Own this Kilkenny bungalow on a path that fits your life.
Four bedrooms, corner lot, across from a school and playground, transit steps away. Get in now, own it on your timeline.
- 4 bedrooms
- 2 bathrooms
- 1,184 sq ft
- Double garage + RV pad
- Finished basement
The short version
Monthly, all in
Covers your rent and Monthly Option Consideration, which contributes to your future down payment.
To start
Your Initial Option Consideration. Credited against the purchase price when you exercise the Option.
Months to buy
Pick the term that matches your credit and savings plan. Your future purchase price is set at signing.
Inside the home
About the home
- StyleDetached bungalow
- Year built1969
- Square feet1,184
- Lot size≈ 6,015 sq ft
- Bedrooms3 up + 1 down
- Bathrooms2 full
- BasementFully finished
- HeatingForced air
- ParkingDetached garage, pad, RV
- Lot typeCorner site
What stands out
- Corner lot, across from a school and playground
- Steps to transit and LRT route
- Private rear entrance (basement suite potential)
- Finished basement with 4th bedroom and bonus room
- Detached garage plus parking pad and RV parking
- Chain link fencing with privacy slats
- Fridge, stove, dishwasher, storage shed included
- No-smoking home
Why rent-to-own this home
Kilkenny is established, quiet, and built for families. This home is move-in ready with 1,184 sq ft on the main and a fully finished basement that gives you a fourth bedroom and a bonus room to grow into.
Rent-to-own gives you time. Time to clean up credit, stabilize income, or build savings. You sign a lease with an Option to Purchase, your future purchase price is agreed now, and every month you add to your Option Fee, which contributes to your future down payment at closing.
Rent now. Own later.
What it costs
Here is the summary. Your exact monthly payment and option credit are locked in once you complete a short pre-qualification.
Utilities are paid by you. All figures shown are estimates based on the current list price and program terms.
- List price today
- $444,900
- Initial Option Consideration
- $25,000
- Term options
- 24 or 36 months
- Utilities
- Paid by you
Your future purchase price is pre-agreed based on your chosen term and reflects the expected value at the end of the program. Full breakdown is shared during pre-qualification.
Who this fits
Our program is built for motivated buyers who need a clear path, not a miracle.
Credit rebuild
You had a consumer proposal, a rough patch, or a recent job change, and the bank said no. You need time and a plan.
Self-employed
You run a business and your tax return does not reflect what you actually earn. Banks struggle with that. We do not.
New to Alberta
You relocated and need time to build Canadian credit, savings, or both before a traditional mortgage will work.
Not sure if you fit? Start the pre-qualification anyway. If it is not a match, we will tell you straight.
How it works
Pre-qualify online
A quick two-minute form tells us if the numbers fit. No credit pull at this stage.
Meet our broker
You sit down with Danelle Cole, our mortgage expert, to map out a plan to qualify by the end of your term.
Move in
Pay your option consideration, sign the paperwork, and get your keys. The home is yours to live in.
Buy the home
Follow the plan. At the end of your term, you exercise your option and own the place.
Questions buyers ask
What is rent-to-own, actually?
You sign two agreements: a Residential Tenancy Agreement (the lease) and an Option to Purchase Agreement (your exclusive right to buy at a pre-agreed future price). You pay rent plus a Monthly Option Consideration. At the end of your term, you exercise the Option and buy the home. Your total Option Fee is credited against the purchase price at closing.
What happens if I don't exercise the Option at the end of my term?
Per the Option to Purchase Agreement, 90% of your total Option Fee is retained by the Grantor and 10% is returned to you within 30 days, less any amounts you owe and the costs associated with terminating the Option. The program is built around you buying, so we and our mortgage broker work with you throughout the term to keep you on track.
Is my $25,000 refundable?
Your $25,000 is the Initial Option Consideration. It's the fee that grants you the exclusive right to buy this home at the pre-agreed future price. If you exercise the Option and close, the full amount is credited against the purchase price. If you don't exercise, the 90/10 retention rule above applies. Full terms are in the Option to Purchase Agreement you'll review before signing.
Who handles repairs?
You pay for a home inspection before move-in and sign off on the condition of the home. From that point on, all repairs and maintenance are your responsibility — day-to-day upkeep and major repairs alike. This mirrors the responsibilities of homeownership and is part of what prepares you to take title at the end of the program. Full details are in the Welcome Home Package you receive at orientation.
Can I buy the home before the term ends?
Our program requires a minimum 12 months before you can exercise the Option. If you qualify for a mortgage earlier, talk to us and we'll coordinate the timing. If an early exercise means breaking our underlying mortgage, those penalty costs pass through to you.
Can I see the home first?
Yes. Once you pre-qualify and the numbers check out, we book a showing. We don't run showings for people who haven't pre-qualified because it wastes everyone's time.
Ready to see if this home is yours?
Pre-qualification takes about two minutes. You will know right away if the numbers work.
Start pre-qualification
