48 Meridian Lo
Stony Plain, Alberta T7Z0B8
3 beds 4 baths 1,337 sqft
Description
This inviting 3 bedroom, 2.5 bathroom half duplex in Stony Plain offers the ideal blend of comfort, space and convenience and backs onto a green space! The bright, open-concept main floor features a spacious living room with a cozy fireplace and beautiful bay window overlooking the backyard. The kitchen boasts a large island with seating, walk-in pantry & stainless steel appliances, flowing seamlessly into the dining area with patio doors leading to the deck and fully fenced yard, perfect for summer BBQs! Upstairs, you'll find 3 bedrooms, including a generous primary suite with a walk-in closet and private ensuite. The fully finished basement offers additional living space with a versatile bonus room and a 2 piece bathroom, ideal for relaxing, hobbies or entertaining. A single attached garage, NEW furnace (2026) and NEW stove (2026) add to the appeal! Conveniently located near shopping and recreation, with quick highway access for an easy Edmonton commute. A fantastic place to call home! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2007
● Square Footage
1,337 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
--
● 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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