Red Deer, Alberta T4R1R4
4 beds• 3 baths• 2,182 sqft
Open House Sunday, May 3rd from 3:00 p.m. - 5:00 p.m. On a quiet close facing a green space sits this spacious family friendly home. It's a quiet park location where deer and bunnies can be spotted almost daily. Kids can be seen climbing trees or kicking a soccer ball in the green space. Little ones ride their bikes safely on the street and road hockey games break out regularly. Homes in this location rarely come for sale, it has had the same owners for 36 years. The home is a custom built home with one of a kind curb appeal. It's a spacious 4 bedroom up 2 storey. The home has been well maintained with rubber shingles, high efficiency furnace and hot water tank & central AC. The floor plan offers a main level family room + a living room. For your convenience there is main floor laundry, 2 piece bathroom and a mudroom directly off the garage. The eating area leads out to the huge deck and the super sized peaceful private yard with mature landscaping + maintenance free vinyl fencing. The soaring ceilings & extensive windows make this home stand out. Upstairs offers 4 bedrooms including the primary bedroom with an ensuite and a balcony deck. The lower level is partially finished with 2 dens & offers potential for future redesign to suit your needs. This house is ready for a new family to make it home + offers unique architectural features that could lend itself to incredible renovation options. Located in the Southside neighborhood of Morrisroe the home is walking distance to several schools, parks & shopping.The home does not have poly B plumbing. (id:39198)
● Building Type
House
● Year built
1981
● Square Footage
2,182 sqft
● Stories
2
● Bedrooms
4
● Bathrooms
3
● Parking
4
● Neighbourhood
Morrisroe Extension
● Land size
--
● Heating type
Forced air
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$525,000
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
$4,972/month
The payment includes
Rent
$4,117
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$855
Each month, $855 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
$607,753
Cumulative Down Payment
$35,775
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,775
Buyback Price
$551,250
Cumulative Down Payment
$15,258
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,258
Buyback Price
$578,813
Cumulative Down Payment
$25,517
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,517
Buyback Price
$607,753
Cumulative Down Payment
$35,775
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,775
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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