Red Deer, Alberta T4R2C6
2+2 beds• 2 baths• 1,029 sqft
ALMOST 2,000 SQ FT OF LIVING SPACE | 4 BEDS | 2 FULL BATHS | HEATED DOUBLE GARAGE | CORNER LOT | NO POLY-B | MAIN AND LOWER LEVEL LAUNDRY Welcome to this charming and beautifully maintained bungalow situated on a desirable corner lot in Eastview Estates. With its inviting front veranda, heated oversized double detached garage, and numerous updates throughout, this home is waiting for its next owner.Recent improvements include POLY-B REMOVED, updated laminate flooring, retextured ceilings, kitchen enhancements, new closet doors, and a newer 4-piece main bathroom. Natural light pours through the large bay window in the living room, creating a warm and welcoming atmosphere. The bright kitchen features its own bay window overlooking the breakfast nook, making it the perfect place to enjoy your morning coffee.Step outside to the fenced side yard where you'll find a spacious no-maintenance composite deck, ideal for summer BBQs and relaxing afternoons in the sun. The main lever includes two bedrooms and laundry for single level living.The fully developed basement offers additional living space, including a finished laundry room with new tile flooring, a 3-piece bathroom, a soundproof theatre room, and a generously sized third bedroom (non-egress window). Ample storage space completes the lower level.Conveniently located within walking distance to the elementary school and community hall, and just minutes from shopping, dining, and everyday amenities. Corner lot with the added benefit of extra parking, ideally located south of the river in sought-after Eastview Estates. This established neighbourhood is known for its mature trees and quiet streets, while residents love the walkability, excellent schools, nearby parks and easy access to major routes. (id:39198)
Home price
$389,900
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
$3,535/month
The payment includes
Rent
$3,047
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$488
Each month, $488 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
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
Buyback Price
$409,395
Cumulative Down Payment
$10,856
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,856
Buyback Price
$429,865
Cumulative Down Payment
$16,712
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,712
Buyback Price
$451,358
Cumulative Down Payment
$22,568
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,568
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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next steps toward homeownership.