Red Deer, Alberta T4N2X2
2 beds• 2 baths• 1,051 sqft
IMMEDIATE POSSESSION AVAILABLE ~ FULLY DEVELOPED 4 BEDROOM, 2 BATHROOM BUNGALOW IN GRANDVIEW ~ AIR CONDITIONING ~ HEATED DOUBLE DETACHED GARAGE ~ East facing front veranda welcomes you and leads to a sunny foyer ~ The living room features hardwood flooring and a large picture window that overlooks the front yard ~ Hardwood floors continue into the dining room where you can easily host large gatherings ~ The kitchen offers an abundance of light stained cabinets, ample counter space including a raised eating bar, full tile backsplash, stainless steel appliances and a large west facing window that overlooks the backyard ~ Rear entry just off the kitchen offers easy access to the basement, rear patio/backyard and the garage ~ Huge primary bedroom with hardwood flooring and tons of natural light can easily accommodate a king size bed plus multiple pieces of furniture or a sitting area, and features mirrored closets ~ 4 piece main bathroom features an air tub ~ Second main flor bedroom is also a generous size ~ The fully finished basement offers a spacious family room with built in cabinets, 2 large bedrooms (one with a built in desk), a den/flex room with a closet, and a 3 piece bathroom with laundry ~ New shingles in 2023 ~ New hot water tank 2024 ~ The fully fenced backyard is landscaped with mature trees, shrubs and perennials, and has plenty of grassy yard space ~ 26' L x 24' W detached garage is insulated, finished with painted drywall and has built in shelving ~ Gravel parking pad behind the garage has space for at least two vehicles ~ Centrally located in a mature neighbourhood, walking distance to all amenities, close to parks and walking trails, and easy access to downtown ~ Pride of ownership shines in this well cared for home! (id:39198)
● Building Type
House
● Year built
1956
● Square Footage
1,051 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
2
● Parking
4
● Neighbourhood
Grandview
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
4 days
Home price
$409,900
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
$3,726/month
The payment includes
Rent
$3,205
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$520
Each month, $520 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
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
Buyback Price
$430,395
Cumulative Down Payment
$11,242
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,242
Buyback Price
$451,915
Cumulative Down Payment
$17,484
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,484
Buyback Price
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
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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