123 Metcalf Avenue


Red Deer, Alberta T4R1T9

3+1 beds• 3 baths• 1,335 sqft

Description

Welcome to 123 Metcalf Ave, a spacious 1,335 sq. ft. four-level split situated on a large lot in Morrisroe, backing directly onto a greenbelt and just steps from a park. This home offers great curb appeal thanks to numerous exterior upgrades, including refinished cedar siding in 2024, triple-pane windows throughout in 2024, shingles updated in 2020, newer front and back doors and around $25,000 of new rooftop solar panels installed in 2020 that provide nearly free electricity costs. Step inside to a bright main living space highlighted by a beautiful vaulted ceiling and a large front window that fills the living room with natural light. The kitchen features white cabinetry, stainless steel appliances, granite countertops, and an adjoining dining area with plenty of space for a large table, making it ideal for hosting family and friends. Upstairs, the spacious primary bedroom features a 3-piece ensuite, walk-through closet, and a second closet, while two additional good-sized bedrooms and a 4-piece bathroom complete the second level. The lower level offers a large family and recreation room highlighted by a beautiful gas fireplace, along with a 3-piece bathroom, laundry room, and an additional room that could be used as a bedroom, although it does not have an egress window. The basement remains open for your finishing touches, with the potential to add another bedroom or two and an additional bathroom. The attached double garage is heated and comes with an EV charger, adding extra convenience for electric vehicle owners. The extra-long driveway also provides plenty of space for multiple vehicles or even an RV. Off the kitchen, a door leads to the side deck and spacious backyard, where the oversized lot provides plenty of room for kids and pets to play, along with garden space and an included shed. Direct access to the greenbelt behind the property connects you to a large park with tennis courts, plenty of green space, and a winter ice rink, all just steps from your b ackyard. Additional updates include a new electrical panel in 2025, the washer and dryer in 2020, dishwasher in 2021, microwave in 2025, and the boiler’s circulation pump and zone valves were replaced in 2025, and the boiler was fully serviced in September 2026. The boiler provides the hydronic heating to the baseboards throughout the home. With more parks, playgrounds, schools, shopping, and the recreation centre nearby, 123 Metcalf Ave offers an ideal blend of privacy, space, efficiency, and everyday convenience in Red Deer’s Morrisroe neighbourhood. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1981

● Square Footage

1,335 sqft

● Stories

--

● Bedrooms

3+1

● Bathrooms

3

● Parking

4

● Neighbourhood

Morrisroe Extension

● Land size

--

● Heating type

Baseboard heaters, Radiant heat, Natural gas

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

47 days

Home price

$410,000

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

$3,727/month

The payment includes

Rent

$3,206

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:

1 year2 years3 years
Year 3

Buyback Price

$474,626

Cumulative Down Payment

$23,731

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$18,731

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

$3,727/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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