Red Deer, Alberta T4P1J5
2 beds• 2 baths• 973 sqft
Welcome to a rare gem in one of Red Deer’s most coveted mature neighborhoods, The Pines. This meticulously maintained home seamlessly blends classic charm with modern convenience, offering true peace of mind. Major updates include new roof shingles (2018), furnace and water heater (2016), electrical panel (2007), siding and windows (2011), flooring, paint, and so much more. The main floor features a bright, open living space with clear sightlines from the kitchen to the dining and living areas. The modernized kitchen boasts stainless steel appliances, updated countertops, and painted solid wood cabinetry. A versatile movable island provides additional counter space and smart storage. Extend your living space to the outdoors as you exit from the dining area to a covered deck with a brand-new roof. Two spacious bedrooms and a fully updated bathroom complete the main level. Downstairs, an expansive family room with wet bar offers ample living and entertainment options, complemented by a cozy gas fireplace. A third bedroom, a charming three-piece bath with new flooring, and a laundry/storage room with a separate entrance to the backyard enhance functionality. The expansive yard is a showpiece, featuring mature flower gardens and fruit trees like apples, saskatoons, nanking cherries, black currants and even grapevines. Relax on the massive covered deck or wander through the tranquil gardens - this yard is a real oasis. An oversized single garage and ample off-street parking accommodate guests or projects. The sewer lines have been inspected and are clear, the city updated water and sewer main line in the alley, and there is newly installed fiber optic internet.For those who value conscientious maintenance, this home reflects care and attention in every detail. (id:39198)
● Building Type
House
● Year built
1976
● Square Footage
973 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
4
● Neighbourhood
Pines
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance, Walk-up
● Parking Type
--
● Time on REALTOR.ca
10 days
Home price
$439,900
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
$4,024/month
The payment includes
Rent
$3,443
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$581
Each month, $581 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
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
Buyback Price
$461,895
Cumulative Down Payment
$11,975
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,975
Buyback Price
$484,990
Cumulative Down Payment
$18,949
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,949
Buyback Price
$509,239
Cumulative Down Payment
$25,924
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$20,924
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
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