3920 50a Street


Red Deer, Alberta T4P1G7

3+1 beds 3 baths 1,091 sqft

Description

IMMEDIATE POSSESSION AVAILABLE ~ FULLY DEVELOPED 4 BEDROOM, 3 BATHROOM BI-LEVEL ~ DETACHED GARAGE & RV PARKING ~ Mature trees and an extra long driveway welcome you to this well established property ~ Covered front entry with stone accented pillars leads to a bright foyer with high ceilings that open to the main floor above ~ The living room features large windows that fill the space with natural light and a cozy fireplace ~ The spacious dining room can easily accommodate large gatherings and offers sliding patio door access to the deck and backyard, plus a separate entrance with built-in shelving ~ The kitchen offers plenty of cabinet and counter space, with a window above the sink overlooking the backyard ~ The primary bedroom can easily accommodate a king size bed plus additional furniture and includes a 2 piece ensuite ~ Two additional main floor bedrooms are both a good size with plenty of closet space ~ 4 piece main bathroom ~ The fully developed basement features large above grade windows and plenty of additional living space ~ The family room is a generous size with a stone faced fireplace featuring a raised hearth and mantel, and opens to a second kitchen/wet bar with an abundance of cabinets, built-in shelving, a full size fridge, dishwasher and microwave ~ The fourth bedroom has room for a king size bed and includes an adjoining flex space, ideal for a home office, gym, dressing room or additional storage ~ 4 piece bathroom with a freestanding soaker tub, tile flooring and built-in shelving ~ Laundry and additional storage space complete the lower level ~ The fully fenced backyard is landscaped with mature trees and features a large deck, stone patio, garden shed and an RV gate with back alley access ~ Oversized single detached garage is insulated and finished with painted drywall ~ Located in an established neighbourhood close to numerous parks, playgrounds, walking trails and the Michener Aquatic Centre ~ Easy access to downtown and all other amenities. (id:39198)

Facts & Features

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● Building Type

House

● Year built

1975

● Square Footage

1,091 sqft

● Stories

--

● Bedrooms

3+1

● Bathrooms

3

● Parking

3

● Neighbourhood

Michener Hill

● Land size

--

● Heating type

Forced air, Natural gas

● Basement type

Finished, Full

● Parking Type

--

● Time on REALTOR.ca

1 day

Home price

$369,000

Initial Deposit

I want to start the program with
an initial down payment of

$
=2%

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

$3,336/month

The payment includes

Rent

$2,882

Rent is rent and it won't be deducted from the buyback price.

Monthly Savings

$454

Each month, $454 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:

1 year2 years3 years
Year 3

Buyback Price

$427,164

Cumulative Down Payment

$21,358

• Initial Deposit

$5,000

• Monthly Savings x 36 months

$16,358

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

$3,336/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

Canada’s #1 Rent-to-Own —
Changing The Rules of The Game

A smarter, safer path to homeownership — explained.

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