394 Teasdale Drive
Red Deer, Alberta T4P0P8
3 beds• 3 baths• 1,462 sqft
Description
MOVE-IN READY | HEATED 22x26 GARAGE w/EXTRA PARKING STALL | STEPS TO PARK ~ Welcome to this well-kept 2-storey in the desirable Timberstone community—ideal for families or first-time buyers looking for space, function, and a great location. Just steps from a playground and close to everyday amenities. ~ The main floor features 9 ft ceilings, an open layout, and large windows that bring in plenty of natural light. The kitchen is built for function with maple cabinetry, stainless appliances, a center island, and corner pantry, all flowing into the dining area with easy access to the backyard and deck—perfect for daily living and entertaining. ~ Upstairs offers 3 bedrooms, including a spacious primary suite with walk-in closet and private ensuite, plus a full 4-piece bathroom for the additional bedrooms. ~ The basement is unfinished with bathroom rough-in and in-floor heat rough-in, giving you the opportunity to build equity and finish it your way. ~ Outside, enjoy a fully fenced yard with a 10x12 deck, a heated 22x26 detached garage, and an additional parking stall beside the garage. (id:39198)
Facts & Features
● Building Type
House
● Year built
2013
● Square Footage
1,462 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
3
● Neighbourhood
Timberstone
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
2 days
Brokerage Name: CIR Realty
Home price
$459,000
Initial Deposit
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
Your Monthly Payment
$4,237/month
The payment includes
Rent
$3,594
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$643
Each month, $643 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$531,350
Cumulative Down Payment
$28,135
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,135
Buyback Price
$481,950
Cumulative Down Payment
$12,712
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,712
Buyback Price
$506,048
Cumulative Down Payment
$20,423
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,423
Buyback Price
$531,350
Cumulative Down Payment
$28,135
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,135
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
$4,237/month
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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