Home Rent-to-Own Listings Calgary, Alberta 1508 45 Street Southeast

1508 45 Street Southeast

Calgary, Alberta T2A1N2

3+1 beds• 2 baths• 974 sqft

Description

Welcome to your next chapter: an exceptional family home perfectly positioned across from a peaceful greenspace and moments from Forest Lawn Athletic Park, as well as nearby FLH, Ernest Morrow Jr High schools and everyday conveniences. Thoughtfully refreshed from top to bottom, this residence showcases fresh designer paint, brand-new luxury vinyl plank flooring on both levels, and new lighting throughout. Outside, the home makes an equally impressive statement with updated exterior siding and paint, beautifully refreshed fencing, and a rare oversized 24x23 double garage (built in 2012) offering ample space for vehicles, storage, and hobbies alike. Set on an expansive lot with plenty of room for family gatherings, play, and entertaining, the home continues to impress inside with a fully developed basement featuring a spacious recreation room, additional bedroom, versatile den, and dedicated laundry area. Major updates including windows, shingles, furnace, and electrical panel were all completed in 2012—allowing you to simply move in and enjoy. Ideally located near parks, transit, shopping, schools, and with quick access to Deerfoot Trail, this is a rare opportunity to own a beautifully updated home in a connected, family-friendly setting. Arrange your private showing today. (id:39198)

Facts & Features

● Building Type

House

● Year built

1962

● Square Footage

974 sqft

● Stories

● Bedrooms

3+1

● Bathrooms

● Parking

● Neighbourhood

Forest Lawn

● Land size

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full

● Parking Type

● Time on REALTOR.ca

62 days

Home price

$479,900

Calculate my rent-to-own affordability

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

$4,469/month

The payment includes

Rent

$3,760

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

Monthly Savings

$710

Each month, $710 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

$555,544

Cumulative Down Payment

$30,554

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$25,554

Year 1

Buyback Price

$503,895

Cumulative Down Payment

$13,518

• Initial Deposit

$5,000

• Monthly Savings x 12 months

$8,518

Year 2

Buyback Price

$529,090

Cumulative Down Payment

$22,036

• Initial Deposit

$5,000

• Monthly Savings x 24 months

$17,036

Year 3

Buyback Price

$555,544

Cumulative Down Payment

$30,554

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$25,554

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

$4,469/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!

Calculate my rent-to-own affordability See Qualified Home Criteria

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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