Red Deer, Alberta T4R2E9
4 beds• 3 baths• 2,156 sqft
Welcome to 87 Denison Crescent in Deer Park, a true family home in a sought-after neighbourhood.Stepping inside, you’re immediately greeted by a striking two-storey foyer with an open second-floor landing, creating a strong sense of space from the moment you enter. To the right, a formal sitting room with vaulted ceilings flows into the dining area—an ideal setup for hosting or family gatherings—complete with newly installed blinds throughout.The dining room connects to the kitchen, featuring quartz countertops, a new stove, and a new refrigerator, along with a bright breakfast nook. The kitchen and nook overlook the sunken family room, creating a comfortable, connected space centred around the wood paneling and brick fireplace. Patio doors lead to the west-facing backyard and deck, perfect for enjoying afternoon and evening sun.Heading back towards the front of the home, you’ll find access to the basement, a 2-piece bathroom, and a flexible main floor bedroom or office. The main level is completed by the laundry area and direct access to the attached garage.Upstairs, the sweeping staircase leads to a spacious primary bedroom with an oversized ensuite featuring a soaker tub and separate shower. Two additional generously sized bedrooms and a full 4-piece bathroom provide a functional layout for families.The basement is mostly unfinished, offering a great opportunity to develop the space to your needs, and already includes a new furnace, newer hot water tank and no poly-b. With its generous size, functional layout, and location on one of Deer Park’s most desirable crescents, this home offers an excellent opportunity to move into a well-established neighbourhood and make it your own over time. (id:39198)
● Building Type
House
● Year built
1988
● Square Footage
2,156 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
3
● Parking
4
● Neighbourhood
Deer Park Village
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
2 days
Home price
$512,000
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
$4,827/month
The payment includes
Rent
$4,014
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$813
Each month, $813 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
$592,704
Cumulative Down Payment
$34,270
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,270
Buyback Price
$537,600
Cumulative Down Payment
$14,757
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,757
Buyback Price
$564,480
Cumulative Down Payment
$24,514
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$19,514
Buyback Price
$592,704
Cumulative Down Payment
$34,270
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$29,270
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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