50 Donald Close


Red Deer, Alberta T4P3E7

2 beds 3 baths 1,170 sqft

Description

FULLY DEVELOPED 3 BEDROOM + DEN, 3 BATHROOM BI-LEVEL ~ WALKOUT BASEMENT W/WEST FACING BACKYARD ~ HEATED DOUBLE ATTACHED GARAGE & HEATED SINGLE DETACHED GARAGE/WORKSHOP ~ Tile foyer with high ceilings welcomes you ~ Vaulted ceilings on the main floor create a feeling of spaciousness ~ The living room features hardwood flooring and has large east facing bay windows that overlook the front yard and treed green space just across the street ~ The kitchen offers a functional layout and has plenty of dark stained cabinets with ample counter space, full tile backsplash, raised eating bar, stainless steel appliances, and a wall pantry ~ Easily host large gatherings in the dining room with garden door access to the covered deck with a BBQ gas line ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, has a huge walk in closet, and a 3 piece ensuite with a walk in shower ~ Second bedroom is also a generous size and is located across from the 4 piece main bathroom ~ Main floor laundry with built in shelving ~ The fully finished walkout basement has large above grade windows, high ceilings and operational in floor heat ~ Large family room with a fireplace with a lighted niche and bar with built in cabinets, seating and a fridge ~ Media room/flex space just off the family room ~ Home office/wine making room has a bank of cabinets and a sink ~ 3rd bedroom with ample closet space ~ 3 piece bathroom is adjacent to a garden door leading to the hot tub and low maintenance backyard with mature trees and tons of deck space ~ Heated double attached garage is insulated, finished with painted drywall and has a man door to the backyard, and has easy access to the detached 20' L x 16' W detached garage/workshop ~ located in a quiet cul-de-sac with a treed green space in the middle, close to schools, parks, walking trails, and shopping. (id:39198)

Facts & Features

● Building Type

House

● Year built

2002

● Square Footage

1,170 sqft

● Stories

--

● Bedrooms

2

● Bathrooms

3

● Parking

5

● Neighbourhood

Davenport

● Land size

--

● Heating type

Forced air, In Floor Heating, Natural gas

● Basement type

Finished, Full, Separate entrance, Walk out

● Parking Type

--

● Time on REALTOR.ca

14 days

Brokerage Name: Lime Green Realty Central

Powered by: REALTOR.ca

Home price

$539,900

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$5,137/month

The payment includes

Rent

$4,235

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$903

Each month, $903 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:

1 year2 years3 years
Year 3

Buyback Price

$625,002

Cumulative Down Payment

$37,500

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$32,500

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

$5,137/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

Show more FAQs

What 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?

Requity Homes logo

Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.