464 Jenkins Drive
Red Deer, Alberta T4P3X1
2+2 beds 3 baths 1,342 sqft
Description
Located in a 45+ complex, this well-cared-for home offers a great floor plan and several upgrades over the years. There is a spacious entry with an office/den/ bedroom right off the front door. The kitchen has newer stainless steel appliances, granite countertops, full tile backsplash, a walk-in pantry and an island. There is a good-sized living room with a gas fireplace and lots of windows, making this a very bright and cheery space. There is a garden door out to the deck, which has vinyl flooring, aluminum railings, and a gas hookup for the BBQ. The very large primary bedroom has a walk-in closet. The ensuite has a big, beautiful shower and a makeup counter. The back entry has a laundry area, a 4-piece bath, and a door out to the finished garage. Downstairs has a walkout basement with a nice-sized family room, and there is a garden door out to a concrete, covered deck. There are two huge bedrooms, both with walk-in closets, and one has a 3-piece bath. This home also has central air conditioning. (id:39198)
Facts & Features
● Building Type
Duplex
● Year built
2006
● Square Footage
1,342 sqft
● Stories
1
● Bedrooms
2+2
● Bathrooms
3
● Parking
2
● Neighbourhood
Johnstone Park
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Walk out
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$424,900
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
$3,868/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:
Buyback Price
$491,875
Cumulative Down Payment
$24,594
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,594
Buyback Price
$446,145
Cumulative Down Payment
$11,531
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,531
Buyback Price
$468,452
Cumulative Down Payment
$18,062
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$13,062
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
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