Red Deer, Alberta T4R2X4
3 beds• 3 baths• 1,273 sqft
Built in 2000 and sitting in one of Red Deer's most established neighbourhoods, this 1,273 sq ft bungalow in Victoria Park checks a lot of boxes for a family looking for a move-in ready home with room to grow. Four bedrooms, three bathrooms, a finished basement, and an attached heated garage — the layout makes sense from the moment you walk in.The main floor has been well maintained and updated over the years. The living room features vinyl flooring, white baseboards, and modern paint — clean and neutral. The kitchen is a functional space with oak cabinets, a built-in pantry, tiled backsplash, stainless appliances, a deep stainless sink, and a centre island that gives you both prep space and gathering space. The dining area sits just off the kitchen with a bright window overlooking the backyard, making the eat-in layout feel open and connected. Main floor laundry with upper cabinetry rounds out the practical side of things, and all bathrooms throughout the home feature modern updated fixtures. The primary bedroom is a fair size with a walk-in closet and a 3-piece ensuite that includes a modern tiled shower with a glass door.Downstairs, the basement is fully developed with a large open living area, pot lights, and surround sound wiring — a solid rec room setup. There's also a fourth bedroom, a 4-piece bathroom with tiled floor and tub surround, and a generous utility/storage room that actually has room to breathe.Outside, the south-facing backyard is well set up. There's a wood deck with vinyl railing and glass inserts, a ground-level cement pad just off the deck, and gravel RV parking with a gate. Mechanically, the home has a high-efficiency furnace, central air conditioning, and a hot water tank replaced in 2022.Victoria Park is a well-regarded area of the city, with large park space nearby, walking distance to both high schools and the Collicutt Centre, and easy access to East Hill Shopping Centre for everyday amenities. Solid home, great location, ready for i ts next family. (id:39198)
● Building Type
House
● Year built
2000
● Square Footage
1,273 sqft
● Stories
1
● Bedrooms
3
● Bathrooms
3
● Parking
2
● Neighbourhood
Anders Park East
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
4 days
Home price
$529,900
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
$5,026/month
The payment includes
Rent
$4,155
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$871
Each month, $871 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
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
Buyback Price
$556,395
Cumulative Down Payment
$15,448
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,448
Buyback Price
$584,215
Cumulative Down Payment
$25,895
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,895
Buyback Price
$613,425
Cumulative Down Payment
$36,343
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$31,343
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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