6343 58 Ave Avenue West
Red Deer, Alberta T4P1J1
3 beds• 2 baths• 912 sqft
Description
Discover incredible value in this spacious five-bedroom, two-bathroom half-duplex, perfectly positioned for families or investors seeking both comfort and affordability. The main level greets you with a bright, expansive living room anchored by an upgraded vinyl window, flowing seamlessly into a generous dining area and a kitchen featuring cabinetry and countertops updated in 2012. Durable vinyl flooring and modern baseboards run throughout this level, which hosts three well-appointed bedrooms and a full four-piece bathroom. For those who enjoy a morning coffee or a quiet evening outdoors, one of the main-floor bedrooms offers direct access to a charming, covered deck.The living space extends into the fully finished basement, which provides two additional bedrooms equipped with code-compliant exit windows for your peace of mind. This lower level is rounded out by a three-piece bathroom, a cozy family room, and a versatile playroom that can easily adapt to your lifestyle needs. Significant mechanical attention has been paid to the home as well, including a major electrical overhaul in the summer of 2021 to modernize the power supply and ensure long-term reliability.The exterior of the property is just as impressive, featuring a large, fully fenced backyard that serves as a private oasis with mature bushes, lush vegetation, and thoughtful landscaping. Situated in a prime location within walking distance to the G.H. Dawe Community Centre, local schools, parks, and major shopping hubs, this home offers the perfect blend of convenience and quiet residential living. All ready for its new owner! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1978
● Square Footage
912 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Highland Green
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
6 days
Brokerage Name: Royal LePage Network Realty Corp.
Home price
$267,900
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
$2,428/month
The payment includes
Rent
$2,136
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$292
Each month, $292 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
$310,128
Cumulative Down Payment
$15,506
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,506
Buyback Price
$281,295
Cumulative Down Payment
$8,502
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,502
Buyback Price
$295,360
Cumulative Down Payment
$12,004
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,004
Buyback Price
$310,128
Cumulative Down Payment
$15,506
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$10,506
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
$2,428/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
Recently Listed Homes in Red Deer, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.