1607 Summerfield Boulevard


Airdrie, Alberta T4B1C7

5 beds 2 baths 1,074 sqft

Description

Incredible opportunity in the established community of Summerhill, Airdrie! This well-maintained property offers a fantastic setup for investors, first-time buyers or multi-generational living.The upper level features a bright and spacious layout with three comfortable bedrooms, a full 4-piece bathroom, a generously sized kitchen with island, and a welcoming living area—with a main floor laundry, perfect for everyday family living.The fully developed basement is an excellent space, complete with two bedrooms, a large wet bar, and an open-concept living and dining space. With its own private laundry, this space offers independence and privacy for your use or extended family.Each level includes a separate kitchen/ wet bar and laundry, creating a flexible layout ideal for families or shared living arrangements.Situated on a zero lot line property, there’s room to accommodate a large future custom garage—adding even more value and potential.Located in a quiet, family-friendly neighbourhood just minutes from Nose Creek Park, schools, shopping, and everyday amenities. Enjoy quick and easy access to major roadways for a convenient commute to Calgary and surrounding areas.Zoned DC-16A, this is a rare opportunity with strong potential and long-term upside with the zoning. Perfect for investors or first time buyers!! **The City of Airdrie has approved this home for solar panels!!** Don’t miss out—great value and endless possibilities! (id:39198)

Facts & Features

● Building Type

House

● Year built

1981

● Square Footage

1,074 sqft

● Stories

1

● Bedrooms

5

● Bathrooms

2

● Parking

2

● Neighbourhood

Edgewater

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full, Separate entrance, Walk-up, Suite

● Parking Type

--

● Time on REALTOR.ca

1 day

Brokerage Name: CIR Realty

Powered by: REALTOR.ca

Home price

$470,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$4,359/month

The payment includes

Rent

$3,681

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$678

Each month, $678 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:

1 year2 years3 years
Year 3

Buyback Price

$544,084

Cumulative Down Payment

$29,408

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$24,408

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

$4,359/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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