Red Deer, Alberta T4N1G1
3+1 beds 2 baths 1,052 sqft
FULLY DEVELOPED 4 BEDROOM + DEN, 2 BATH BUNGALOW ~ SUNNY WEST FACING BACKYARD ~ DETACHED GARAGE, CARPORT & REAR PARKING PAD ~ Oversized front yard is landscaped with mature perennials and shrubs ~ The living room features a large east facing window overlooking the front yard and filling the space with natural light ~ The living room opens to the dining area with another large window, plus built-in drawers and shelving ~ The kitchen has a functional layout with plenty of cabinet space including a full-size built-in pantry, ample counter space, full tile backsplash and stainless steel appliances ~ Three main floor bedrooms are all a generous size with good closet space, including the primary bedroom with room for a king size bed ~ 4 piece main bathroom ~ The fully finished basement adds tons of living space with an L-shaped family room featuring a dry bar, built-in desk, cozy log panelling and a wood burning fireplace with a raised hearth and stone surround ~ Versatile den/home office provides additional flexible space ~ The 4th bedroom is a comfortable size with a walk-in closet and is conveniently located next to a 3 piece bathroom ~ Large laundry room with plenty of storage ~ The sunny west facing backyard is fully fenced and landscaped with mature trees, shrubs and perennials, plus a fire pit area with a power outlet, and an RV gate with alley access ~ 24' x 14' detached garage with attached carport, plus a rear gravel parking pad with room for at least two vehicles or potential RV parking ~ Located in the established West Park neighbourhood with easy access to schools, parks, Red Deer's extensive trail system, the river valley, Red Deer Polytechnic, the hospital and downtown. (id:39198)
Home price
$388,888
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
$3,525/month
The payment includes
Rent
$3,039
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$486
Each month, $486 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
$450,186
Cumulative Down Payment
$22,509
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,509
Buyback Price
$408,332
Cumulative Down Payment
$10,836
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,836
Buyback Price
$428,749
Cumulative Down Payment
$16,673
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$11,673
Buyback Price
$450,186
Cumulative Down Payment
$22,509
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$17,509
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
Recently Listed Homes in Red Deer, AB
Canada’s #1 Rent-to-Own —
Changing The Rules of The Game
A smarter, safer path to homeownership — explained.
Show more FAQsWhat kind of homes do you have?
Is there a down payment required for rent-to-own?
How does the Pricing work?
How does rent-to-own work?
what are the requirements for rent-to-own?
What is the interest rate?

Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.