Rent-To-Own Bungalow In Sylvan Lake Alberta
Status: Available
Rent-To-Own this comfortable 5 bedroom bungalow in Sylvan Lake. Rare park-like setting on huge 10,000 sq ft pie shaped lot backing onto green space and paved walk paths to parks and beach area
Location/Neighborhood: Sylvan Lake/ Palo
Type/Size: Bungalow/ 1,162 sq ft
Bed/Bath: 5 bedrooms/ 3 bathrooms
Parking: Attached double heated garage and RV parking
Today's Price: $339,000
Base Rent: $1700
Minimum Down Payment: $20,000
Vendor will Finance: Up to 2 years
For Sale By: Realtor
Rare park-like setting on huge 10,000 sq ft pie shaped lot backing onto green space and paved walk paths to parks and beach area. RV parking. Flexible designed basement can be a suite with separate entrance or family room with 2 bedrooms and wet bar. Big brick and stone wood burning fireplace in living room is a show piece. Double garage is insulated and heated with efficient natural gas radiant tube. This is a very versatile property that could be work as a single family home, duplex revenue property or recreation investment property. Plumbed for stackable washer dry on main floor in kitchen closet/pantry. Comes with or without all furnishings including, 2 stoves, 2 fridges, 1 dishwasher, 2 microwaves, 1 washer and dryer down, Master bedroom suite, leather 3 pce living room set, dining room table c/w 6 chairs. Note new shingles July/07.
Example deal: $20,000 down plus $175 rental premium for 12 months (total with rent = $1825/mo) gives you ~$22,000 (or ~6.5%) towards your purchase price at the end of your lease, a perfect down payment plus closing costs for mortgage purposes. This is an example - other terms available.
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1. Note: Owner requires you to have reliable income and at least 3% down payment or $5000, whichever is greater*, to be considered for this property (*unless otherwise shown).
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Note: if you are already on our pre-screened buyers' list, you are invited to email us with the MLS# of other properties you like (visit www.mls.ca) and we will contact the Realtor on your behalf to see if the vendor will consider providing short-term financing such as a rent-to-own.