Red Deer, Alberta T4P4C8
2 beds• 2 baths• 960 sqft
Welcome to this beautifully updated home offering a bright open concept layout, vaulted ceilings and a fantastic location close to parks, schools, walking trails and shopping in Red Deer. The covered front entry welcomes you and leads into a generous sized foyer that immediately creates a warm first impression for guests and family alike. The main floor features a spacious open concept design enhanced by soaring vaulted ceilings that provide an airy and inviting atmosphere. The living room is filled with natural light from a large picture window overlooking the backyard and deck, creating a comfortable space to relax or entertain. The living area flows seamlessly into the dining space which easily accommodates a large table for family dinners and gatherings. The kitchen offers a very functional layout with plenty of beautiful oak cabinetry, ample counter space and a large island complete with a lowered eating bar that is perfect for casual meals, morning coffee or entertaining guests. Additional features include a full tile backsplash, corner pantry for extra storage and garden door access leading to the large partially covered deck, making outdoor entertaining convenient and enjoyable. The primary bedroom features large south facing windows that allow an abundance of natural light and offers plenty of space for a king sized bed along with additional bedroom furniture. A second main floor bedroom is conveniently located next to the four piece bathroom, making it ideal for children, guests or a home office. The fully finished basement provides excellent additional living space and features high ceilings and large above grade windows that bring in natural light. The basement offers an open floor plan layout that includes a spacious family room, an additional bedroom and a beautifully finished bathroom complete with a modern glass shower enclosure. The laundry area is also located on the lower level and there is still plenty of room for storage. Since the current owner moved in, the home has seen several updates including new flooring and fresh paint, giving the home a modern and move-in ready feel. The backyard is landscaped & fully fenced, making it ideal for children and pets. 3-4 Parking spaces at the back. There is enclosed storage located under the deck & access to a massive parking pad that provides plenty of room for vehicles, trailers or even an RV, all with convenient access from the back alley. This property is ideally located close to parks, playgrounds, walking & biking trails, public transit, schools, the YMCA and numerous shopping amenities. This charming and manageable home is perfect for first-time buyers, a single professional or anyone looking to keep life simple and affordable. Easy to maintain while helping keep monthly utility bills and property taxes manageable, making it a great opportunity for buyers looking to stay within a comfortable budget while still enjoying the benefits of home ownership. (id:39198)
● Building Type
House
● Year built
2006
● Square Footage
960 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
3
● Neighbourhood
Johnstone Park
● Land size
--
● Heating type
Forced air, Natural gas, Central heating
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
10 days
Home price
$369,900
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
$3,345/month
The payment includes
Rent
$2,889
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$456
Each month, $456 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
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
Buyback Price
$388,395
Cumulative Down Payment
$10,470
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,470
Buyback Price
$407,815
Cumulative Down Payment
$15,940
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,940
Buyback Price
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
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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