120 Kentwood Drive
Red Deer, Alberta T4P0A5
2+2 beds• 1 bath• 914 sqft
Description
Welcome home to Kingsgate! This fully finished bi-level delivers 1,714 square feet of beautifully updated living space and immediate possession — the kind of move-in ready opportunity buyers dream of. Fresh paint, new carpet, and new vinyl plank flooring give this 4-bedroom, 2-bathroom home a crisp, modern feel from the moment you walk in, while a freshly precleaned furnace adds even more peace of mind. The main floor is flooded with natural light from large southwest-facing dining room windows, anchored by a kitchen featuring a brand new stainless steel appliance package and pantry space, and a 4-piece bathroom — with a rear deck just steps away, ready for summer BBQs and evening entertaining. Downstairs, oversized windows keep the raised-foundation basement bright and inviting, where a spacious rec room offers room to spread out alongside two massive bedrooms and a second full 4-piece bathroom — ideal for guests, a home office, or extra living space. Outside, enjoy a fully landscaped and fenced backyard with back alley access and a parking pad for extra off-lane parking. With a new roof and new washer and dryer, this home is truly turn-key, and all appliance warranties will transfer to the buyer at closing. Just steps from a park and a block from the newly built St. Lorenzo Ruiz Middle School, with quick access to Hwy 2 and 11A, this is Kingsgate living at its very best — book your showing today! (id:39198)
Facts & Features
● Building Type
House
● Year built
2006
● Square Footage
914 sqft
● Stories
--
● Bedrooms
2+2
● Bathrooms
1
● Parking
2
● Neighbourhood
Kingsgate
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
51 days
Home price
$379,900
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
$3,440/month
The payment includes
Rent
$2,968
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$472
Each month, $472 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
$439,782
Cumulative Down Payment
$21,989
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,989
Buyback Price
$398,895
Cumulative Down Payment
$10,663
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,663
Buyback Price
$418,840
Cumulative Down Payment
$16,326
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,326
Buyback Price
$439,782
Cumulative Down Payment
$21,989
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,989
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
$3,440/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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