Red Deer, Alberta T4P2E2
3 beds 1 bath 950 sqft
The perfect place to call home. This beautifully updated bungalow offers the ideal combination of style, comfort and functionality. Whether you're a first-time buyer, a small family or looking to downsize, this home has plenty to offer.Step inside to a bright and inviting living room featuring updated flooring, plenty of natural light and a stunning custom-built entertainment wall with an electric fireplace. The open concept kitchen and dining area features newer countertops, tile backslash, ample cabinetry and an impressive appliance package, including a double oven and double door refrigerator.The main floor offers 3 bedrooms and an updated bathroom. The spacious primary bedroom features a custom closet organizer for added storage and organization.Downstairs, you'll find a generously sized, finished family room, perfect for movie nights, a games area or additional living space. An additional den or home office adds even more flexibility, while the large storage room provides plenty of space to keep everything organized and tucked away. The basement is also roughed in for a potential second bathroom.Outside, enjoy the expansive backyard and spacious covered deck, perfect for summer BBQs, entertaining or relaxing outdoors. The NEW detached double garage provides plenty of room for parking and storage, with additional space for RV parking.Conveniently located close to schools, parks and everyday amenities, this charming bungalow offers beautiful updates, functional living spaces and plenty of room to enjoy. (id:39198)
Home price
$359,900
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
$3,249/month
The payment includes
Rent
$2,810
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$440
Each month, $440 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
$416,629
Cumulative Down Payment
$20,831
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,831
Buyback Price
$377,895
Cumulative Down Payment
$10,277
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$5,277
Buyback Price
$396,790
Cumulative Down Payment
$15,554
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$10,554
Buyback Price
$416,629
Cumulative Down Payment
$20,831
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$15,831
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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