4434 40a Avenue


Red Deer, Alberta T4N2X4

3+2 beds• 2 baths• 1,029 sqft

Description

Within the idyllic community of Grandview lies a distinguished bungalow with a legal suite. Offering an exceptional lifestyle steeped in tranquility and convenience. This meticulously crafted home, designed with architectural elegance, presents a rare opportunity to embrace comfortable living with ample space for family and guests alike. Spanning a generous 1029 square feet above grade and a fully finished basement with a legal suite for added versatility. Five bedrooms provide restful retreats, three situated above ground, while two below offer privacy and flexibility, complemented by two full bathrooms designed for ease and enjoyment. Ceramic tile, hardwood, and laminate flooring flow seamlessly throughout, creating warmth and sophistication underfoot, enhanced by thoughtfully placed separate entrances that invite both ease and privacy. A complete LEGAL suite, accessed independently, adds significant appeal for rental possibilities with shared laundry conveniences located within. Outside, the beautifully landscaped lot, extending over 6368 square feet, is framed by a back lane and backyard providing outdoor enjoyment, while community amenities such as parks, playgrounds, schools, shopping centers, and walking/bike paths ensure an enriching environment for residents. The single oversize detached garage has two overhead doors for versatility and convenience. This bungalow is more than just a home—it’s a sanctuary within a vibrant community. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1957

● Square Footage

1,029 sqft

● Stories

1

● Bedrooms

3+2

● Bathrooms

2

● Parking

4

● Neighbourhood

Grandview

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full, Separate entrance, Suite

● Parking Type

--

● Time on REALTOR.ca

1 day

Home price

$424,900

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

$3,868/month

The payment includes

Rent

$3,324

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$544

Each month, $544 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

$491,875

Cumulative Down Payment

$24,594

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$19,594

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

$3,868/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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Speak to our team about your eligibility, monthly payments, and
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