Stony Plain, Alberta T7Z0E8
3 beds• 3 baths• 1,589 sqft
Where Italian Craftsmanship Meets Modern Living! Built by Award Winning Italian Builder, Montorio Homes. This Floorplan is Ideal for Families Looking for Functional Living Spaces, situated on a Regular sized lot (no zero lot line). This Brand New Home Offers an Open Concept Main Floor, A Large Primary Suite with 4-pc bathroom and WIC, 2 More Generous Sized Bedrooms and Bonus Room with Upstairs Laundry for Convenience. Upgrades Include 9' Ceilings, Luxury Vinyl Plank, Quartz Countertops in the Kitchen and Bathrooms, Tiled Backsplash, Soft Close Cabinets, Railing with Metal Spindles, Electric Fireplace in the Great Room, and SEPERATE ENTREANCE to Basement for Future Rental Income Potential and Double Attached Garage (Tandem). Garage is set up with Hot and Cold Taps, Floor Drain and Roughed In for Future Heater. The Vibrant Community of Silverstone Invites You To Discover Its Green Spaces, Recreation Centres, Golf Courses, Schools, Shopping, and Restaurants. With Quick Access to Highway 16A. (id:39198)
Home price
$459,900
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
$4,247/month
The payment includes
Rent
$3,601
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$646
Each month, $646 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
$532,392
Cumulative Down Payment
$28,239
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,239
Buyback Price
$482,895
Cumulative Down Payment
$12,746
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,746
Buyback Price
$507,040
Cumulative Down Payment
$20,493
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,493
Buyback Price
$532,392
Cumulative Down Payment
$28,239
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,239
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.