131 Deer Ridge Way Southeast


Calgary, Alberta T2J5Y7

3 beds• 3 baths• 1,204 sqft

Description

A truly exceptional Deer Ridge bungalow awaits—a haven thoughtfully designed for comfortable living and entertaining within Calgary’s sought-after southeast quadrant. This one-story bungalow, set upon an expansive pie-shaped lot spanning nearly 9000 square feet, offers privacy and space for many family activities. Enjoy your back deck and watch the kids play on a trampoline and/or play set, with room for bocci ball, badminton etc. Plenty of room for the dogs to run around. Inside, discover a generous 1204 square feet of living space, complemented by a fully developed basement providing 1103 square feet of additional flexibility. Three bedrooms on the main floor provide ample room for family or guests. The primary bedroom has a 3-piece ensuite. This 1980 bungalow has had many upgrades over the years - windows, flooring, roof, countertop, fencing. Custom storage throughout is an added bonus. An electric fireplace warms the basement recreation room, perfect for cozy evenings, alongside an integrated bar for added enjoyment. The detached double garage is over-sized giving plenty of space for storage. Conveniently located within walking distance to parks, playgrounds, schools, shopping centres, this bungalow offers an ideal blend of tranquility and accessibility. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1980

● Square Footage

1,204 sqft

● Stories

1

● Bedrooms

3

● Bathrooms

3

● Parking

4

● Neighbourhood

Deer Ridge

● Land size

--

● Heating type

Natural gas, Central heating

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$599,000

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

$5,795/month

The payment includes

Rent

$4,703

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

Monthly Savings

$1,093

Each month, $1,093 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

$693,417

Cumulative Down Payment

$44,342

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$39,342

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

$5,795/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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