268 Kingston Drive
Red Deer, Alberta T4P0A7
2 beds• 2 baths• 923 sqft
Description
Pride of ownership shines in this move-in-ready gem on Kingston Drive! This fully developed bi-level masterfully blends functional design with a bright, airy aesthetic. The main floor welcomes you with sun-drenched living spaces, bright fresh paint and durable laminate flooring throughout.The heart of the home is a spacious kitchen featuring dark blue cabinetry, brand new appliances & counter tops, a raised eating bar, a pantry, and stylish tile backsplash. Step through the dining area’s patio door to your private outdoor retreat. Two comfortable bedrooms and a full 4-piece bath complete the main level.Downstairs, the fully finished basement offers a secondary living area—perfect for movie nights—plus two additional bedrooms and plenty of storage. Outside, enjoy the sunshine on your south-facing deck overlooking a landscaped, fully fenced yard with ample room for a future dream garage. Ideally located steps from Red Deer’s best trails, parks, shopping, and transit! (id:39198)
Facts & Features
● Building Type
House
● Year built
2007
● Square Footage
923 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
2
● Neighbourhood
Kingsgate
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
45 days
Brokerage Name: KIC Realty
Home price
$389,900
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
$3,535/month
The payment includes
Rent
$3,047
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$488
Each month, $488 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
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
Buyback Price
$409,395
Cumulative Down Payment
$10,856
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,856
Buyback Price
$429,865
Cumulative Down Payment
$16,712
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,712
Buyback Price
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
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
$3,535/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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