2037 Westerra Lo
Stony Plain, Alberta T7Z0H8
3 beds• 3 baths• 1,500 sqft
Description
Affordable living in Stony Plain! This well situated Duplex is perfect for a growing family. The first thing you notice is the large and welcoming entryway. The main floor has an open-concept living plan with a modern grey kitchen, white quartz countertops, and a spacious walk-in pantry. A large deck right off the kitchen, is perfect for BBQ's and family time. Upstairs, there is a centrally located bonus room and an extra bonus....UPPER laundry! How convenient is that? The Primary is KING SIZED with a walk-in closet and a 4-piece ensuite. Plus, the two other bedrooms are also spacious enough for queen beds, dressers, and even desks! In the basement, it is ready for your vision. You can build your own space, or you can develop a basement suite and create an opportunity for yourself. Plus, enjoy a DOUBLE garage and driveway for lots of parking. The location is wonderful too, as Stony Plain is loved for its walking trails, summer events, and the historic downtown with all the shops. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2021
● Square Footage
1,500 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Lake Westerra
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
26 days
Brokerage Name: One Percent Realty
Home price
$409,000
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
$3,717/month
The payment includes
Rent
$3,198
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$519
Each month, $519 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
$473,469
Cumulative Down Payment
$23,673
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,673
Buyback Price
$429,450
Cumulative Down Payment
$11,224
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,224
Buyback Price
$450,923
Cumulative Down Payment
$17,449
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,449
Buyback Price
$473,469
Cumulative Down Payment
$23,673
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,673
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
$3,717/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
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.