Red Deer, Alberta T4N5C2
3 beds• 2 baths• 1,031 sqft
Step into this charming, fully renovated bungalow featuring a versatile basement retreat, perfectly situated on a quiet street in Oriole Park just minutes from schools, parks, and shopping. This beautifully updated 3+2 bedroom home offers a fresh, modern feel from top to bottom, starting with a brand-new kitchen, sleek stainless steel appliances, and all-new flooring and carpet throughout.Major upgrades provide peace of mind for years to come, including a new roof (2025), upgraded insulated siding, and nearly all new windows. The thoughtfully designed lower level adds incredible flexibility—ideal for a growing family, a home office, or hosting overnight guests.Outside, the property truly shines:Double Detached Garage: Ample space for vehicles and storage.Park-like Yard: A spacious outdoor oasis complete with a firepit—perfect for summer evenings.Three Separate Decks: If the south-facing backyard gets warm, retreat to the generous front deck for your morning coffee or unwind with an evening cocktail while watching the neighbourhood settle in.Inside, the layout is both stylish and functional. The lower level offers even more personality with a wet bar, a pool table, and a cozy speakeasy-style room that’s sure to impress. Many furnishings are included or negotiable, making this home even more move-in ready.With its “new-home” feel, finished basement, and exceptional outdoor features, this property is truly a rare find. Homes like this don’t come along often—and they don’t stay on the market long. (id:39198)
● Building Type
House
● Year built
1972
● Square Footage
1,031 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
2
● Neighbourhood
Oriole Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Suite
● Parking Type
--
● Time on REALTOR.ca
11 days
Home price
$424,900
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
$3,868/month
The payment includes
Rent
$3,324
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$544
Each month, $544 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
$491,875
Cumulative Down Payment
$24,594
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,594
Buyback Price
$446,145
Cumulative Down Payment
$11,531
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,531
Buyback Price
$468,452
Cumulative Down Payment
$18,062
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,062
Buyback Price
$491,875
Cumulative Down Payment
$24,594
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,594
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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