192 Reichley Street
Red Deer, Alberta T4P3S8
2 beds• 3 baths• 1,227 sqft
Description
This immaculately maintained home is the kind that instantly impresses from the moment you step inside. The main floor welcomes you with a BRIGHT, OPEN-CONCEPT design centered around a STUNNING KITCHEN-complete with a generous island, sleek stainless-steel appliances, a convenient wall pantry, and added luxury of reverse osmosis. It flows effortlessly into a spacious living room, creating the perfect setting for both everyday comfort and entertaining. The primary bedroom is a true retreat, featuring a walk-in closet and a private three-piece ensuite. A second bedroom and a well appointed four-piece bathroom on the main floor offer flexibility for guests, and family. Downstairs, the fully developed basement expands your living space even further, boasting a LARGE FAMIY ROOM that's ready for relaxation or fun - highlighted by a POOL TABLE that invites memorable gatherings. You'll also find a third bedroom, an additional four-piece bathroom, and a full size laundry room with direct access to the garage, adding convenience and functionality! Every detail in this home reflects care and pride of ownership. Other great features you don't want to miss: OPERATIONAL IN-FLOOR HEAT, AIR CONDITIONING, 2 NEWER HWT (2023 & 2025) Kinetico water filtration system-water softener, Freshly painted edgecomb grey on main floor, neutral color choices for all your decor, large patio with gas line, FENCED YARD and perfectly situated in a great neighborhood, major bus routes, shopping and schools. A must-see home!!! (id:39198)
Facts & Features
● Building Type
House
● Year built
1998
● Square Footage
1,227 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
3
● Parking
4
● Neighbourhood
Rosedale Meadows
● Land size
--
● Heating type
Forced air, In Floor Heating, Natural gas
● Basement type
Finished, Full, Walk-up
● Parking Type
--
● Time on REALTOR.ca
0 days
Brokerage Name: RE/MAX real estate central alberta
Home price
$465,000
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
$4,304/month
The payment includes
Rent
$3,642
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$662
Each month, $662 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
$538,296
Cumulative Down Payment
$28,830
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,830
Buyback Price
$488,250
Cumulative Down Payment
$12,943
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,943
Buyback Price
$512,663
Cumulative Down Payment
$20,886
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,886
Buyback Price
$538,296
Cumulative Down Payment
$28,830
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,830
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
$4,304/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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