Red Deer, Alberta T4R0J4
3+2 beds 3 baths 1,233 sqft
Step into this inviting bi-level home nestled within the beautiful community of Lonsdale, Red Deer, where comfort and convenience intertwine to create a truly wonderful living space for your family. Boasting 5 bedrooms and 3 full bathrooms, including a three-piece ensuite and another complete bath, this home offers ample room for everyone. With 1233 square feet above grade and a fully finished basement, you’ll discover plenty of space to relax, entertain, or pursue your hobbies. Laminate counters provide practical elegance throughout, and the home is maintained as a smoke-free environment. Enjoy the ease of laundry day with your dedicated laundry room located conveniently in the basement, complemented by central air conditioning for year-round comfort. Outside, a deck provides a lovely spot for outdoor enjoyment, while the generous backyard and back lane access offer flexibility and privacy. Located within this desirable community, you’ll find convenient access to schools, shopping, and other local amenities, making everyday life easier than ever. With its comfortable flooring, finished basement, and community charm, this bungalow style home is more than just a house – it’s a place to call home, offering both space and connection for your family. (id:39198)
Home price
$419,900
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
$3,821/month
The payment includes
Rent
$3,285
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$536
Each month, $536 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
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
Buyback Price
$440,895
Cumulative Down Payment
$11,435
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$6,435
Buyback Price
$462,940
Cumulative Down Payment
$17,870
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$12,870
Buyback Price
$486,087
Cumulative Down Payment
$24,304
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$19,304
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.