42 Tarzwell Avenue
Red Deer, Alberta T4P0Y9
3 beds• 2 baths• 1,160 sqft
Description
Stunning bi-level home that blends style, comfort, and smart design. With 3 bedrooms and 2 full bathrooms, it offers ample space for families to relax and recharge. Step into an inviting open layout highlighted by airy vaulted ceilings that fill the home with natural light, creating a spacious and welcoming atmosphere. For growing families or those who love extra space, the optional 5-bedroom layout with a developed basement provides flexibility to suit your lifestyle. PHOTOS ARE REPRESENTATIVE (id:39198)
Facts & Features
● Building Type
House
● Year built
2025
● Square Footage
1,160 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Timberlands North
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full, Walk-up
● Parking Type
--
● Time on REALTOR.ca
3 days
Brokerage Name:
Home price
$519,000
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
$4,905/month
The payment includes
Rent
$4,069
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$836
Each month, $836 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
$600,807
Cumulative Down Payment
$35,081
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,081
Buyback Price
$544,950
Cumulative Down Payment
$15,027
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,027
Buyback Price
$572,198
Cumulative Down Payment
$25,054
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,054
Buyback Price
$600,807
Cumulative Down Payment
$35,081
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,081
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
$4,905/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
Recently Listed Homes in Red Deer, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat 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?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.