Red Deer, Alberta T4P2M2
3 beds• 2 baths• 1,025 sqft
Welcome to this fully finished bi-level located on a quiet close, offering space, comfort, and numerous recent upgrades. This well-maintained home features 5 bedrooms and 2 bathrooms, with 3 bedrooms on the main level and 2 additional bedrooms downstairs—perfect for growing families or those needing extra space.The bright and functional layout includes a spacious lower-level rec room, ideal for entertaining, relaxing, or creating a kids’ play area.Over the past few years, this home has seen extensive upgrades, including all new windows, doors, and siding, enhancing both efficiency and curb appeal. More recent improvements include stylish new vinyl flooring, giving the home a fresh, modern feel.Step outside to enjoy the good-sized backyard, offering plenty of room for outdoor activities, gardening, or additional storage options. Don't miss out on this fantastic home that has so much to offer (id:39198)
● Building Type
House
● Year built
1981
● Square Footage
1,025 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Glendale Park Estates
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
20 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
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.