4805 55 Av
Stony Plain, Alberta T1Z1B5
3+2 beds• 2 baths• 1,131 sqft
Description
5 Bedroom * 2 Bath * Bi-Level * Large Family Room * Oversized Attached Single Garage * RV Parking * Rear Lane * Large Yard * Extensive Renovations Include…2026 Shingles*Eaves troughs & Downspouts *Fascia *Furnace* Luxury Vinyl Plank Laminate throughout *Interior Lighting *Interior Paint *Interior Doors *Electrical Panel (In Process) *All New Main Bath *Exterior Paint *Exterior Doors *Exterior Railings2024 *On Demand Hot Water Heater *Lower Level Bath 2020 *Kitchen Cabinets *Countertops *Black SilGranit Sink *Backsplash *Electric Stove 2015 *Windows 2014 *Central A/C Near parks, trails, schools, outdoor pool, Pickleball courts, downtown business centre, new recreation facility, curling rink, Arena, Library… Perfect place to live, raise a family!! (id:39198)
Facts & Features
● Building Type
House
● Year built
1966
● Square Footage
1,131 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
2
● Parking
--
● Neighbourhood
Old Town_STPL
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$496,500
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
$4,654/month
The payment includes
Rent
$3,891
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$763
Each month, $763 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
$574,761
Cumulative Down Payment
$32,476
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,476
Buyback Price
$521,325
Cumulative Down Payment
$14,159
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,159
Buyback Price
$547,391
Cumulative Down Payment
$23,317
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,317
Buyback Price
$574,761
Cumulative Down Payment
$32,476
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,476
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
$4,654/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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Have Questions About Rent-to-Own? Let's Talk.
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