94 Drummond
Red Deer, Alberta T4R3E2
2 beds• 2 baths• 950 sqft
Description
Completely Renovated & Move-In Ready!Welcome to this beautifully updated home tucked away on a quiet close in a desirable Red Deer neighbourhood — the perfect place to start your homeownership journey. This super starter home has been extensively renovated from top to bottom, creating a bright, modern feel the moment you step inside.The stylish kitchen has been fully refreshed with new cabinetry and countertops, offering both function and contemporary appeal. The main floor bathroom has also been tastefully renovated, and the home showcases new interior doors and trim, providing a cohesive, updated look throughout.Major exterior upgrades include shingles replaced within the last three years, giving added peace of mind for years to come.Located on a quiet, low-traffic close, this home offers a safe, family-friendly setting while still being close to parks, schools, and everyday amenities.Truly turnkey, affordable, and ready for immediate possession. (id:39198)
Facts & Features
● Building Type
House
● Year built
2002
● Square Footage
950 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
2
● Neighbourhood
Davenport
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
2 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$399,999
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
$3,631/month
The payment includes
Rent
$3,127
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$463,049
Cumulative Down Payment
$23,152
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,152
Buyback Price
$419,999
Cumulative Down Payment
$11,051
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,051
Buyback Price
$440,999
Cumulative Down Payment
$17,102
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,102
Buyback Price
$463,049
Cumulative Down Payment
$23,152
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,152
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
$3,631/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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