Calgary, Alberta T2B1S1
3+1 beds 2 baths 1,046 sqft
****LEGAL REGISTERED BASEMENT SUITE**** OVERSIZED 2.5 CAR GARAGE****BUNGALOW****Nestled on a quiet, mature tree-lined street, this updated 4 bedroom 2 bath bungalow has been upgraded through the years and offers the perfect blend of character, functionality, and income potential. Situated on a generous 50' x 110' lot with a sunny west-facing backyard, the property features an oversized 2.5 detached garage, mature trees, shrubs, a 12' x 16' deck, fenced & gated RV storage (or large dog run), with plenty of room for kids and gardens in the backyard. The charming hedged-in front yard includes a mini-orchard with various fruit trees and inviting patio space. Inside, the open-concept main floor showcases gorgeous original refinished original hardwood flooring (they don’t build them like this anymore!), a custom granite-topped island, freshly painted interior, and a stunning original plaster ceiling in the living room. The spacious primary bedroom features a walk-in closet, while both updated 4-piece bathrooms offer floor-to-ceiling tile finishes. This is a ‘no carpet’ home with hardwood, tile, and laminate flooring throughout.Downstairs, you'll find a Legal Registered 1-bedroom basement suite featuring a large kitchen & dining area with modern maple cabinetry and butcher block counters, full 4 piece bath and living room area with huge storage closet. Other features include smooth ceilings & loads of pot lights, mudroom area, common laundry, abundant storage, and a workshop area. The separate entrance makes it an ideal mortgage helper or multigenerational living opportunity. Major updates include a newer roof, fascia and soffits, exterior paint, vinyl windows, high-efficiency furnace, and a 2025 hot water tank. The oversized 2.5-car detached garage provides ample space for vehicles, a workshop, motorbikes, or additional storage. Enjoy an unbeatable location just a 2-minute walk to a public school, 1 minute to transit, 5 minutes to Deerfoot Trail, and only 10 minutes fr om downtown. This exceptional property offers timeless charm, upgrades, and incredible versatility for homeowners and investors alike. (id:39198)
Home price
$579,995
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
$5,584/month
The payment includes
Rent
$4,552
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,032
Each month, $1,032 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
$671,417
Cumulative Down Payment
$42,142
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,142
Buyback Price
$608,995
Cumulative Down Payment
$17,381
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,381
Buyback Price
$639,444
Cumulative Down Payment
$29,761
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,761
Buyback Price
$671,417
Cumulative Down Payment
$42,142
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,142
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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next steps toward homeownership.