116 Greig Drive
Red Deer, Alberta T4P2N5
3 beds• 3 baths• 1,462 sqft
Description
Welcome to this well-located two-storey home in Glendale Park Estates, offering a private, fenced backyard with greenspace directly behind, creating a peaceful outdoor setting with added privacy and room to relax, entertain or enjoy time with family.Inside, the main floor features hardwood flooring, an inviting living room with a wood-burning fireplace and stone surround, and an open layout connecting the living and dining areas to a spacious, updated kitchen. Upstairs, you'll find three generously sized bedrooms, a main bathroom and a primary bedroom complete with its own four-piece ensuite. The developed basement provides additional living space , a 3 piece bathroom with plenty of potential to make it your own.Convenience is another standout feature of this location. Families will appreciate the proximity to Glendale Sciences and Technology School, St. Teresa of Avila Elementary School, G.H. Dawe School and the Northside Community Centre, offering easy access to schools, recreation and community amenities. Everyday shopping is equally convenient, with Golden West Plaza and Wholesale Club nearby for groceries and other essentials.Combining a private backyard setting, greenspace views, established neighbourhood surroundings and excellent access to amenities, this property offers a great balance of comfort, convenience and everyday practicality. (id:39198)
Facts & Features
● Building Type
House
● Year built
1980
● Square Footage
1,462 sqft
● Stories
2
● Bedrooms
3
● Bathrooms
3
● Parking
4
● Neighbourhood
Glendale Park Estates
● Land size
--
● Heating type
Natural gas, Other
● Basement type
Finished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$360,000
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
$3,250/month
The payment includes
Rent
$2,810
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 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
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
Buyback Price
$378,000
Cumulative Down Payment
$10,279
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,279
Buyback Price
$396,900
Cumulative Down Payment
$15,558
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,558
Buyback Price
$416,745
Cumulative Down Payment
$20,837
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,837
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
$3,250/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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