Red Deer, Alberta T4P3E6
2 beds• 3 baths• 1,046 sqft
ORIGINAL OWNER HOME ~ FULLY DEVELOPED 4 BEDROOM, 3 BATHROOM BI-LEVEL IN TIMBER RIDGE ~ GATED RV PARKING ~ Landscaped front yard ~ Covered front entry leads to a welcoming foyer with over 12' ceilings and a large closet ~ Open concept main floor layout complemented by vinyl plank flooring ~ The living room features cathedral vaulted ceilings and a large west facing window that allows for natural light to fill the space ~ Easily host large gatherings in the dining room another large window ~ The stylish kitchen offers a functional layout with plenty of two toned cabinets, endless quartz countertops including a peninsula with a counter height eating bar, full tile backsplash, windows above the sink, wall pantry and a garden door to the deck ~ East facing deck with aluminum railings and space for storage below ~ The primary bedroom can easily accommodate a king size bed, has ample closet space, and a convenient 4 piece ensuite ~ Second main floor bedroom is also a generous size and is located next to the 4 piece main bathroom ~ The fully finished basement has large above grade windows, and offers a huge family room, 2 bedrooms, a 4 piece bathroom, walk-in storage closet, and laundry with more space for storage ~ Other great features include; central air conditioning, custom blinds, water softener ~ The fully fenced backyard is landscaped, has a garden shed, plenty of grassy yard space, and a gravel RV parking pad with double gates to the back alley access ~ Located in desirable Timber Ridge, known for it's walkability, numerous schools, parks, playgrounds, walking trails and shopping plazas with excellent shopping and dining ~ Easy access to Balmoral Golf Course, Canyon Ski Resort & Rec Area ~ Pride of ownership is evident! (id:39198)
● Building Type
House
● Year built
2021
● Square Footage
1,046 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
3
● Parking
2
● Neighbourhood
Timber Ridge
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
6 days
Home price
$449,900
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
$4,136/month
The payment includes
Rent
$3,522
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$613
Each month, $613 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
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
Buyback Price
$472,395
Cumulative Down Payment
$12,361
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,361
Buyback Price
$496,015
Cumulative Down Payment
$19,721
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$14,721
Buyback Price
$520,815
Cumulative Down Payment
$27,082
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$22,082
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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