Rent-to-Own Fantastic Luxury Condo in Sylvan Lake, AB
Status: Rented
Rent-To-Own this very luxurious condo conviniently situated just minutes from the beach and downtown Sylvan Lake.
Location/Neighborhood: Sylvan Lake
Type/Size: Condo/ 1160
Bed/Bath: 2 beds/ 2 baths
Parking: 2 titled stalls underground
Today's Price: $339,500
Base Rent: $1,250
Minimum Down Payment: $10,000
Vendor will Finance: up to 18 months
Pet Policy: Small pets
For Sale By: Realtor
Rent-to-Own this luxurious condo property in Sylvan Lake. The Watermark is centrally located and just a short walk to downtown and the beach. The Watermark is a beautiful architectual building complete with underground parking. This 2 bedroom /2 bath lake view unit has a spacious open concept living design. Beautiful kitchen with stainless steel appliance package, granite counter tops, Italian tile back splash, custom wood cabinetry with island. Gorgeous ensuite bath with soaker tub and separate tiled walk-in shower. Other amenities include: in floor radiant heat, gas fireplace with granite tile surround, private covered balconies with gas BBQ outlet, 9-foot ceilings, master walk-in closet, in-suite laundry, 2 underground parking stalls and a secure storage space.
Example deal with $10,000 down payment and a 18 month lease. Your total monthly payment would be $1925 and you'd get $675/mo credit back (plus down payment) towards purchase price when you buy, which is a total purchase credit of $22,150 (or ~6.5%) and a perfect down payment plus closing costs for most mortgage purposes. Second homes are eleigible for 5% down mortgages. This is an example - other terms available.
More Pictures1. 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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Other Available Properties
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.