Red Deer, Alberta T4R2L4
2 beds• 1 bath• 1,029 sqft
Welcome to 28 Dale Close, a rare 50+adult living opportunity in a quiet close in desirable Deer Park. This one-owner, 1,029-square-foot bungalow offers comfortable single-level living with two bedrooms, one full bathroom, a functional crawl space and an attached single garage. Situated on an impressive reverse-pie lot backing green space and Holy Family School, the property features an exceptionally large, fully fenced backyard with beautiful mature landscaping—an ideal setting for gardening, relaxing, entertaining or enjoying time with family and friends in the west while enjoying those beautiful summer sunsets. The home has been well loved and is ready for its next owner to add their new personal touches and updates. Tucked away in a peaceful close where homes rarely become available, this convenient location is close to groceries, shopping, scenic walking trails, the Collicutt Centre and everything Deer Park has to offer. Whether you are downsizing or looking for a manageable home in a welcoming adult community, this property offers outstanding potential, an incredible yard and a location that is difficult to beat. (id:39198)
Home price
$290,000
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
$2,643/month
The payment includes
Rent
$2,316
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$327
Each month, $327 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
$335,711
Cumulative Down Payment
$16,786
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,786
Buyback Price
$304,500
Cumulative Down Payment
$8,929
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$3,929
Buyback Price
$319,725
Cumulative Down Payment
$12,857
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$7,857
Buyback Price
$335,711
Cumulative Down Payment
$16,786
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$11,786
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.