Red Deer, Alberta T4R2Y7
3 beds• 3 baths• 1,180 sqft
FULLY DEVELOPED 5 BEDROOM, 3 BATHROOM BI-LEVEL ~ DOUBLE ATTACHED GARAGE ~ SUNNY WEST FACING BACKYARD WITH A 2-TIERED DECK ~ CENTRAL AIR CONDITIONING ~ Mature landscaping in the front yard creates eye catching curb appeal ~ Welcoming tile foyer with high ceilings and convenient access to the attached garage ~ Vaulted ceilings create a feeling of spaciousness ~ The living room offers floor to ceiling bay window that over look the front yard and fill the space with natural light, has a lighted niche, and space for a formal dining table or extra seating ~ The kitchen offers an abundance of oak cabinets, ample counter space, full tile backsplash, window above the sink, a spacious wall pantry, and plenty of space for a large dining table and chairs ~ Garden door access to the sunny west facing 2-tiered deck ~ The primary bedroom can easily accommodate a king size bed plus multiple pieces of large furniture, has a walk in closet and a 3 piece ensuite ~ 2 additional bedrooms are both a generous size and are conveniently located across from a 4 piece bathroom ~ The fully finished basement features large above grade windows and operational in floor heat ~ Generous size family room with space for a games table opens to a media room with built in shelving and sconce lighting ~ 2 huge bedrooms both have ample closet space ~ 4 piece bathroom with an oversized vanity is located next to the laundry room ~ Shingles replaced within the last 3 years ~ The backyard is fully fenced, landscaped with mature trees and shrubs, has a storage shed below the deck, tons of yard space, and back alley access ~ Double attached garage is insulated, finished with painted drywall, and has a man door to the side/backyard ~ Located close to schools, parks, playgrounds and walking trails with easy access to all other amenities ~ This 5 bedroom, 3 bathroom bi-level offers incredible space and layout for a growing family ~ The home has been well loved over the years and provides a great opportunity for th e next owner to bring their own vision and updates ~ Priced accordingly to reflect the opportunity for cosmetic improvements and to build equity (id:39198)
● Building Type
House
● Year built
2001
● Square Footage
1,180 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Davenport
● Land size
--
● Heating type
Forced air, In Floor Heating, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
5 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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