Home Rent-to-Own Listings Red Deer, Alberta 4624 49 Street

4624 49 Street

Red Deer, Alberta T4N1T5

3 beds• 2 baths• 1,063 sqft

Description

Take a look at this spacious character home built in 1953 on a huge double lot, fully fenced for your family with mature landscaping, new rear decking and plenty of parking. The front entrance features a south-facing deck and opens to beautiful original hardwood flooring throughout the main floor. You'll be impressed with the tasteful modern updates which were professionally done in 2025. The floor plan of the main living area was tastefully opened up adding a central breakfast bar with microwave oven, gorgeous textured ceiling, brand new kitchen cabinets with gas stove, stainless steel fridge and dishwasher, new sink, countertops, lighting and upgraded wiring. The main bathroom was also refreshed with new tub/ tiled shower surround, vanity, toilet and lighting. There are three spacious bedrooms on the main floor all freshly painted with newer vinyl windows. From the rear entrance and the kitchen, steps lead to a bright family room below with a cozy gas fireplace, tiled flooring, spacious fourth bedroom (no closet), second full bathroom with 36" shower and an extra flex room also with a window. The laundry set is recessed with closet doors in front. Recent further upgrades also include an added electric panel, new waste line to the city service. "Make your home here" in this classic family neighbourhood. (id:39198)

Facts & Features

● Building Type

House

● Year built

1953

● Square Footage

1,063 sqft

● Stories

● Bedrooms

● Bathrooms

● Parking

● Neighbourhood

Parkvale

● Land size

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full

● Parking Type

● Time on REALTOR.ca

0 days

Brokerage Name: Century 21 Maximum

Home price

$399,900

Calculate my rent-to-own affordability

Initial Deposit

I want to start the program with
an initial down payment of

=2%

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

$3,630/month

The payment includes

Rent

$3,126

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:

1 year2 years3 years

Year 3

Buyback Price

$462,934

Cumulative Down Payment

$23,147

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$18,147

Year 1

Buyback Price

$419,895

Cumulative Down Payment

$11,049

• Initial Deposit

$5,000

• Monthly Savings x 12 months

$6,049

Year 2

Buyback Price

$440,890

Cumulative Down Payment

$17,098

• Initial Deposit

$5,000

• Monthly Savings x 24 months

$12,098

Year 3

Buyback Price

$462,934

Cumulative Down Payment

$23,147

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$18,147

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

$3,630/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!

Calculate my rent-to-own affordability See Qualified Home Criteria

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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