Red Deer, Alberta T4R1W4
3+2 beds 3 baths 963 sqft
Renovated in 2026, this Deer Park Estates bungalow offers three bedrooms up, two down, three bathrooms, two kitchens and an illegal suite with a separate side entrance.The main floor has new plank flooring, fresh paint and LED lighting. The living room is anchored by a custom grey slat feature wall with floating cabinetry and a built-in desk nook beside the front window. The white kitchen has a marble-pattern backsplash, a gas range and new stainless appliances (2026), and opens to the dining area. The three bedrooms have pendant lighting, and the 4-piece bath has a backlit mirror and a glass-door tub and shower.The lower-level illegal suite is fully finished: a kitchen with grey shaker cabinets, wood countertops and a new range and range hood (2026), a living room with an electric fireplace, two bedrooms with mirrored closets, one with a 3-piece ensuite, a second 3-piece bath, a walk-in closet and laundry.Furnace 2023, newer shingles. Fully fenced backyard with a storage shed and a mature apple tree, and an off-street parking pad at the front. Minutes to the Collicutt Centre, Deer Park schools and shopping, with quick access to 30 Avenue. (id:39198)
Home price
$379,900
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
$3,440/month
The payment includes
Rent
$2,968
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$472
Each month, $472 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
$439,782
Cumulative Down Payment
$21,989
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,989
Buyback Price
$398,895
Cumulative Down Payment
$10,663
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,663
Buyback Price
$418,840
Cumulative Down Payment
$16,326
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,326
Buyback Price
$439,782
Cumulative Down Payment
$21,989
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$16,989
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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