Red Deer, Alberta T4P3W1
3 beds• 4 baths• 1,494 sqft
Located on a quiet close in the highly sought-after community of Oriole Park West, this elegant home offers a wonderful combination of style, space and functionality. The inviting open-concept main floor features a spacious living area, dining space, kitchen and convenient main floor laundry. The dining area provides direct access to the oversized backyard, where a large deck, shed and an abundance of room create a fantastic outdoor space for relaxing and entertaining. There is also excellent access & plenty of room for RV parking or the option to add a second garage.Upstairs you’ll find three bedrooms, including a luxurious primary retreat with vaulted ceilings, large windows that fill the room with natural light and a well-appointed ensuite. The fully finished basement adds valuable living space with a comfortable family room and an upgraded bathroom featuring a beautiful tiled shower. For your comfort there is in floor heating. Oriole Park West is one of Red Deer’s most desirable locations, with Maskepetoon Park and its spectacular walking and biking trails right nearby, while offering easy access in and out of the city and close proximity to a wide range of amenities.If you’re particular about location and looking for a home you’ll be proud to call your own, this beautiful Oriole Park West property deserves a look! (id:39198)
● Building Type
House
● Year built
2005
● Square Footage
1,494 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
4
● Parking
4
● Neighbourhood
Oriole Park West
● Land size
--
● Heating type
Forced air, In Floor Heating, Hot Water
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
60 days
Home price
$489,900
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
$4,581/month
The payment includes
Rent
$3,839
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$742
Each month, $742 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
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
Buyback Price
$514,395
Cumulative Down Payment
$13,904
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,904
Buyback Price
$540,115
Cumulative Down Payment
$22,808
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,808
Buyback Price
$567,120
Cumulative Down Payment
$31,712
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,712
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.