8 Jepsen Crescent
Red Deer, Alberta T4P0A9
2 beds• 2 baths• 865 sqft
Description
Welcome to 8 Jepsen Crescent in Red Deer, Alberta - a surprisingly spacious bi-level home located on a quiet street and situated on a large, corner lot. This fully finished home offers a total of 4 Bedrooms and 2 Bathrooms, with a potential for an additional flex room in the basement, perfect for a home office, gym or extra storage. The bright and open concept lay-out provides comfortable living space for families of all sizes. Recent upgrades include newly painted interior, new appliance and a new Hot Water Tank (2025), offering peace of mind for the new owners. The fully finished basement features in-floor heating, adding extra comfort during Alberta's colder months. Enjoy the convenience of being close to schools, parks, grocery stores and other everyday amenities - making this ideal location for families and investors alike. Don't miss out on this fantastic opportunity to own a well-maintained house on a spacious corner lot in a desirable neighbourhood. (id:39198)
Facts & Features
● Building Type
House
● Year built
2006
● Square Footage
865 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
2
● Neighbourhood
Johnstone Crossing
● Land size
--
● Heating type
Forced air, In Floor Heating, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Brokerage Name: eXp Realty
Home price
$369,900
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
$3,345/month
The payment includes
Rent
$2,889
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$456
Each month, $456 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
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
Buyback Price
$388,395
Cumulative Down Payment
$10,470
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,470
Buyback Price
$407,815
Cumulative Down Payment
$15,940
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,940
Buyback Price
$428,205
Cumulative Down Payment
$21,410
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,410
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
$3,345/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.
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