2898 Dunmore Road Southeast
Medicine Hat, Alberta T1A2A5
3 beds• 2 baths• 1,110 sqft
Description
Welcome to this charming bungalow in the quiet, central neighbourhood of Norwood! Situated on a spacious corner lot, this 1,026 sqft home offers incredible versatility with 5 bedrooms and 2 full bathrooms—perfect for growing families or those needing extra space. You’ll love the location and functionality here, with ample parking thanks to the attached single garage, carport, and generous lot size. The private covered front deck is an ideal spot to relax and unwind. Step inside to a bright and inviting main floor featuring vaulted ceilings, fresh paint, and updated vinyl flooring throughout the main living space. The layout seamlessly connects the living and dining, with the kitchen close by, making it perfect for both everyday living and entertaining. The renovated 4 pc bathroom and 3 main floor bedrooms complete this level. Downstairs, you’ll find even more room to spread out with a spacious rec room, 2 additional bedrooms, a 3 pc bathroom, a large laundry area with shelving, and plenty of storage. The backyard offers fruit trees, new fencing on one side, and plenty of potential to create your own outdoor oasis. With new shingles and an updated furnace, plus a fantastic location close to schools, parks, and amenities, this home is move-in ready with room to make it your own. (id:39198)
Facts & Features
● Building Type
House
● Year built
1961
● Square Footage
1,110 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
3
● Neighbourhood
Crestwood-Norwood
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Brokerage Name: CIR REALTY
Home price
$375,000
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
$3,393/month
The payment includes
Rent
$2,929
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$464
Each month, $464 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
$434,109
Cumulative Down Payment
$21,705
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,705
Buyback Price
$393,750
Cumulative Down Payment
$10,568
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,568
Buyback Price
$413,438
Cumulative Down Payment
$16,137
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,137
Buyback Price
$434,109
Cumulative Down Payment
$21,705
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,705
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
$3,393/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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