7 Meridian Lo
Stony Plain, Alberta T7Z0B6
3 beds• 4 baths• 1,319 sqft
Description
Welcome to this beautifully refreshed property offering an outstanding location with easy access to commuter roads and walking distance to all local amenities in the quaint community of Stony Plain. Featuring just under 2,000 sq. ft. of total living space, this home features 3 bedrooms and 4 bathrooms. The upper level consists of the primary bedroom which includes a 4-pce ensuite and walk-in closet. The main floor hosts the spacious kitchen/dining room area adjacent to the living room with gas fireplace. The dining room opens via patio doors to the deck and fully fenced yard. Downstairs, the fully finished basement is home to a large recreational room—ideal for extra living space or a potential 4th bedroom—along with a 4-pce bath. Completing the property is a single attached 20'x10' garage. Outstanding updates include new paint (2026), new flooring in the basement and upper level (2026), new shingles (2026), and hot water tank (2019). This property is move-in ready and can be a quick possession if needed (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2007
● Square Footage
1,319 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
3
● Neighbourhood
Meridian Cove
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$350,000
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
$3,155/month
The payment includes
Rent
$2,731
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 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
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
Buyback Price
$367,500
Cumulative Down Payment
$10,086
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,086
Buyback Price
$385,875
Cumulative Down Payment
$15,172
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,172
Buyback Price
$405,169
Cumulative Down Payment
$20,258
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,258
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
$3,155/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
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