Red Deer, Alberta T4P0B2
3 beds• 3 baths• 1,365 sqft
FULLY DEVELOPED 5 BED, 3 BATH BI-LEVEL IN JOHNSTONE CROSSING ~ 1365 SQ. FT. ABOVE GRADE ~ 24' X 24' ATTACHED GARAGE + REAR RV PARKING ~ A spacious sun filled foyer with tile flooring and high ceilings that open to the upper level welcomes you to this well cared for home ~ Hardwood flooring and large east facing windows create a bright, inviting living room filled with natural light ~ The well appointed kitchen offers an abundance of dark stained maple cabinetry, ample counter space including an island, full tile backsplash, built-in desk, and an oversized wall pantry ~ The spacious dining room is ideal for hosting large gatherings and features ample natural light with garden door access to the west facing deck and backyard ~ The primary bedroom offers a generous space for a king size bed and additional furniture, and includes a walk-in closet with built-in organizers and a bright ensuite with a walk in shower and more built-in shelving ~ 2 additional main floor bedrooms are generously size and conveniently located across from the 4 piece main bathroom ~ The fully developed basement offers tons of additional living space and features large above grade windows, vinyl plank flooring throughout, and operational in floor heating ~ Designed for entertaining, the family room offers a spacious sitting/media area that flows into a large open space with room for a games table, plus a wet bar with wood cabinets, full size fridge, sink and dishwasher ~ 2 large bedrooms with ample closet space are separated by the 3 piece bathroom with a walk-in shower ~ Laundry is located in it's own room and has built in shelving ~ Additional great features include; Central air conditioning, central vacuum, ample storage space throughout ~ 24' x24' double attached garage plus rear gated RV parking pad ~ The sunny west facing backyard is landscaped, has a garden bed and is fully fenced with back alley access ~ Located steps to multiple parks, sports courts, walking trails, outdoor fitness area , and transit, with easy access to multiple schools, shopping and dining ~ Move in ready! (id:39198)
● Building Type
House
● Year built
2006
● Square Footage
1,365 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Johnstone Crossing
● Land size
--
● Heating type
Forced air, In Floor Heating, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
12 days
Home price
$484,900
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
$4,525/month
The payment includes
Rent
$3,799
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$726
Each month, $726 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
$561,332
Cumulative Down Payment
$31,133
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,133
Buyback Price
$509,145
Cumulative Down Payment
$13,711
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,711
Buyback Price
$534,602
Cumulative Down Payment
$22,422
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,422
Buyback Price
$561,332
Cumulative Down Payment
$31,133
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,133
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
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?
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.