6007 59 Street
Red Deer, Alberta T4N5L1
3 beds• 2 baths• 956 sqft
Description
Looking for a Beautifully Renovated, LEGALLY Suited Property with a 1 Year Old Detached Garage at an excellent price? Look no further, the renovations have just been completed, with a Brand New Roof, new paint, flooring, 2 new kitchens, bathrooms, trim, appliances, etc. Ready for new tenants!!! 3 Bedrooms up and 1 large bedroom down with walk in closet making this a perfect property to add to your portfolio! (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
1973
● Square Footage
956 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
2
● Parking
1
● Neighbourhood
Riverside Meadows
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full, Separate entrance, Suite
● Parking Type
--
● Time on REALTOR.ca
1 day
Brokerage Name: Realty Executives Alberta Elite
Home price
$299,900
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
$2,739/month
The payment includes
Rent
$2,396
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$343
Each month, $343 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
$347,172
Cumulative Down Payment
$17,359
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,359
Buyback Price
$314,895
Cumulative Down Payment
$9,120
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,120
Buyback Price
$330,640
Cumulative Down Payment
$13,239
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,239
Buyback Price
$347,172
Cumulative Down Payment
$17,359
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,359
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
$2,739/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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Have Questions About Rent-to-Own? Let's Talk.
Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.