11 Ridgebrook Drive Southwest
Airdrie, Alberta T4B1A9
3 beds• 2 baths• 1,039 sqft
Description
Location, Lifestyle & Potential in the Heart of AirdrieWelcome to this charming bungalow tucked into the established community of Ridgebrook, one of Airdrie’s most walkable neighbourhoods. Just over 1,000 sq ft, this 3-bedroom, 2-bathroom home offers a solid footprint, a finished basement, and endless potential for the buyer ready to make it their own.The true star here is the location. Step outside and enjoy being minutes from the brand-new Airdrie Public Library, the energy of downtown/Main Street, and all the parades, festivals, and community events that make this area so special. Morning strolls, evening bike rides, or weekend picnics are effortless with Nose Creek Park just a short walk away—one of Airdrie’s most loved green spaces.Inside, the classic bungalow layout offers comfortable main-floor living with three bedrooms and a full bath, while the finished basement provides additional living space, a second bathroom, and flexibility for a family room, home office, or guest area. The home is ready for updates and personal touches, making it an ideal opportunity for renovators, investors, or buyers looking to build equity in a prime central location.Whether you’re dreaming of restoring its charm or re-imagining it entirely, this Ridgebrook home is your chance to live close to everything that makes Airdrie feel like home. (id:39198)
Facts & Features
● Building Type
House
● Year built
1982
● Square Footage
1,039 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Ridgegate
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: Real Broker
Home price
$420,000
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
$3,822/month
The payment includes
Rent
$3,285
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$536
Each month, $536 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
$486,203
Cumulative Down Payment
$24,310
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,310
Buyback Price
$441,000
Cumulative Down Payment
$11,437
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,437
Buyback Price
$463,050
Cumulative Down Payment
$17,873
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,873
Buyback Price
$486,203
Cumulative Down Payment
$24,310
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,310
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
$3,822/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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