3905 46 Street


Red Deer, Alberta T4J1B5

2+1 beds• 2 baths• 820 sqft

Description

This property is available now, pick your tenants and set your rent. The main floor has 2 bedrooms, one 4 piece bathroom that has just been completed renovated with new tub and surround, new vanity , fixture, new GFI plug and bathroom fan has been added. The Kitchen cabinets were just repainted and refinished with new hardware, new counter tops and new sink. There is a side entrance off the kitchen and a separate laundry area and the front door just replaced. The basement is able to be rented separately. It has a separate entrance from the rear. One bedroom, a living room space , a 3 piece bathroom , kitchen and dining area and has a separate laundry. There is also an area at the bottom of the stairs could be used for storage. New kitchen cabinets, backsplash tile and Microwave have just been installed in the basement. All the windows in the basement , basement entrance windows, main living room and both upstairs bedrooms have been replaced with new. The exterior was repainted 1 year ago and new eavestroughs were just installed. Shingles were replaced in 2016. There is rear alley access and a parking pad out back. The home was built on 2 lots so there is lots of room to build a garage. Foundation is concrete slab with cinder block walls. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1953

● Square Footage

820 sqft

● Stories

1

● Bedrooms

2+1

● Bathrooms

2

● Parking

2

● Neighbourhood

Eastview

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full, Separate entrance, Walk-up, Suite

● Parking Type

--

● Time on REALTOR.ca

159 days

Home price

$326,800

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

$2,934/month

The payment includes

Rent

$2,548

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

Monthly Savings

$387

Each month, $387 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

$378,312

Cumulative Down Payment

$18,916

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$13,916

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

$2,934/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.

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