6739 59th Avenue
Red Deer, Alberta T4P1B1
2+1 beds• 3 baths• 1,249 sqft
Description
Spacious Fully Finished Bungalow with Paved RV Parking, Detached Garage, Separate Basement Entrance, Dual Laundry Facilities on a Large (9000 Sq Ft) RD Zoned Lot. You will love the Large Bedrooms including a Mater Bedroom with 2 Piece Ensuite. Convenient Main Floor Laundry, and a Formal Dining Room that could easily be used as a 3rd Bedroom on the Main Floor. There is a Large Kitchen with ample Cupboards and counterspace. The Fully Finished Basement Features another Large Bedroom, Family Room, Full Bathroom, Second Set of Laundry Facilities, and tons of storage space. Most of the windows have been replaced plus Vinyl Siding has been added. Don’t miss this great move in ready home with Great Future Investment Potential. (id:39198)
Facts & Features
● Building Type
House
● Year built
1975
● Square Footage
1,249 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
3
● Parking
3
● Neighbourhood
Normandeau
● Land size
--
● Heating type
Natural gas, Other
● Basement type
Finished, Full, Separate entrance
● Parking Type
--
● Time on REALTOR.ca
73 days
Home price
$374,900
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
$3,392/month
The payment includes
Rent
$2,928
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$464
Each month, $464 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
$433,994
Cumulative Down Payment
$21,700
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,700
Buyback Price
$393,645
Cumulative Down Payment
$10,567
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,567
Buyback Price
$413,327
Cumulative Down Payment
$16,133
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,133
Buyback Price
$433,994
Cumulative Down Payment
$21,700
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,700
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
$3,392/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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