3333 43 Avenue
Red Deer, Alberta T4N3B2
3 beds• 2 baths• 1,371 sqft
Description
This bright 3+1 bedroom, 2-bathroom bungalow offers great potential and immediate possession. The bright and open-concept living/dining room is flooded with natural light from the floor to ceiling windows and has a walkout to the back deck—perfect for entertaining or relaxing outdoors. The kitchen has a generous amount of solid wood cabinets and plenty of counter space, including a convenient peninsula. Downstairs you have a large rec room, complete with a built-in vintage wet bar. There is a fourth bedroom, office or kids play room, a 4 piece bathroom and ample storage space. This home also has a detached double garage, a front paved driveway (parking for 2), central air conditioning and a shed, while the yard is beautifully landscaped with trees and shrubs. (id:39198)
Facts & Features
● Building Type
House
● Year built
1962
● Square Footage
1,371 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
6
● Neighbourhood
Mountview
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
3 days
Brokerage Name: Century 21 Maximum
Home price
$400,000
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
$3,631/month
The payment includes
Rent
$3,127
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.
Buyback
Here is the final price if I buy the house after:
Buyback Price
$463,050
Cumulative Down Payment
$23,153
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,153
Buyback Price
$420,000
Cumulative Down Payment
$11,051
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,051
Buyback Price
$441,000
Cumulative Down Payment
$17,102
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,102
Buyback Price
$463,050
Cumulative Down Payment
$23,153
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,153
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
$3,631/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
Recently Listed Homes in Red Deer, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat 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?
Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.