240 Summerwood Place Southeast


Airdrie, Alberta T4B1W3

3 beds 3 baths 1,119 sqft

Description

Welcome to 240 Summerwood Place — a truly special opportunity to own a lovingly maintained home, proudly cared for by the same family since 1994.Tucked away on a quiet cul-de-sac and set on a rare, oversized pie-shaped lot, this property offers an incredible outdoor lifestyle. The beautifully landscaped yard features a ground-level patio, cozy fire pit area, expansive garden beds, and an abundance of established perennials. For those with a green thumb (or dreams of one), you’ll love the mature raspberry bushes and asparagus that return year after year — your own private backyard retreat.Located just steps from Nose Creek Park, you’ll enjoy easy access to scenic walking paths, pickleball and tennis courts, and some of Airdrie’s most beautiful green spaces.Inside, the home offers a functional and inviting four-level split layout with space for the whole family. The main floor welcomes you with vaulted ceilings and a bright, open-concept living and dining area, filled with natural light from large south-facing windows and anchored by a charming fireplace. The kitchen is both practical and welcoming, featuring a large skylight, ample cabinetry, and a cozy eat-in area perfect for morning coffee or casual meals.Upstairs, you’ll find three well-sized bedrooms and two bathrooms, including a convenient ensuite. The third level offers a spacious family room, a fourth bedroom, a full bathroom, and direct access to the backyard — ideal for guests, teens, or multi-generational living. The lower level adds even more versatility with a large rec room, laundry and utility space, plus additional storage including a crawl space.Completing the property is an oversized 25’ x 25’ (exterior measurements) heated double detached garage — perfect for vehicles, hobbies, or extra storage.This is a rare chance to own a well-cared-for home on an exceptional lot in a mature, sought-after community. A property like this doesn’t come along often — and it’s priced to move. (id:39198)

Facts & Features

● Building Type

House

● Year built

1980

● Square Footage

1,119 sqft

● Stories

--

● Bedrooms

3

● Bathrooms

3

● Parking

2

● Neighbourhood

Summerhill

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Partial, Separate entrance

● Parking Type

--

● Time on REALTOR.ca

5 days

Brokerage Name: CIR Realty

Powered by: REALTOR.ca

Home price

$519,000

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

$4,905/month

The payment includes

Rent

$4,069

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

Monthly Savings

$836

Each month, $836 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

$600,807

Cumulative Down Payment

$35,081

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$30,081

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

$4,905/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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Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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