4736 56 Street
Red Deer, Alberta T4N2K3
4 beds• 4 baths• 2,059 sqft
Description
WELCOME TO THE ROUTLEDGE HOUSE—an ICONIC BRICK HERITAGE HOME on one of the MOST HISTORIC STREETS IN RED DEER. Built in 1912, this remarkable residence showcases classic ARTS & CRAFTSMAN architecture, complete with an enclosed front porch and timeless curb appeal.Extensively renovated from the studs out, the home seamlessly blends historic character with modern sophistication. Major upgrades include electrical, plumbing, drywall, lighting, and premium finishing throughout. OVER $280,000 IN IMPROVEMENTS have been invested to create a truly exceptional living experience.The lower level introduces a standout NEW ILLEGAL SUITE featuring a cozy wood-burning fireplace, a newly constructed staircase, and an irresistibly charming “hobbit-style” kitchen. A luxurious bathroom completes the space with an oversized shower and elegant soaker tub—ideal for guests, or extended familyA spacious foyer welcomes you inside, where original glass-pane folding doors open into a warm and inviting Living Room enhanced by built-in bench seating and a striking fireplace. The Kitchen offers a gas range stove, generous cabinetry, and excellent functionality for everyday living and entertaining.The staircase and upper hall are showpieces in their own right, accented by beautiful lighting, exceptional wood paneling, and wallpaper details that highlight the home’s historic charm. Upstairs, the impressive PRIMARY SUITE features a spa-inspired ensuite with steam shower and a large walk-in closet. Two additional bedrooms and a full bathroom with a classic clawfoot tub complete the upper level.Additional highlights include a rear workshop, a convenient side entrance to the basement, and a desirable CORNER LOT offering space for a future 31 x 16 ft TRIPLE-SIZE GARAGE. The backyard provides a cozy gathering area perfect for evening fires and outdoor entertaining.Set within a welcoming community known for incredible neighbours and timeless character, this one-of-a-kind residence presents a rare opp ortunity to own a beautifully restored piece of Red Deer’s history—reimagined for modern living. (id:39198)
Facts & Features
● Building Type
House
● Year built
1912
● Square Footage
2,059 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
4
● Parking
2
● Neighbourhood
Waskasoo
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
2 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$599,900
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
$5,805/month
The payment includes
Rent
$4,710
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,096
Each month, $1,096 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
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
Buyback Price
$629,895
Cumulative Down Payment
$18,149
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$13,149
Buyback Price
$661,390
Cumulative Down Payment
$31,297
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$26,297
Buyback Price
$694,459
Cumulative Down Payment
$44,446
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$39,446
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
$5,805/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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