4611 52 Av
Stony Plain, Alberta T7Z1E7
2+1 beds• 2 baths• 743 sqft
Description
Great opportunity for an investor or first-time home buyer! This 2+1 bedroom, 2 bathroom home offers plenty of living space with two family rooms and huge windows on the basement level providing lots of natural light. Some windows have been upgraded, along with the furnace and hot water tank. Outside, enjoy a fenced yard with convenient rear parking. Ideally located within walking distance to downtown shopping, schools and amenities. Currently tenant occupied, and the tenants would like to stay—an added bonus for investors looking for an income property with existing tenants in place. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1978
● Square Footage
743 sqft
● Stories
--
● Bedrooms
2+1
● Bathrooms
2
● Parking
--
● Neighbourhood
Forest Green_STPL
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
51 days
Home price
$269,900
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
$2,447/month
The payment includes
Rent
$2,152
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$295
Each month, $295 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
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
Buyback Price
$283,395
Cumulative Down Payment
$8,541
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,541
Buyback Price
$297,565
Cumulative Down Payment
$12,081
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,081
Buyback Price
$312,443
Cumulative Down Payment
$15,622
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,622
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
$2,447/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
Recently Listed Homes in Stony Plain, AB
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