Airdrie, Alberta T4B2P7
2 beds• 2 baths• 864 sqft
Welcome to 120 Creek Gardens Place NW in Airdrie, a well maintained and thoughtfully updated bi level home offering exceptional flexibility for both homeowners and investors. Priced at $450,000, this property is perfectly suited for young families, first time buyers, or those looking to offset their mortgage with additional income. Recent upgrades including a newer roof, central air conditioning, updated flooring, fresh paint, and modern lighting create a clean, move in ready interior with long term value and minimal immediate upkeep. The main level features a bright and functional layout with a spacious living room, a well designed kitchen and dining area, two comfortable bedrooms, and a full bathroom, making it ideal for everyday family living. The fully developed basement offers incredible versatility with an additional bedroom, full bathroom, second kitchen, spacious recreation area, and separate laundry. Whether used as an illegal suite for rental income, a private space for extended family, or a work from home setup, this lower level significantly enhances the home’s overall functionality and earning potential. Outside, the property continues to deliver with a single attached garage, front driveway parking, and a rear parking pad, providing ample space for multiple vehicles or tenants. The location is equally appealing, situated on a quiet street close to schools, parks, shopping, and transit, offering a strong sense of community while maintaining convenient access to everyday amenities and commuting routes.For buyers seeking a balance between affordability, space, and long term upside, this property presents a rare opportunity to step into homeownership while building equity and generating income in one of Airdrie’s most accessible and family friendly neighborhoods. (id:39198)
● Building Type
House
● Year built
1998
● Square Footage
864 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
2
● Neighbourhood
Silver Creek
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$450,000
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
$4,137/month
The payment includes
Rent
$3,523
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$614
Each month, $614 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
Buyback Price
$472,500
Cumulative Down Payment
$12,364
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,364
Buyback Price
$496,125
Cumulative Down Payment
$19,729
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,729
Buyback Price
$520,931
Cumulative Down Payment
$27,093
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,093
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
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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