Red Deer, Alberta T4R1S9
3 beds• 4 baths• 1,832 sqft
Beautiful two story home loaded with recent upgrades that will be sure to impress. Surrounded by mature trees and within walking distance to large park area, this incredible Morrisroe location will be a must see on your list. A sizable front conversation room is perfect for uninterrupted reading of your favorite novel or catching up socializing with your good friend. A chefs dream kitchen is offered which boasts all new antique white cabinets, granite counter tops, under mount sink, new fixtures and decorative tile back splash. Full range of updated stainless steel appliances which includes a built-in oven & microwave, electric cook top with commercial style hood range plus double door refrigerator. Large eating area which overlooks the spacious family room with large windows and full floor to ceiling tiled wood fireplace. Formal dining area is ideal for extra guests during the holidays. Upstairs is perfect for the families as it offers three bedrooms on the upper level. Updated Primary bedroom includes a sliding barn door into the deep walk in closet plus a remodeled en suite which includes a nice size walk in shower, beautiful tile surround, new vanity with glass basin and all new fixtures. Main bath has been completely renovated as well with all new tile, fixtures, tub surround and above basin sink. Downstairs you will find a large media room great for streaming movies or watching the game. An office/studio space is ideal for a home based business or remote worker. Three piece bath offers an additional shower to the home plus a generous laundry room with wash basin. An extra large utility space has plenty of room for additional storage plus work bench area for home hobbyist. Nearly all the windows in the home have been replaced, plus hot water tank & softener have been updated. The fully fenced and landscaped yard is complimented with the large wood deck, numerous shrubs & trees, garden shed plus there is even RV parking with gated access. Double garage has radia nt heater making it an added bonus for vehicle storage. Family oriented location makes this home perfect with schools, shopping amenities plus recreation all close by. (id:39198)
● Building Type
House
● Year built
1981
● Square Footage
1,832 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
2
● Neighbourhood
Morrisroe
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
9 days
Home price
$479,900
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
$4,469/month
The payment includes
Rent
$3,760
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$710
Each month, $710 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
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
Buyback Price
$503,895
Cumulative Down Payment
$13,518
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,518
Buyback Price
$529,090
Cumulative Down Payment
$22,036
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,036
Buyback Price
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
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.