244 Thomlison Avenue


Red Deer, Alberta T4P3E6

3 beds 3 baths 1,177 sqft

Description

FULLY FINISHED 4 BEDROOM, 3 BATHROOM BI-LEVEL ~ HEATED DETACHED GARAGE ~ WEST FACING BACKYARD ~ Covered front entry welcomes you and leads to a sun filled foyer ~ Open concept main floor layout is complemented by vaulted ceiling and vinyl plank flooring ~ The living room is centred by a cozy fireplace with a mantle above and opens to the dining space where you can easily accommodate large gatherings ~ The U-shaped kitchen offers a functional layout with plenty of white cabinets, ample counter space including an island with an eating bar, full tile backsplash, and a wall pantry ~ Garden door access from the kitchen leads to the covered deck and backyard ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of furniture, has a spacious walk in closet, and a convenient 4 piece ensuite ~ 2 additional bedrooms located on the main level are both a generous size with ample closet space ~ 4 Piece main bathroom ~ The fully developed basement with large above grade windows offers a huge L-shaped family room, 4th bedroom, laundry, and space for storage ~ The sunny west facing backyard is landscaped, and mostly fenced with a large parking pad (room for an RV) and back alley access ~ Heated garage is insulated, finished with painted drywall, and has built in shelving ~ 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. (id:39198)

Facts & Features

● Building Type

House

● Year built

2019

● Square Footage

1,177 sqft

● Stories

--

● Bedrooms

3

● 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

5 days

Brokerage Name: Lime Green Realty Central

Powered by: REALTOR.ca

Home price

$474,900

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

$4,414/month

The payment includes

Rent

$3,720

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$694

Each month, $694 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

$549,756

Cumulative Down Payment

$29,976

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$24,976

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

$4,414/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

Show more FAQs

What kind of homes do you have?

Is there a down payment required for rent-to-own?

How does the Pricing work?

How does rent-to-own work?

what are the requirements for rent-to-own?

What is the interest rate?

Requity Homes logo

Have Questions About Rent-to-Own? Let's Talk.

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.