Rent to Own House – 20361 25A Avenue NW, Edmonton, Alberta

20361 25A Avenue NW, Edmonton

This brand new executive home, located in The Uplands, boasts over 2460 sqft above grade, 4 bedrooms and 3 full baths. It was built by Homes by Avi and is the Jefferson model. The property is already landscaped and partially-fenced. Features include a double attached garage, large pantry, living room, dining area, fireplace and guest bedroom on the main floor. Upstairs boasts a large bonus/media room, laundry room, enormous master bedroom with 6-pc ensuite, and the other two kids rooms. The basement is unfinished and has a separate side entrance so you can suite it out if you want.

Asking Price: $699,900

Down Payment Required: $50,000 (just over 7%!), all of which goes against the Sale Price

Monthly Rent: $3500, of which $400 is credited towards your equity

Term: You have 3 years to buy the property

Our goal is for you to own this home, so we connect you with a mortgage broker right from the beginning, who will assess your situation and give you a detailed gameplan as to the path you must walk to be able to complete the purchase within the term. The mortgage broker will stay in touch with you for the duration of the term, checking in on your progress to ensure your success in achieving home ownership.

Your monthly rent covers all of the monthly costs to live here, except for your utilities and tenant insurance.

The Uplands is a new residential neighbourhood in West Edmonton, Alberta, Canada, known for its natural surroundings and sustainable design. It is located within the Riverview community and is distinguished by its elevated position, earning it the name "The Uplands". The neighbourhood is designed with an emphasis on nature and outdoor activities, featuring walking trails, parks, and playgrounds.

Key Features:

  • Sustainable Design: The Uplands is designed to be an environmentally sustainable community, promoting stewardship of natural ecosystems and wetland habitats. 

  • Natural Surroundings: The neighbourhood embraces its natural surroundings, with homes designed to fit into the landscape. 

  • Walking Trails and Parks: The community offers a network of walking trails, parks, and playgrounds, encouraging an active lifestyle and engagement with nature. 

  • Convenient Access: The west leg of Anthony Henday Drive is minutes away, providing easy access to other parts of Edmonton. 

  • Diverse Housing Options: The Uplands offers a variety of new home styles. 

  • Educational Resources: The neighbourhood is close to several schools. 

  • Amenities: The community has convenient access to shopping, recreation, and restaurants.