69 Timberstone Way
Red Deer, Alberta T4P0N8
2+2 beds• 3 baths• 1,042 sqft
Description
Beautifully maintained 4 bed, 3 bath home by Landmark Homes with potential for a 5th bedroom! Triple pane windows flood the open concept main floor with natural light, complemented by vaulted ceilings. Kitchen features dark cabinetry, stainless steel appliances, and a large pantry. King size primary with full en suite, plus a large secondary bedroom and 4 piece bath, and main floor laundry complete the main floor.Basement offers a second living area, flexible bonus space (office, craft room, or easily converted to a 5th bedroom), plus 2 more bedrooms.Upgrades include gas BBQ hookup, HRV, AC, high-efficiency furnace (serviced yearly), tankless hot water tank, and triple pane windows throughout. Outside: freshly stained deck, 4 storage sheds (one a workshop), 2 extra parking spots, and side access for privacy. For active famlies, there is also a park across the street and a bus stop next door, allowing for easy access to public transit. (id:39198)
Facts & Features
● Building Type
House
● Year built
2012
● Square Footage
1,042 sqft
● Stories
--
● Bedrooms
2+2
● Bathrooms
3
● Parking
2
● Neighbourhood
Timberstone
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
53 days
Home price
$409,900
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
$3,726/month
The payment includes
Rent
$3,205
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$520
Each month, $520 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
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
Buyback Price
$430,395
Cumulative Down Payment
$11,242
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,242
Buyback Price
$451,915
Cumulative Down Payment
$17,484
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,484
Buyback Price
$474,510
Cumulative Down Payment
$23,726
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,726
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
$3,726/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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