Red Deer, Alberta T4R1J5
3 beds• 3 baths• 1,169 sqft
Location, Location, Location! This amazing home in the heart of BOWER is just steps from Bower Mall, shopping and some of the city’s most beautiful walking paths. Fully finished inside and out, this spacious home features FIVE bedrooms and THREE bathrooms. Enjoy an open concept kitchen, dining and living area perfect for entertaining. The large kitchen accommodates multiple cooks, while the separate dining room overlooks a covered deck—ideal for summer BBQs. The main floor also offers three generously sized bedrooms, including a master with double closets. Main floor laundry for added convenience. The WALK-UP BASEMENT features a cozy family room with a gas fireplace, an oversized bedroom that can double as a study, a fifth bedroom (without closet) and two additional bathrooms. Newer furnace and hot water tank. Outside, enjoy a south-facing, fully fenced yard with a two-tier deck, perfect for family, pets and entertaining. The huge double detached garage is insulated and boarded, with additional parking out back. This home is a true must see and won’t last long! (id:39198)
● Building Type
House
● Year built
1978
● Square Footage
1,169 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Bower
● Land size
--
● Heating type
Forced air, Other
● Basement type
Finished, Full, Separate entrance, Walk-up
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$414,900
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
$3,773/month
The payment includes
Rent
$3,245
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$528
Each month, $528 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
$480,299
Cumulative Down Payment
$24,015
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,015
Buyback Price
$435,645
Cumulative Down Payment
$11,338
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,338
Buyback Price
$457,427
Cumulative Down Payment
$17,677
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,677
Buyback Price
$480,299
Cumulative Down Payment
$24,015
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,015
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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