2405 16 Avenue Southeast
Medicine Hat, Alberta T1A3T5
3 beds• 2 baths• 969 sqft
Description
Welcome to this well-kept 4-bedroom, 2-bath detached bungalow sitting on a spacious corner lot in the heart of Norwood. The main level offers three comfortable bedrooms, a functional layout, and great natural light throughout. Downstairs, the basement has been refreshed with all-new flooring and a fully redone bathroom. This home features a brand-new roof on both the house and garage, vinyl windows, vinyl plank flooring, high Efficient furnace, 2018 HWT, new refrigerator, new range hood, and a full health and safety package including 13 alarms, 1 bed shaker, 1 commlink app, 6 water/flood sensors, and 1 fire extinguisher. Outside, the property shines with a single detached garage, RV parking, a patio area for outdoor living, and a large yard. Located in a centralized area close to shopping, schools, parks, and amenities, this home blends convenience with the charm of a mature neighbourhood. Whether you're a growing family, first-time buyer, or someone looking for a solid home with great updates, this one checks all the boxes. Don't miss your opportunity to view this one, book a private showing today! (id:39198)
Facts & Features
● Building Type
House
● Year built
1957
● Square Footage
969 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Crestwood-Norwood
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: ROYAL LEPAGE COMMUNITY REALTY
Home price
$349,900
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
$3,154/month
The payment includes
Rent
$2,730
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$424
Each month, $424 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
$405,053
Cumulative Down Payment
$20,253
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,253
Buyback Price
$367,395
Cumulative Down Payment
$10,084
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,084
Buyback Price
$385,765
Cumulative Down Payment
$15,168
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,168
Buyback Price
$405,053
Cumulative Down Payment
$20,253
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,253
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
$3,154/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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Have Questions About Rent-to-Own? Let's Talk.
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