Medicine Hat, Alberta T1B4Y6
2+2 beds 2 baths 1,074 sqft
Custom-built Walk Out Bungalow backing pathways and green space, features separate living quarters, perfect for buyers looking for a care giver, income helper, accommodate a family member or rent to students!! This walkout bungalow is located in one of Medicine Hat’s newest developments in the south, close to walking paths and amenities! The home features a suite and each unit includes gorgeous custom kitchens, two bedrooms, private laundry, gas fireplaces for cozy winter evenings, covered decks with gas lines for BBQ's and the upper level has accessible with the addition of wider doors and hallways if this is something you require. The home is designed for easy upkeep featuring vinyl flooring throughout. Additional highlights include a stunning view of the walking park and Teepee in the distance, high end appliance packages, custom cabinets with quartz countertops, under-cabinet lighting, recessed ceiling lighting in the both primary bedrooms, a walk-in shower in the main bathroom, a jetted tub in the lower level bathroom, neutral colours throughout, a vaulted ceiling in the main floor living room with large windows overlooking the greenbelt, underground sprinklers front and back, zone heating, central vacuum with attachments, hot water on demand, and custom blinds. This home comes with a double attached heated garage. Situated in a very quiet neighbourhood, it is close to schools including the college, city transit, and recreational facilities! This home might just be what you're looking for! (id:39198)
Home price
$585,000
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
$5,639/month
The payment includes
Rent
$4,592
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,048
Each month, $1,048 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$677,211
Cumulative Down Payment
$42,721
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,721
Buyback Price
$614,250
Cumulative Down Payment
$17,574
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,574
Buyback Price
$644,963
Cumulative Down Payment
$30,147
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$25,147
Buyback Price
$677,211
Cumulative Down Payment
$42,721
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$37,721
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
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.