Red Deer, Alberta T4N5B4
3 beds• 2 baths• 1,124 sqft
Beautifully updated 4-bedroom, 1.5-bath home featuring a fully renovated main floor with a modern open-concept layout. The stunning kitchen offers new cabinetry, quartz countertops, and brand-new appliances, with direct access to a covered deck overlooking the mature, landscaped yard—perfect for relaxing or entertaining. The bright and inviting main floor showcases new vinyl plank flooring, updated lighting, and fresh trim throughout. You’ll find three generously sized bedrooms upstairs, including the primary with an updated 2-piece ensuite. The living and dining areas are filled with natural light, and new windows will soon be installed in the main floor bedrooms and living room for added comfort and efficiency. The partially finished basement provides additional living space with a fourth bedroom, family room, laundry area, and an oversized storage room. Other updates include a new hot water tank and a furnace installed in 2021, offering peace of mind for years to come. Outside, enjoy plenty of parking with a double detached garage plus convenient street parking on two sides of the home. (id:39198)
● Building Type
House
● Year built
1969
● Square Footage
1,124 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
4
● Neighbourhood
Oriole Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$399,900
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
$3,630/month
The payment includes
Rent
$3,126
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$504
Each month, $504 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
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
Buyback Price
$419,895
Cumulative Down Payment
$11,049
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,049
Buyback Price
$440,890
Cumulative Down Payment
$17,098
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,098
Buyback Price
$462,934
Cumulative Down Payment
$23,147
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,147
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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