Red Deer, Alberta T4N3K7
3+1 beds• 2 baths• 1,408 sqft
FULLY DEVELOPED 4 BEDROOM, 2 BATHROOM 1.5 STOREY IN MATURE MOUNTVIEW ~ LOCATED ON A MASSIVE DOUBLE LOT WITH MATURE LANDSCAPING ~ DETACHED GARAGE WITH A LARGE WORKSHOP ~ OVERSIZED FRONT DRIVE WITH SPACE FOR AN RV ~ West facing front veranda overlooks the front yard ~ The living room features hardwood flooring, a wood burning stove and a large west facing picture window that fills the space with natural light ~ Easily host large gatherings in the dining room that features a convenient pass through opening to the kitchen, plus garden door access to the large deck (w/ composite deck board) and backyard ~ The kitchen offers plenty of white cabinets, full tile backsplash, ample counter space, window above the sink overlooking the backyard, stainless steel appliances, tile floors and a wall pantry offering additional storage space ~ Main floor bedroom can easily accommodate a king size bed plus furniture and features hardwood flooring and a wall of built in's cabinets and shelving ~ Sunny 4 piece main bath ~ The upper level offers two large bedrooms with ample closet space and large windows, a den/flex room, and a 2 piece bathroom with an oversized vanity ~ The basement has a spacious family room with built in shelving, a generous size bedroom, laundry with a sink and folding counter, with space for storage throughout ~ The beautiful backyard is fully fenced, has tons of space, mature tress, shrubs and perennials, 2 sheds, a large upper deck, lower deck with a pergola, and tons of grassy yard space ~ Detached garage is insulated, finished with painted drywall, and has am attached workshop with built in shelving ~ Located in a mature, well established neighbourhood with easy access to great schools, parks, shopping, walking trails and more plus easy access to downtown, Red Deer Poly, and all other amenities. (id:39198)
Home price
$429,900
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
$3,916/month
The payment includes
Rent
$3,364
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$552
Each month, $552 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
$497,663
Cumulative Down Payment
$24,883
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,883
Buyback Price
$451,395
Cumulative Down Payment
$11,628
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,628
Buyback Price
$473,965
Cumulative Down Payment
$18,255
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,255
Buyback Price
$497,663
Cumulative Down Payment
$24,883
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,883
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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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.