127 Lyons Close
Red Deer, Alberta T4R3P6
3 beds• 2 baths• 1,291 sqft
Description
Welcome to 127 Lyons Close in Red Deer, Alberta — a bright and inviting 2-storey half duplex located on a quiet close in an excellent location. Built in 2004 and offering 1,291 square feet, this home combines great curb appeal, a smart floor plan, and comfortable everyday living. The main floor features convenient laundry, laminate flooring throughout, bright windows, and a functional layout that makes excellent use of the space. The primary bedroom includes a walk-in closet, while the large deck and fully fenced south-facing backyard provide a great outdoor area for relaxing, entertaining, or enjoying the sun. New roof to be installed at the end of September. Seller does own both sides of Duplex if an Investor is interested. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2004
● Square Footage
1,291 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
2
● Parking
3
● Neighbourhood
Lancaster Green
● Land size
--
● Heating type
Natural gas, Other
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
60 days
Home price
$334,900
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
$3,011/month
The payment includes
Rent
$2,612
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$400
Each month, $400 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
$387,689
Cumulative Down Payment
$19,384
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,384
Buyback Price
$351,645
Cumulative Down Payment
$9,795
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,795
Buyback Price
$369,227
Cumulative Down Payment
$14,590
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,590
Buyback Price
$387,689
Cumulative Down Payment
$19,384
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$14,384
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
$3,011/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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