5708 45 Avenue


Red Deer, Alberta T4N3L9

3+1 beds• 3 baths• 1,225 sqft

Description

Welcome to one of Red Deer’s most charming and sought after neighborhoods, where you’re just moments from the river, walking trails, schools, shopping, and everyday amenities. From the moment you enter through the front gate, this home welcomes you with undeniable charm, lush greenery, and a beautiful fountain. The darling front porch and excellent curb appeal set the tone for what awaits inside. Step through the organized entryway and into the heart of the home. The inviting living room features beautiful hardwood floors, large windows that fill the space with natural light, and a warm, cozy atmosphere. Down the hall, gorgeous tile flooring leads to an updated bathroom with stunning finishes. The oversized primary bedroom offers plenty of space and storage, with the added convenience of its own washer and dryer, along with built in cabinetry. The updated and well maintained kitchen ties the main floor together with bright cabinetry and a practical layout, while providing a seamless connection to the incredible backyard. Upstairs, you’ll find two well appointed bedrooms, each featuring charming shiplap ceilings, along with an updated bathroom. The lower level offers a legal suite, providing excellent versatility with its own convenient kitchen, spacious living area, newer flooring, built in storage, and laundry. The true showstopper of this property is the beautifully landscaped yard. With both back and side alley access, mature trees, and an abundance of greenery, the outdoor space feels like your own private sanctuary. A recirculating waterfall and pond, concrete stepping stones, and thoughtfully landscaped surroundings create a peaceful and inviting retreat to enjoy throughout the seasons. Pride of ownership is evident throughout this special property. Completing the package is a double detached garage, offering excellent parking. A truly charming home in an exceptional location, offering character, thoughtful updates, and a backyard you’ll fall in love with. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1947

● Square Footage

1,225 sqft

● Stories

2

● Bedrooms

3+1

● Bathrooms

3

● Parking

4

● Neighbourhood

Waskasoo

● Land size

--

● Heating type

Forced air

● Basement type

Finished, Full, Walk-up, Suite

● Parking Type

--

● Time on REALTOR.ca

60 days

Home price

$390,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$3,536/month

The payment includes

Rent

$3,048

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$488

Each month, $488 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:

1 year2 years3 years
Year 3

Buyback Price

$451,474

Cumulative Down Payment

$22,574

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$17,574

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

$3,536/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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Speak to our team about your eligibility, monthly payments, and
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