7363 59 Avenue
Red Deer, Alberta T4P2L5
2+1 beds• 2 baths• 927 sqft
Description
Welcome to 7363 59 Avenue, Red Deer—a well-located bi-level home offering 926.98 sq. ft. of above-grade living space and an excellent opportunity for first-time home buyers, growing families, or investors. This single-family detached home features 3 bedrooms and 2 full bathrooms, providing a functional layout with comfortable living spaces for everyday life.Conveniently located close to schools, parks, recreation facilities, shopping, and public transportation, this property offers easy access to many of the amenities families and commuters appreciate. Whether you’re looking for your first home, an investment property, or a project to make your own, this home is worth a look.While some TLC will help bring out its full potential, the solid layout and desirable location provide a great foundation for future updates and personal touches. With vision and creativity, you can transform this property into a home that reflects your style and needs.If you’re searching for an affordable opportunity in an established neighborhood with room to add your own value, 7363 59 Avenue is ready for its next chapter. Book your showing today and discover the possibilities this property has to offer. (id:39198)
Facts & Features
● Building Type
House
● Year built
1981
● Square Footage
927 sqft
● Stories
--
● Bedrooms
2+1
● Bathrooms
2
● Parking
2
● Neighbourhood
Glendale Park Estates
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
83 days
Home price
$299,900
Initial Deposit
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
Your Monthly Payment
$2,739/month
The payment includes
Rent
$2,396
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$343
Each month, $343 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:
Buyback Price
$347,172
Cumulative Down Payment
$17,359
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,359
Buyback Price
$314,895
Cumulative Down Payment
$9,120
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,120
Buyback Price
$330,640
Cumulative Down Payment
$13,239
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,239
Buyback Price
$347,172
Cumulative Down Payment
$17,359
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,359
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
$2,739/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
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Have Questions About Rent-to-Own? Let's Talk.
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