Red Deer, Alberta T4N2L2
3+2 beds• 2 baths• 1,010 sqft
Welcome to this well maintained duplex! The main floor features beautiful vaulted ceilings, fresh paint, well maintained laminate flooring, and a bright, functional layout. The kitchen has been thoughtfully refreshed and modernized, featuring oak cabinetry and a lovely archway that creates a seamless flow into the adjoining living space. Step outside through the sliding screen door onto the spacious deck and enjoy the peaceful surroundings of this quiet neighbourhood. The upper level offers three well appointed bedrooms and a full bathroom. Downstairs, you’ll find a large living area, functional kitchen with lots of storage, two additional bedrooms, a bathroom, and large windows. The yard is low maintenance and designed for easy enjoyment, with a large deck and convenient rear parking. Notable updates include a newer roof (2016) and newer windows (approximately 2021). A great opportunity with plenty of space, functionality, and potential! (id:39198)
Home price
$310,000
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
$2,774/month
The payment includes
Rent
$2,415
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$360
Each month, $360 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
$358,864
Cumulative Down Payment
$17,943
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,943
Buyback Price
$325,500
Cumulative Down Payment
$9,314
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,314
Buyback Price
$341,775
Cumulative Down Payment
$13,629
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$8,629
Buyback Price
$358,864
Cumulative Down Payment
$17,943
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$12,943
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.