1425 Scenic Drive South
Lethbridge, Alberta T1K1M4
3+1 beds• 2 baths• 1,267 sqft
Description
Renovated, versatile and move in ready, this 4 bedroom, 2 bathroom home offers an incredible combination of space, updates, storage and parking, with plenty of flexibility for homeowners and investors alike. The renovated kitchen is a cooks dream with beautiful stainless steel appliances, ample cabinetry and storage, while new flooring and gorgeous hardwood add warmth and character throughout. Nearly all windows have been replaced, along with new doors throughout the home. A clever hall closet conversion creates additional kitchen functionality with a tucked away coffee bar, drop station or extra prep space. Major mechanical updates include a newer hot water on demand system and newer high efficiency furnace, giving you added peace of mind. Downstairs, the spacious recreation room features a wood burning fireplace with a electric insert and offers plenty of flexibility. Need more living space, a home office, hobby room, den or potentially another bedroom? There is room to make this space work for your needs. Investors will appreciate the potential for future suite possibilities, while larger families will love the opportunity to create even more usable space. Outside, the property continues to deliver. The oversized 24 x 24 double attached garage is complemented by a large carport, plus RV parking at the rear. There is no shortage of space for vehicles, toys, hobbies or equipment. Multiple storage and hobby areas include a shed, wood shed and additional side shed attached to the carport. Enjoy the covered side patio and pergola, perfect for relaxing or entertaining, along with a low maintenance front yard that leaves more time for enjoying the home. With ample parking, storage, hobby space, gardening potential and quick access to major routes for an easy commute, this property offers exceptional versatility. Whether you are looking for a home with room to grow, a 4 bedroom property with potential for a 5th, or an investment opportunity with suite potential, this upd ated home has an impressive amount to offer. Virtually nothing left to do but move in and make it your own. (id:39198)
Facts & Features
● Building Type
House
● Year built
1970
● Square Footage
1,267 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
2
● Parking
6
● Neighbourhood
Agnes Davidson
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
82 days
Home price
$499,900
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
$4,692/month
The payment includes
Rent
$3,918
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 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
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
Buyback Price
$524,895
Cumulative Down Payment
$14,290
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,290
Buyback Price
$551,140
Cumulative Down Payment
$23,580
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,580
Buyback Price
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
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
$4,692/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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