101 Jewell Street
Red Deer, Alberta T4P3W3
2 beds• 2 baths• 920 sqft
Description
A fully developed bi-level across from a park! The tiled front entryway greets you with a window for natural light and a closet for your convenience. Painted kitchen cabinets are complemented by a full tile backsplash, a stainless steel dishwasher (replaced about 2 years ago), reverse osmosis, and a raised eating bar that adjoins the eating area that has a patio door to the back composite deck. The living room has a gas fireplace with a stacked stone surround and a mantle. There are two bedrooms on the main floor and a 4-piece bathroom with laminate flooring and a medicine cabinet. The basement has a third bedroom with laminate flooring and built-in drawers. There is a family room with laminate flooring and a second gas fireplace with wood surround accents and a nook for a mini fridge. The home has a water softener, a newer hot water tank (roughly 2021), 4 windows upstairs and 2 windows downstairs replaced, and the home has been freshly painted. The landscaped backyard features a firepit, a shed, and additional parking. A fantastic location across from the park/greenspace. (id:39198)
Facts & Features
● Building Type
House
● Year built
2000
● Square Footage
920 sqft
● Stories
--
● Bedrooms
2
● Bathrooms
2
● Parking
1
● Neighbourhood
Johnstone Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
60 days
Home price
$354,900
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
$3,202/month
The payment includes
Rent
$2,770
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$432
Each month, $432 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
$410,841
Cumulative Down Payment
$20,542
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,542
Buyback Price
$372,645
Cumulative Down Payment
$10,181
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,181
Buyback Price
$391,277
Cumulative Down Payment
$15,361
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,361
Buyback Price
$410,841
Cumulative Down Payment
$20,542
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,542
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
$3,202/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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