Red Deer, Alberta T4P1T8
3+1 beds• 3 baths• 1,329 sqft
Welcome to this spacious 4-bedroom home in the established community of Normandeau in Red Deer! Offering 1,329.05 sq. ft. above grade, this home provides plenty of room for a growing family, with updated flooring on main floor and fresh paint throughout giving the interior a refreshed feel. As you enter, you’ll find a large family living room offering a comfortable place to relax and unwind. Down the hall, you’ll find a beautifully updated 4-piece bathroom, followed by two additional bedrooms and a comfortable primary bedroom featuring its own 2-piece ensuite. The kitchen is truly the heart of this home, featuring an abundance of cabinetry, built-in appliances, a pantry for additional storage, and a large central island that provides extra workspace and a convenient spot for casual dining. The adjoining dining area offers plenty of room for a full-sized table, making it ideal for family meals, holiday gatherings, and entertaining friends. The kitchen’s distinctive sunshine ceiling adds character to the space, while the beautiful wood-panelled walls and charming bay window in the dining area create a warm, traditional feel. With plenty of room to gather, this is a welcoming space for everyday living and bringing family and friends together. Downstairs, the home continues to impress with another bedrooms and a large recreation and living area, providing plenty of space for family movie nights, entertaining, or simply spreading out and enjoying a little extra room. There’s also a sauna, offering a place to unwind at the end of the day, along with a dedicated laundry and utility area featuring an additional shower for added convenience. The spacious basement offers plenty of potential to make the space your own while providing valuable additional living areas for the whole family. Outside, enjoy the charm of the beautiful, mature backyard, featuring established landscaping, built-in flower beds, a deck, and an interlocking paver stone patio. Whether you’re hosting summe r barbecues, enjoying your morning coffee, tending to the garden, or gathering with friends and family, this backyard offers a wonderful setting to enjoy the outdoors. With five bedrooms, a 4-piece main bathroom, a 2-piece ensuite, generous living areas, and a mature outdoor space, this Normandeau home offers room to grow, space to gather, and plenty of opportunity to make it your own! (id:39198)
Home price
$407,000
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
$3,698/month
The payment includes
Rent
$3,183
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$515
Each month, $515 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$471,153
Cumulative Down Payment
$23,558
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,558
Buyback Price
$427,350
Cumulative Down Payment
$11,186
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,186
Buyback Price
$448,718
Cumulative Down Payment
$17,372
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,372
Buyback Price
$471,153
Cumulative Down Payment
$23,558
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$18,558
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
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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next steps toward homeownership.