$24,600
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,600
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.