103 Franklin Drive Southeast


Calgary, Alberta T2H0V2

3+1 beds 2 baths 1,040 sqft

Description

OPEN HOUSE-SUN-NOV 15 - 1-4 PM - Looking for a DETACHED home with room to grow, a big backyard and a double garage - without moving to the edge of the city? Welcome to this bright and inviting 4-bedroom, 2-bathroom home in established Fairview, offering flexible living, thoughtful updates and an exceptionally convenient central location. Step inside to a light-filled main level with newer vinyl plank flooring, flat ceilings and an easy flow between the living, dining and kitchen spaces. The updated kitchen is a standout, with abundant white cabinetry, generous counter space, a large centre island with gas cooktop and statement hood fan, plus a quiet Bosch dishwasher. From the dining and kitchen area, step directly onto the expansive deck and into the sunny SOUTH-FACING backyard - ideal for summer dinners, gardening, kids or pets. An established apricot tree, garden beds and a good-sized garden shed add character and function. UPSTAIRS, all THREE BEDROOMS are together - an increasingly hard-to-find feature for young families - including a spacious primary with convenient cheater access to the 4-piece bath. The lower level gives this home something different: a SECOND LIVING ZONE. Finished with warm maple HARDWOOD, it offers a spacious fourth bedroom/family room with its own 3-piece ensuite, built-in workspace and egress windows. Use it as a private guest area, teen retreat, home office, media room or flexible space that evolves with your needs. A large crawlspace provides excellent storage. Outside, the DOUBLE DETACHED GARAGE has its own electrical panel and 220V service -great for hobbies, a workshop or future EV needs. Practical UPDATES include replacement WINDOWS, including TRIPLE-PANE WINDOWS on the north side and in bathrooms, NEW STORM DOORS, UPDATED ELECTRICAL PANEL, and a roof replaced with 30-year rated shingles. Fairview makes everyday life easy. Schools, parks and playgrounds are close by, while Chinook Centre, Deerfoot Meadows, transit and LRT options are minutes away. Quick access to Glenmore Trail, Blackfoot Trail, Macleod Trail and Deerfoot Trail keeps downtown, work and weekend mountain escapes within easy reach. If you’ve been waiting for a home that offers 4 BEDROOMS, 2 FULL BATHROOMS, an UPDATED KITCHEN, a LARGE SOUTH-FACING YARD, FLEXIBLE LOWER-LEVEL LIVING and an OVERSIZED DOUBLE GARAGE in central Calgary, this may be the one. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1959

● Square Footage

1,040 sqft

● Stories

--

● Bedrooms

3+1

● Bathrooms

2

● Parking

2

● Neighbourhood

Fairview

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Partially finished, Partial

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$565,000

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

$5,417/month

The payment includes

Rent

$4,433

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

Monthly Savings

$983

Each month, $983 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

$654,058

Cumulative Down Payment

$40,406

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$35,406

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

$5,417/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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A smarter, safer path to homeownership — explained.

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