6749 59 Avenue
Red Deer, Alberta T4P1B1
2+1 beds• 1 bath• 853 sqft
Description
Welcome to this well cared for home in Normandeau, offering a great opportunity for first-time buyers or investors looking for space, updates, and a large lot in a mature neighbourhood. Located close to schools, shopping, and with easy access to 67th Avenue, this home offers everyday convenience in a well established area. The main floor offers an updated kitchen with bamboo block countertops, newer appliances, and refreshed cabinetry, along with updated vinyl plank flooring and a renovated bathroom. A bright living area and spacious primary bedroom complete a comfortable, functional layout. The partially finished basement adds valuable living space with a second family area and two additional bedrooms, providing flexibility for family, guests, or potential rental use. Situated on a nearly 9,000 square foot lot, the outdoor space includes a private garden and a double detached garage, along with a rear parking pad with room for up to four additional vehicles. With key updates already completed, air conditioning and plenty of space inside and out, this home comes pre-inspected and is ready for its next chapter. (id:39198)
Facts & Features
● Building Type
House
● Year built
1974
● Square Footage
853 sqft
● Stories
1
● Bedrooms
2+1
● Bathrooms
1
● Parking
6
● Neighbourhood
Normandeau
● Land size
--
● Heating type
Forced air, Natural gas, Other
● Basement type
Partially finished, Full
● Parking Type
--
● Time on REALTOR.ca
45 days
Home price
$324,900
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
$2,916/month
The payment includes
Rent
$2,533
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$383
Each month, $383 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
$376,112
Cumulative Down Payment
$18,806
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,806
Buyback Price
$341,145
Cumulative Down Payment
$9,602
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$4,602
Buyback Price
$358,202
Cumulative Down Payment
$14,204
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$9,204
Buyback Price
$376,112
Cumulative Down Payment
$18,806
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$13,806
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
$2,916/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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