Red Deer, Alberta T4R2V8
3 beds• 3 baths• 1,148 sqft
Well-maintained 4 bedroom and 3 bathroom bi-level home located in the desirable subdivision of Devonshire. As you step onto the main floor, you’ll immediately notice the abundance of natural light coming through the south-facing windows and doors, which lead out to a sunny south-facing deck overlooking a large greenspace. The open living and dining area allows plenty of space for hosting friends and family, while the kitchen offers all major appliances along with plenty of cabinet space. The main floor features a full 4-piece bathroom, two generously sized bedrooms, and a spacious primary bedroom complete with its own 3-piece ensuite. Downstairs, you’ll appreciate the comfort of in-floor heating, along with a large 4-piece bathroom, an additional bedroom, and a versatile den/storage—offering plenty of potential for future use and a massive living room/rec area, The attached heated garage includes a man door with convenient access to the side yard and patio area. A sun lover's dream this property has so much to offer and will make a great home or investment property for the next owners! (id:39198)
● Building Type
House
● Year built
2002
● Square Footage
1,148 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
Devonshire
● Land size
--
● Heating type
Forced air, In Floor Heating
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$449,900
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
$4,136/month
The payment includes
Rent
$3,522
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$613
Each month, $613 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
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
Buyback Price
$472,395
Cumulative Down Payment
$12,361
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,361
Buyback Price
$496,015
Cumulative Down Payment
$19,721
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,721
Buyback Price
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
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
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?
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.