Red Deer, Alberta T4N0N1
2+1 beds• 2 baths• 1,068 sqft
Mountview Bungalow with Fully Developed Lower Level with Separate Entrance, Kitchen and Laundry. Thoughtfully maintained 1,068 sq ft bungalow + 986 sq ft fully developed lower level in highly sought-after Mountview. Main floor offers bright living room with vaulted ceilings, updated kitchen with abundant storage, 2 bedrooms plus versatile flex room (office/guest/hobby), 4pc bath & main-floor laundry. Sliding doors to deck and sunny south-facing fenced backyard. Lower level offers exceptional flexibility with SEPARATE ENTRANCE, large living room, full kitchen, dining area, 1 bedroom, dedicated office, 4pc bath, private laundry & ample storage. Ideal for extended family, guests, or work-from-home setup. Pride of ownership shows: NEW ROOF Spring 2025, vinyl windows, updated furnace with cleaned/inspected ducts, NEW sewer line to street, plumbing camera-inspected & professionally cleaned, new carpet, refreshed tub/surround, fresh front landscaping & new concrete walkway. Original built-in character + natural woodwork. 2 parking (attached carport + off-street) & shed. Steps to schools, parks, shopping, walking/bike paths & minutes to Red Deer Polytechnic. Virtual Staging Disclaimer | Basement photos have been virtually staged to provide design and furniture-placement ideas. The rooms, layout, and permanent features of the home have not been altered. (id:39198)
● Building Type
House
● Year built
1963
● Square Footage
1,068 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
2
● Parking
2
● Neighbourhood
Mountview
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance, Suite
● Parking Type
--
● Time on REALTOR.ca
62 days
Home price
$385,000
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
$3,488/month
The payment includes
Rent
$3,008
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$480
Each month, $480 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
$445,686
Cumulative Down Payment
$22,284
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,284
Buyback Price
$404,250
Cumulative Down Payment
$10,761
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,761
Buyback Price
$424,463
Cumulative Down Payment
$16,523
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,523
Buyback Price
$445,686
Cumulative Down Payment
$22,284
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,284
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.