150 Piper Drive
Red Deer, Alberta T4P1L6
3+2 beds• 4 baths• 1,831 sqft
Description
SO MUCH ROOM in this 1831 sq ft BUNGALOW in the PINES. New paint throughout, some new flooring and 2 new bathrooms! This home has 5 bedrooms (the windows in the 2 basement bedrooms to not meet egress), and 4 bathrooms. The main floor has an open concept design with HUGE rooms throughout. Laundry is on the main floor. There is access to a sunroom off the family room. There are also 3 bedrooms, the primary has a 3 pc en-suite. The basement is MASSIVE with a family room large enough for almost anything, 2 huge bedrooms (windows do not meet egress) and 2 other huge flex rooms (the flex rooms do not have windows). The back yard is EXPANSIVE with no neighbours behind. There is a double attached garage with access from the home's front foyer. (id:39198)
Facts & Features
● Building Type
House
● Year built
1977
● Square Footage
1,831 sqft
● Stories
1
● Bedrooms
3+2
● Bathrooms
4
● Parking
2
● Neighbourhood
Pines
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
15 days
Home price
$485,000
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
$4,526/month
The payment includes
Rent
$3,800
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$726
Each month, $726 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
$561,448
Cumulative Down Payment
$31,145
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,145
Buyback Price
$509,250
Cumulative Down Payment
$13,715
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,715
Buyback Price
$534,713
Cumulative Down Payment
$22,430
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$17,430
Buyback Price
$561,448
Cumulative Down Payment
$31,145
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$26,145
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
$4,526/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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