42 Joice Close
Red Deer, Alberta T4P4C7
4 beds• 3 baths• 1,085 sqft
Description
Are you looking for an investment property or a spacious family home? Do you need a house with room for family? This well maintained bi-level home with 5 Bedrooms and 3 Bathrooms is in a desirable neighbourhood close to schools, shopping and all the amenities Red Deer has to offer. The upper floor has a roomy master bedroom with a 4 piece en-suite. 2 additional bedrooms and a second 4 piece bathroom. A well equipped kitchen backs onto a large deck overlooking the backyard. A dining room and living room complete the upper level. The lower level which is fully finished, provides lots of added living space. It is accessed by a separate entrance and contains a large family/recreation room,m with gas fireplace, two bedrooms, and a 4 piece bathroom. The laundry room/mechanical room is conveniently located on the lower level and easily accessed. There is parking for up to three vehicles from the rear lane access and room for a 2 car garage. Don't miss out on the opportunity to buy this family home with room for large families. (id:39198)
Facts & Features
● Building Type
House
● Year built
2005
● Square Footage
1,085 sqft
● Stories
--
● Bedrooms
4
● Bathrooms
3
● Parking
3
● Neighbourhood
Johnstone Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
10 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$369,000
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
$3,336/month
The payment includes
Rent
$2,882
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$454
Each month, $454 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
$427,164
Cumulative Down Payment
$21,358
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,358
Buyback Price
$387,450
Cumulative Down Payment
$10,453
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,453
Buyback Price
$406,823
Cumulative Down Payment
$15,905
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,905
Buyback Price
$427,164
Cumulative Down Payment
$21,358
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,358
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
$3,336/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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