Red Deer, Alberta T4P0S8
3 beds• 3 baths• 1,580 sqft
Immaculate original owner 2 storey home situated in beautiful Timber Ridge, just steps from schools, parks, playgrounds, scenic walking paths around a pond, and the shopping amenities of Timber Ridge and Clearview Market. This 1581 sq ft home shines with pride of ownership and offers a large 24x26 detached garage. The main floor offers a bright, open concept living, dining, and kitchen area that flows beautifully from the moment you step inside, with 9' ceilings, vinyl plank flooring throughout, and a clean, modern feel. The kitchen is a standout feature, boasting dark raised cabinetry, a central island with eating bar, upgraded stainless steel appliances, a granite sink, and a walk-in pantry. Just off the kitchen is a garden door leading directly out to the back deck, and a convenient 2 pce bathroom finishes off the main level. Upstairs, you'll find three nicely sized bedrooms including a spacious primary suite complete with a walk-in closet and private 3 pce ensuite with shower. The two kids bedrooms share their own 4 pce main bath, and laundry is conveniently located on the same level as all the bedrooms. The basement offers roughed in in-floor heat and is open to your future design ideas for a family room, additional bedrooms, and rough ins are in place for a full 4 pce bathroom. Outside, the fully fenced yard is your own private retreat featuring a deck that's perfectly set up for morning coffees, or simply unwinding at the end of the day. The detached 24x26 garage is insulated, drywalled, and taped with a finished ceiling. This spotless home is a pleasure to show! (id:39198)
● Building Type
House
● Year built
2017
● Square Footage
1,580 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
Timber Ridge
● Land size
--
● Heating type
Forced air, In Floor Heating, Natural gas
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
12 days
Home price
$469,900
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
$4,358/month
The payment includes
Rent
$3,680
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$678
Each month, $678 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
$543,968
Cumulative Down Payment
$29,397
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,397
Buyback Price
$493,395
Cumulative Down Payment
$13,132
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,132
Buyback Price
$518,065
Cumulative Down Payment
$21,265
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,265
Buyback Price
$543,968
Cumulative Down Payment
$29,397
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,397
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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