Red Deer, Alberta T4R3B8
3 beds• 3 baths• 1,194 sqft
Located on a quiet crescent in sought-after SE Red Deer, this fully developed walkout bi-level with two garages delivers space, style, and serious functionality. Step inside to a bright, south-facing living room featuring vaulted ceilings and durable vinyl plank flooring. The updated kitchen makes a statement with two-tone maple cabinetry, quartz countertops, tiled flooring, a black granite sink with garburator, pantry, and stainless steel appliances. The dining area opens to a sunny upper deck finished with newer Duradek and convenient gas lines for BBQing on both levels. The main floor offers two bedrooms, a 4-piece bath, and a spacious primary retreat complete with double closets, a 4-piece ensuite, and direct access to the upper deck. The walkout basement is designed for relaxing and entertaining, featuring a large family/TV area, space for games, an additional bedroom, 4-piece bath, and a generous storage/utility room. Car enthusiasts and hobbyists will love the attached garage PLUS a heated detached garage equipped with 220V and even its own TV setup. Outside, enjoy a low-maintenance, fully fenced yard with poured concrete, storage shed, and minimal grass to keep upkeep easy. Comfort upgrades include in-floor heat and a new air conditioner (2025). Recent improvements also include furnace (2025), hot water tank (2023), Duradek (2023), quartz countertops & kitchen tile (2023), basement flooring (2023), and exterior seasonal strip lighting. Well-maintained, move-in ready, and located in a fantastic neighbourhood—this one checks all the boxes. (id:39198)
● Building Type
House
● Year built
2002
● Square Footage
1,194 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
6
● Neighbourhood
Aspen Ridge
● Land size
--
● Heating type
Forced air, In Floor Heating, Natural gas
● Basement type
Finished, Full, Walk out
● Parking Type
--
● Time on REALTOR.ca
7 days
Home price
$574,900
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
$5,527/month
The payment includes
Rent
$4,512
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,015
Each month, $1,015 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
$665,519
Cumulative Down Payment
$41,552
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,552
Buyback Price
$603,645
Cumulative Down Payment
$17,184
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,184
Buyback Price
$633,827
Cumulative Down Payment
$29,368
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,368
Buyback Price
$665,519
Cumulative Down Payment
$41,552
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,552
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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