Red Deer, Alberta T4P1Z6
2+3 beds 3 baths 1,487 sqft
5 BEDROOM, 3 BATHROOM MODIFIED BI-LEVEL ~ FULLY FINISHED BASEMENT WITH SEPARATE WALK-UP ENTRANCE ~ DOUBLE ATTACHED GARAGE ~ RV PARKING ~ 2 WOOD BURNING FIREPLACES ~ FULLY FENCED BACKYARD ~ This spacious modified bi-level offers a functional floor plan with plenty of living space for the whole family ~ The living room features a wood burning fireplace, creating a warm and inviting space to relax ~ The kitchen offers a functional layout with original cabinetry and appliances, plus a pantry for additional storage ~ The primary bedroom is located on the upper level and features its own private ensuite ~ The fully finished basement offers 3 additional bedrooms, a bathroom and a family room with a second wood burning fireplace ~ A separate walk-up entrance provides convenient access to the basement directly from the backyard ~ Laundry is conveniently located in the basement ~ Some windows have been upgraded, along with vinyl plank flooring ~ The fully fenced backyard offers a private outdoor space with a covered west facing deck and plenty of room to enjoy ~ A powered storage shed provides additional space for tools and outdoor equipment ~ Double attached garage plus additional parking with back alley access and space for RV parking ~ Conveniently located close to parks, playgrounds, schools and shopping! (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
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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.