414 Gateway Cres South


Lethbridge, Alberta T1K4X2

2+1 beds• 3 baths• 1,118 sqft

Description

Looking for a beautiful home with plenty of space, comfort, and an excellent location? Welcome to this stunning, fully finished bi-level in the desirable Fairmont neighbourhood of South Lethbridge! With 3 bedrooms, 3 bathrooms, a walkout basement, and a double attached garage, this home offers a wonderful combination of style, functionality, and comfortable living.From the moment you step inside, you'll be impressed by the soaring vaulted ceilings, gorgeous arched windows, and abundance of natural light that create a bright, airy, and welcoming atmosphere. The beautiful hardwood floors add warmth and elegance to the spacious open-concept main living area, making it the perfect place to relax, entertain, or spend quality time with family and friends. The well-appointed kitchen features granite countertops, plenty of cupboards, a convenient island, and a generous dining area with room for all your family gatherings.The main floor offers two bedrooms, including a fantastic primary bedroom retreat complete with a walk-in closet and a spacious 4-piece ensuite featuring a luxurious jetted soaker tub and separate shower. Imagine unwinding in your own private retreat after a long day! A second bedroom and another full bathroom complete the main level.Downstairs, you'll discover an incredibly spacious, fully finished walkout basement that provides even more room to enjoy! The huge family room features a cozy gas fireplace, creating the perfect atmosphere for movie nights, entertaining guests, or simply relaxing. An additional bedroom, a third bathroom, and convenient access to the backyard make this lower level both comfortable and functional.Step outside and enjoy the beautifully landscaped, fully fenced backyard, offering a wonderful space for outdoor activities, summer barbecues, or simply enjoying some fresh air. The upper deck and lower patio provide great options for outdoor relaxation and entertaining.Additional highlights include central air conditioning to keep you comfortable during those hot summer days, a double attached garage, and plenty of space throughout the home.And let's not forget the fantastic location! Situated in a desirable South Lethbridge neighbourhood, this home is conveniently close to schools, parks, playgrounds, shopping, restaurants, and all the amenities you need.With its impressive ceilings, beautiful natural light, spacious living areas, and excellent location, this home has so much to offer! Don't miss your opportunity to make it yours! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

2007

● Square Footage

1,118 sqft

● Stories

2

● Bedrooms

2+1

● Bathrooms

3

● Parking

4

● Neighbourhood

Fairmont

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full, Walk out

● Parking Type

--

● Time on REALTOR.ca

0 days

Home price

$499,900

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

$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:

1 year2 years3 years
Year 3

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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

Show more FAQs

What kind of homes do you have?

Is there a down payment required for rent-to-own?

How does the Pricing work?

How does rent-to-own work?

what are the requirements for rent-to-own?

What is the interest rate?

Requity Homes logo

Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.