39 Norris Close
Red Deer, Alberta T4P1R2
5 beds• 3 baths• 1,082 sqft
Description
Tucked into a quiet cul-de-sac, this spacious 5-bedroom, 2.5-bath, 4-level split offers space, comfort, and privacy on a large, mature lot backing alley access and facing green space. The bright main floor features a welcoming living room with a cozy wood-burning fireplace, dining area, kitchen with island and large windows that fill the home with natural light. Upstairs includes three well-sized bedrooms, including a primary with a 2-piece ensuite. The lower levels offer two additional bedrooms, a generous family/rec room, plus laundry and ample storage space—perfect for a growing family. Enjoy the outdoors in the large fenced yard with perennial beds, mature trees, and plenty of room to garden or play. Complete with an oversized, heated double garage, this home combines a peaceful setting with convenient access to all city amenities. (id:39198)
Facts & Features
● Building Type
House
● Year built
1977
● Square Footage
1,082 sqft
● Stories
--
● Bedrooms
5
● Bathrooms
3
● Parking
4
● Neighbourhood
Normandeau
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
18 days
Brokerage Name: Coldwell Banker Battle River Realty
Home price
$385,000
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
$3,488/month
The payment includes
Rent
$3,008
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$480
Each month, $480 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
$445,686
Cumulative Down Payment
$22,284
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,284
Buyback Price
$404,250
Cumulative Down Payment
$10,761
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,761
Buyback Price
$424,463
Cumulative Down Payment
$16,523
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,523
Buyback Price
$445,686
Cumulative Down Payment
$22,284
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,284
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
$3,488/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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