81 Lanterman
Red Deer, Alberta T4R3N9
3+2 beds• 3 baths• 1,202 sqft
Description
Fully finished bi-level with double attached heated garage. This home features 5 bedrooms and 3 full bathrooms. Shingles were replaced in summer 2025, HWT was replaced Fall 2025. A large front entry leads up to the bright living room with vaulted ceilings and laminate flooring throughout most of the main level. The kitchen is open to the dining room and features black appliances (the stove is just 3 weeks old), a pantry, and an island with breakfast bar. From the dining room, step out to the South facing back deck finished with Duradek and aluminum railing. The primary bedroom includes a walk-in closet and 3-piece ensuite, with two more bedrooms and a 4-piece bathroom completing the main level. The fully developed basement offers a large family room, two good-sized bedrooms, a spacious 4-piece bathroom, and plenty of storage. The heated garage is set up for projects with a floor drain, hot and cold taps and built-in shelving, including a tire rack. Outside, the fully fenced yard includes a large gravel RV parking pad with gate access. (id:39198)
Facts & Features
● Building Type
House
● Year built
2006
● Square Footage
1,202 sqft
● Stories
--
● Bedrooms
3+2
● Bathrooms
3
● Parking
5
● Neighbourhood
Lonsdale
● Land size
--
● Heating type
Forced air
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
1 day
Home price
$475,000
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
$4,415/month
The payment includes
Rent
$3,721
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$694
Each month, $694 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
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
Buyback Price
$498,750
Cumulative Down Payment
$13,329
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$8,329
Buyback Price
$523,688
Cumulative Down Payment
$21,658
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$16,658
Buyback Price
$549,872
Cumulative Down Payment
$29,987
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$24,987
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
$4,415/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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