148 Dempsey Street
Red Deer, Alberta T4R2Y9
2+2 beds• 3 baths• 1,087 sqft
Description
IMMACULATE AND MOVE-IN READY! This home has been lovingly cared for by the sellers and is ready for a new family. Now offering this 4 bedroom, 3 bathroom bi-level in a great location in Devonshire. The main floor features a large and bright living room, which is open to the kitchen and dining room. The kitchen was updated with white cabinetry, quartz countertops, vinyl flooring, and new lighting. There's plenty of counter space and a peninsula for your bar stools. The main floor has two bedrooms and two full baths, including the owner's suite, complete with spacious closets and a full ensuite bathroom. You'll love the open stairway to the large family room. It features a gas fireplace for those cozy winter evenings. There's a separate laundry room with cabinetry and window. The third and fourth bedrooms are very spacious and you also have a full bathroom for use downstairs. The yard is fully fenced and houses the 24 X 26 foot garage. The location is prime, close to the bus stop, school bus pick up, and across from Devonshire Park! (id:39198)
Facts & Features
● Building Type
House
● Year built
2000
● Square Footage
1,087 sqft
● Stories
--
● Bedrooms
2+2
● Bathrooms
3
● Parking
2
● Neighbourhood
Devonshire
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
59 days
Home price
$463,000
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
$4,281/month
The payment includes
Rent
$3,626
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$656
Each month, $656 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
$535,980
Cumulative Down Payment
$28,598
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,598
Buyback Price
$486,150
Cumulative Down Payment
$12,866
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$7,866
Buyback Price
$510,458
Cumulative Down Payment
$20,732
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$15,732
Buyback Price
$535,980
Cumulative Down Payment
$28,598
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$23,598
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
$4,281/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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