Red Deer, Alberta T4R0B5
2 beds• 3 baths• 1,157 sqft
Beautifully maintained and upgraded bungalow offering a bright and functional open-concept layout, high vaulted ceilings, a spacious front porch and a fully developed basement, with over 2,200 sqft of total developed living space all set on a large lot with excellent eye catching landscaping and curb appeal. The main floor features hardwood flooring throughout the kitchen, dining, and living areas, with a bright and inviting living room centred around a gas fireplace. The kitchen is well-equipped with a corner pantry, granite countertops, stainless steel appliances including a Bosch dishwasher (2023), a new microwave (2025), and a recently updated kitchen sink (2025), along with ample cabinetry and workspace. The primary bedroom offers comfortable space with a large walk-in closet and an ensuite featuring heated tile flooring. A bright second bedroom with French glass doors and full bathroom complete the main level. The fully developed basement features 9-foot ceilings, cork flooring and large windows that bring in natural light, offering 2 additional bedrooms, a full bathroom, family room plus a versatile flex room that can be used as a bedroom, storage, office, or gym. Step outside to enjoy the 16x16 covered deck perfect for year-round use with privacy walls, a natural gas line for BBQ and storage under the deck. The expansive fully fenced backyard offers plenty of space to relax or entertain, complete with a large storage shed, fire pit and firewood included. The huge parking pad at the back can park up to 4 vehicles or a large RV. Additional highlights include central air conditioning, and newer roof approximately 4 years old. Located on a quiet street , this home offers excellent everyday convenience. Just a 3-minute walk to the nearest bus stop, with quick access to major amenities including Sobeys, Save-On-Foods, Walmart Supercentre, Bower Place Mall, and Real Canadian Superstore all within a short drive. Several schools are also nearby including Don Campbell Elementary School, Creekside Creative Academy, Hunting Hills High School making it a great option for families. A few minutes walk takes you to a large neighbourhood park with a playground, basketball courts and walking/bike paths. The Collicutt Centre is 5 minutes away, offering a full recreation facility with fitness, pool, and more. (id:39198)
● Building Type
House
● Year built
2006
● Square Footage
1,157 sqft
● Stories
1
● Bedrooms
2
● Bathrooms
3
● Parking
2
● Neighbourhood
Ironstone
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 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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