Red Deer, Alberta T4P0N8
2+2 beds 3 baths 1,042 sqft
Beautifully maintained 4 bed, 3 bath Landmark Homes build facing right onto the park, with potential for a 5th bedroom! A bright entry leads to the open main floor, where vaulted ceilings and triple pane windows bring in tons of natural light. The kitchen features dark cabinetry, stainless steel appliances (most replaced in the past 3 years), a large walk in pantry and room for a full size dining table. Main floor laundry, a king size primary with a 4 pc ensuite, a queen size second bedroom and another 4 pc bath complete the level. The basement offers a cozy family room, a flex space (currently an office) perfect for a 5th bedroom, playroom or craft room, 2 more bedrooms and a 3 pc bath with a walk in shower. Upgrades include a new high efficiency furnace, central AC, HRV, tankless water heater and gas BBQ hookup. Outside: freshly stained deck, 4 sheds including a large workshop, 2 extra parking spots and side access. Kids stay in sight at the park across the street, with a bus stop next door, trails, Barrie Wilson Elementary, St. Joseph High and Timberlands shopping close by. (id:39198)
Home price
$414,900
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
$3,773/month
The payment includes
Rent
$3,245
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$528
Each month, $528 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
$480,299
Cumulative Down Payment
$24,015
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,015
Buyback Price
$435,645
Cumulative Down Payment
$11,338
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,338
Buyback Price
$457,427
Cumulative Down Payment
$17,677
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,677
Buyback Price
$480,299
Cumulative Down Payment
$24,015
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,015
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
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next steps toward homeownership.