Red Deer, Alberta T4N1J9
3 beds• 2 baths• 1,003 sqft
4 BEDROOM , Renovated Bungalow with new roof in a Prime Location in the community of Grandview This beautifully updated bungalow featuring a smart, functional layout with 4 spacious bedrooms and a welcoming dining area. The bright kitchen offers plenty of oak cabinetry, plus both a built-in and walk-in pantry conveniently located off the dining room. The fridge and stove can be controlled by using an App. The main floor includes 3 comfortable bedrooms, living room with a large front window that floods the space with natural light, new luxury vinyl flooring and the accent wall that bring warmth and character. The fully finished basement is designed for flexibility—it offers a 4th bedroom, a full bathroom, a massive rec room, and a dry bar. With its SEPARATE ENTRANCE. The laundry and utility room also provide plenty of storage. Outside, a huge deck leads to the private backyard, while the oversized DOUBLE HEATED DETACHED GARAGE and extra-large paved parking pad provide ample parking. Open space in the front, perfectly located just steps from the Spanish Immersion school, within walking distance to shopping, trails, and parks, and only minutes to downtown—this home combines charm, convenience, and income potential! (Garage 24 x24 ) (id:39198)
● Building Type
House
● Year built
1958
● Square Footage
1,003 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
4
● Neighbourhood
Grandview
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
22 days
Home price
$399,000
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
$3,622/month
The payment includes
Rent
$3,119
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$503
Each month, $503 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
$461,892
Cumulative Down Payment
$23,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,095
Buyback Price
$418,950
Cumulative Down Payment
$11,032
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,032
Buyback Price
$439,898
Cumulative Down Payment
$17,063
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,063
Buyback Price
$461,892
Cumulative Down Payment
$23,095
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,095
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.