Red Deer, Alberta T4R3J7
2 beds• 3 baths• 1,350 sqft
TURNKEY AND GREAT LOCATION .Built in 2004 this townhouse has a very open concept with a very pleasing color palette. The kitchen has loads of cupboards, a eating bar above the bar a pot hanger. The living room has a lovely gas fireplace. There is a 2 piece with the laundry. Upstairs are 2 primary bedrooms with separate ensuites and double closets. There is NO carpet in this home. Roughed in for infloor heat in the basement and garage. All appliances stay, the washer and dryer are only 2 years old. The garage is insulated and drywalled. The HWT was new in 2020. Many other upgrades over the years. There are 2 window air conditioners in the basement which will stay. (id:39198)
● Building Type
Row / Townhouse
● Year built
2004
● Square Footage
1,350 sqft
● Stories
2
● Bedrooms
2
● Bathrooms
3
● Parking
1
● Neighbourhood
Anders South
● Land size
--
● Heating type
Forced air, Natural gas, Other
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
9 days
Home price
$360,000
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
$3,250/month
The payment includes
Rent
$2,810
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 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
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
Buyback Price
$378,000
Cumulative Down Payment
$10,279
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,279
Buyback Price
$396,900
Cumulative Down Payment
$15,558
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,558
Buyback Price
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
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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