Red Deer, Alberta T4R1S7
3+1 beds• 3 baths• 1,244 sqft
LOCATION! PRIDE OF OWNERSHIP! Buyers can have peace of mind that comes from purchasing a home that has been cherished, consistently cared for, and enjoyed by its current owners for decades! It has had thoughtful updates, and attention to maintenance that can be difficult to find. Some of the updates over the years include shingles, vinyl windows, hardwood floors, appliances, granite, tile, bathroom updates, and interior and exterior paint. Hardwood floors, custom blinds, stainless appliances, and granite countertops adds elegance to this home. Open stairwell to large living spaces, including an inviting kitchen with timeless style and functionality. Beautiful raised panel oak cabinetry adds warmth, character, and the pantry offers abundant storage space. 3 bedrooms on the main with the primary having a 3 piece ensuite. The lower level has big windows with views of the lush landscaped yard. There is a brick facing wood burning fireplace in the family room and a bar with stools for gathering around. Potential 4th bedroom in lower level is large and currently being used as a billiards room. (No closet) There is a seperate basement entry that adds exceptional versatility and value to this home-whether you are looking for enhanced privacy for guests, a home-based business setup-or future development potential (subject to municipal approvals). The backyard is designed for relaxation and enjoyment with its two-tier deck and fenced yard. Situated on a crescent close to the desirable schools (Maryview, Annie L Gaetz, and St Thomas Aquinas Middle School) and Mclean Park and other recreation facilities. (id:39198)
● Building Type
House
● Year built
1981
● Square Footage
1,244 sqft
● Stories
1
● Bedrooms
3+1
● Bathrooms
3
● Parking
4
● Neighbourhood
Morrisroe Extension
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
124 days
Home price
$479,900
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
$4,469/month
The payment includes
Rent
$3,760
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$710
Each month, $710 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
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
Buyback Price
$503,895
Cumulative Down Payment
$13,518
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,518
Buyback Price
$529,090
Cumulative Down Payment
$22,036
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,036
Buyback Price
$555,544
Cumulative Down Payment
$30,554
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$25,554
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.