Red Deer, Alberta T4R1M2
3 beds• 3 baths• 1,146 sqft
IMMEDIATE POSSESSION AVAILABLE ~ FULLY DEVELOPED 4 BEDROOM + DEN, 3 BATHROOM 4-LEVEL SPLIT ~ 2 DOUBLE GARAGES + GATED RV PARKING ~ HOT TUB ~ Large front yard with mature landscaping, huge front deck and facing a treed green space ~ The open concept main living space is filled with natural light from the large picture window that overlooks the front yard ~ The eat in kitchen offers an abundance of cabinet space, ample counter space, window above the sink, large island with an eating bar on all sides, plus garden door access to the covered deck and west facing backyard ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, has a walk in closet and an updated 3 piece ensuite with a walk in shower ~ 2 additional bedrooms on the upper level share a 4 piece bathroom with an oversized vanity and linen closet ~ The lower level has large above grade windows and features a spacious family room with a stone faced fireplace, updated 3 piece bathroom, 4th bedroom and a mud room with access to the heated double attached garage ~ The basement has a large laundry room, utility room, storage room with built in shelving, and a hidden door to a den ~ Sunny west facing backyard has two decks, one covered and one with a pergola, has gated RV parking and tons of side street access ~ Attached garage has high ceilings, built in shelving and a convenient man door to the backyard ~ 26' L x 24' W detached garage has two overhead doors, is insulated and finished with OSB ~ Located close to excellent shopping and dining, plus parks, walking trails and green spaces just steps away! (id:39198)
● Building Type
House
● Year built
1979
● Square Footage
1,146 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
3
● Parking
6
● Neighbourhood
Bower
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, None
● Parking Type
--
● Time on REALTOR.ca
26 days
Home price
$575,900
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
$5,538/month
The payment includes
Rent
$4,520
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$1,019
Each month, $1,019 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
$666,676
Cumulative Down Payment
$41,668
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,668
Buyback Price
$604,695
Cumulative Down Payment
$17,223
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$12,223
Buyback Price
$634,930
Cumulative Down Payment
$29,445
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$24,445
Buyback Price
$666,676
Cumulative Down Payment
$41,668
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$36,668
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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