Red Deer, Alberta T4R1S8
2+1 beds• 2 baths• 957 sqft
Welcome to this well-designed home offering a functional layout and excellent location. The upper level features 2 bedrooms, while the lower level includes a massive primary suite complete with a walk-in closet and 4-piece ensuite, creating a private and spacious retreat.The home is ideally situated with no neighbours behind, backing onto a treed alley that adds privacy and a more open feel. Everyday convenience is right at your doorstep with major shopping across the street, making this an appealing option for buyers looking for both comfort and accessibility. Detached double garage was built in 2011. This property combines practical living space with a desirable setting, making it a great fit for families, first-time buyers, or anyone looking for a home with a unique and functional floor plan. (id:39198)
Home price
$369,000
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
$3,336/month
The payment includes
Rent
$2,882
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$454
Each month, $454 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
$427,164
Cumulative Down Payment
$21,358
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,358
Buyback Price
$387,450
Cumulative Down Payment
$10,453
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,453
Buyback Price
$406,823
Cumulative Down Payment
$15,905
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,905
Buyback Price
$427,164
Cumulative Down Payment
$21,358
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,358
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.