41 West Terrace Road
Cochrane, Alberta T4C1S6
1+2 beds• 3 baths• 948 sqft
Description
Welcome to 41 West Terrace Road, this meticulously maintained semi-detached walkout bungalow with over 1618sqft living space, ideally located in the desirable community of West Terrace and just a short walk to the beautiful Bow River with its scenic pathways. Bright, inviting, and thoughtfully designed, this home offers comfortable living spaces and a versatile outdoor setting. The main floor features a bright spacious living room, adjoining your kitchen & dining area with plenty of natural light. Steps away is your oversized primary bedroom complete with a large walk-in closet and a private 4-piece ensuite, creating a relaxing retreat. Convenient main floor laundry adds to the ease of everyday living, while the functional layout offers both comfort and practicality. Completing the main floor is a 1/2 bath neatly tucked away. The fully finished walkout lower level provides excellent additional living space, featuring a welcoming family room with a cozy gas fireplace, 2 ample bedrooms with large windows and a 3-piece bathroom—ideal for family, guests, or a comfortable space to relax. The outdoor living areas are equally inviting, with a spacious upper deck featuring a pergola for added shade, perfect for outdoor dining and entertaining. The lower patio extends the living space outdoors, while the hot tub, thoughtfully screened for privacy, offers a wonderful place to unwind and enjoy your surroundings. The sunny south-facing backyard provides an ideal setting to make the most of the outdoor space. A double attached insulated garage adds everyday convenience and completes this appealing property. With its meticulous upkeep, versatile living spaces, and desirable location close to the Bow River, this home offers an excellent opportunity to enjoy the best of bungalow living. A welcoming home with wonderful indoor and outdoor spaces in a sought-after location! If you are looking to downsize or prefer the 'all contained on one level' living option, don't miss out on your new home. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1997
● Square Footage
948 sqft
● Stories
1
● Bedrooms
1+2
● Bathrooms
3
● Parking
4
● Neighbourhood
West Terrace
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Walk out
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$514,900
Initial Deposit
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
Your Monthly Payment
$4,859/month
The payment includes
Rent
$4,037
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$822
Each month, $822 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:
Buyback Price
$596,061
Cumulative Down Payment
$34,606
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,606
Buyback Price
$540,645
Cumulative Down Payment
$14,869
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,869
Buyback Price
$567,677
Cumulative Down Payment
$24,737
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,737
Buyback Price
$596,061
Cumulative Down Payment
$34,606
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,606
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
$4,859/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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