15 Tipping Avenue
Red Deer, Alberta T4P0Y9
3 beds 2 baths 1,242 sqft
Description
Brand New Build in Timberlands North – Stylish, Functional & Under $500,000! Offering the perfect blend of modern design, thoughtful functionality and incredible value, this brand new home in Timberlands North is an ideal fit for families looking for a fresh start. The inviting open-concept main floor is filled with natural light and enhanced by vaulted ceilings, creating a bright and spacious atmosphere. The kitchen is beautifully finished with quartz countertops, a stainless steel appliance package, tons of prep space with a peninsula and direct access to the rear 12’ x 10’ deck complete with sleek aluminum railings – perfect for enjoying the warmer months. Designed with family living in mind, the main floor features three well-appointed bedrooms, including a spacious primary suite with a walk-in closet featuring upgraded shelving and a 4-piece ensuite. Quartz countertops continue throughout the home, adding a cohesive, elevated finish. The basement is undeveloped and ready for your vision, offering endless possibilities to create additional living space tailored to your needs. Additional highlights include a 22’ x 24’ attached garage, tankless hot water system, high-efficiency furnace, 10 year new home warranty and impressive curb appeal that makes a great first impression. A fantastic opportunity to own a brand new home in a desirable family-friendly neighbourhood, all for under $500,000! (id:39198)
Facts & Features
● Building Type
House
● Year built
2026
● Square Footage
1,242 sqft
● Stories
--
● Bedrooms
3
● Bathrooms
2
● Parking
4
● Neighbourhood
Timberlands North
● Land size
--
● Heating type
Forced air
● Basement type
Unfinished, Full
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$499,900
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
$4,692/month
The payment includes
Rent
$3,918
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$774
Each month, $774 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
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
Buyback Price
$524,895
Cumulative Down Payment
$14,290
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$9,290
Buyback Price
$551,140
Cumulative Down Payment
$23,580
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$18,580
Buyback Price
$578,697
Cumulative Down Payment
$32,870
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$27,870
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
$4,692/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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Have Questions About Rent-to-Own? Let's Talk.
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