44 Norwest Close
Red Deer, Alberta T4P2A2
3 beds• 3 baths• 1,286 sqft
Description
A well-designed four-level split truly can do it all—and this lovingly cared-for home proves it. Tucked away in a quiet close, it strikes the perfect balance between functional interior space (over 2100 finished square feet!!!) and a backyard built for enjoyment (over 7800 sq ft!!). The second level offers private bedroom spaces, while the main floor family room connects effortlessly to the kitchen, making gatherings feel natural and comfortable.Downstairs, the lower level and basement offer flexible space ready to become whatever you need—playroom, gym, theatre, games room, or more. Outside, you’ll find a spacious front porch, a fenced backyard with mature trees for privacy, a convenient parking pad, and attractive low-maintenance landscaping. Completing the package is a stunning four-tier deck that creates an exceptional outdoor living experience. (id:39198)
Facts & Features
● Building Type
House
● Year built
1979
● Square Footage
1,286 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
3
● Parking
7
● Neighbourhood
Normandeau
● Land size
--
● Heating type
--
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
5 days
Brokerage Name: Coldwell Banker OnTrack Realty
Home price
$454,900
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
$4,191/month
The payment includes
Rent
$3,562
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$629
Each month, $629 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
$526,604
Cumulative Down Payment
$27,660
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,660
Buyback Price
$477,645
Cumulative Down Payment
$12,553
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,553
Buyback Price
$501,527
Cumulative Down Payment
$20,107
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,107
Buyback Price
$526,604
Cumulative Down Payment
$27,660
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,660
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
$4,191/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
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