Red Deer, Alberta T4R2P5
3 beds• 3 baths• 1,267 sqft
Welcome to this extremely well cared for, fully finished 4-bedroom, 3-bathroom bi-level home with Central Air Conditioning in the desirable community of Deer Park—ready for its next owners to move in and enjoy. This thoughtfully maintained home has seen numerous upgrades over the years, including fresh paint throughout the main floor, trim, and basement walls. Enjoy year-round comfort with a high-efficiency furnace and dual-zone heating system, allowing separate temperature control for both levels. Additional updates include a 50-gallon hot water tank (2016), Delta subfloor system, triple-glazed windows with sun-blocking features on the west and south exposures, and low-maintenance vinyl fencing installed in 2021. Step inside to a spacious entryway that leads into a bright, open-concept layout featuring vaulted ceilings across the main living areas. The inviting living room is highlighted by a large bay window, seamlessly connecting to the generous dining space and well-appointed kitchen. The kitchen offers classic oak cabinetry with crown mouldings, a full tile backsplash, wall pantry, and additional pantry storage—plus convenient access to the south-facing sundeck through garden doors. The main floor features three well-sized bedrooms, including a primary retreat complete with a walk-in closet and private 3-piece ensuite. The main bathroom includes a relaxing jetted tub. The fully developed lower level offers incredible flexibility with a large family/games/fitness area, a fourth bedroom, and a full 4-piece bathroom—perfect for guests or growing families. Outside, you’ll appreciate the beautifully maintained yard, storage shed, and durable vinyl fencing for easy upkeep. Located just a few blocks from parks, schools, shopping, and restaurants, this home offers the perfect blend of comfort, functionality, and convenience. Recent improvements also include updated kitchen countertops, faucet, and washer & dryer. (id:39198)
● Building Type
House
● Year built
1998
● Square Footage
1,267 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
Deer Park Village
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Walk-up
● Parking Type
--
● Time on REALTOR.ca
9 days
Home price
$479,900
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
$4,469/month
The payment includes
Rent
$3,760
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$710
Each month, $710 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
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
Buyback Price
$503,895
Cumulative Down Payment
$13,518
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,518
Buyback Price
$529,090
Cumulative Down Payment
$22,036
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,036
Buyback Price
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
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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