324 Somerside Road Southeast


Medicine Hat, Alberta T1B0R2

2+2 beds 3 baths 1,169 sqft

Description

Coming this fall! This brand new home is being built with completion scheduled for mid November, and with construction still underway there’s still time to personalize select finishes. Step inside to a spacious entryway that leads into a bright, open concept main living area. The kitchen features a centre island, corner pantry, and plenty of counter and cabinet space, flowing seamlessly into the dining area and living room. Patio doors off the living room provide access to the covered deck, overlooking the walking path behind the property. The main level offers two bedrooms, including a comfortable primary suite complete with a walk-in closet and 3pc ensuite with corner shower. A second bedroom, full 4pc bathroom, and convenient stackable laundry space complete this level. Downstairs, the fully developed basement provides even more living space with a bright and spacious family room, two additional good sized bedrooms, and another 4pc bathroom. Outside, the home will be completed with a concrete driveway and double attached garage, providing plenty of parking and storage. Ideally located close to schools, shopping, amenities, parks, and walking paths, this is a fantastic opportunity to own a brand new home and still have the chance to add your own personal touches before completion! (id:39198)

Facts & Features

Powered by: REALTOR.ca

● Building Type

House

● Year built

2026

● Square Footage

1,169 sqft

● Stories

1

● Bedrooms

2+2

● Bathrooms

3

● Parking

4

● Neighbourhood

SE Southridge

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

91 days

Home price

$599,000

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

$5,795/month

The payment includes

Rent

$4,703

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$1,093

Each month, $1,093 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

$693,417

Cumulative Down Payment

$44,342

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$39,342

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

$5,795/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.

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