Rent to OWN in Penhold, Alberta (Red Deer County) | Spacious New Upscale Luxury Home

With our unique Rent-to-OWN Buyers Selection Program, you can choose to Rent to OWN ANY HOUSE currently listed for sale, ANYWHERE!

Description: Penhold (Red Deer County) Rent to OWN - Spacious New Upscale Luxury Home

Fully Upgraded - Spacious 1372 sqft bi-level with Tremendous Curb Appeal

  • New Luxurious Home just minutes from the new Recreation Centre
  • Spacious and Beautifully Tiled Front Entrance welcomes you and your guests
  • Each level features matching Elegant Torlys Oak Hardwood flooring throughout
  • An incredible 1372 sqft of living space above grade!
  • Luxurious 9' Ceilings
  • A total of 5 Bedrooms including a HUGE Master Bedroom with Walk-In Closet and Exclusive Ensuite
  • 3 Bathrooms so you'll never have to wait, with extra large vanities to hide all of your "stuff"
  • Gorgeous Maple Cabinets featuring soft close, 4 Stainless Steel Appliances and Double Oven - perfect for entertaining!
  • Garden Door off your kitchen leads to a Large 16x11 Deck - great for barbeques and enjoying your Fully Landscaped and Private Fenced Yard
  • Fully Finished Basement with in-Floor Heat, gorgeous Torlys Oak Hardwoods, Huge Family Room and roughed-in Wet Bar
  • Many more upgrades - including Hot Water on Demand and High Efficiency Furnace
  • Roughed in Central Vacuum System ready for hook-up
  • Double Attached Garage - Fully Finished and Heated
  • Additional RV Parking out back
  • Walking Distance to Schools, Parks and Reserves make this the Perfect Family Home!

Conveniently located less than 10km from the Town of Red Deer and just a short drive to the beaches of Sylvan Lake.

Lease To Own Details: Lease to Own with No Bank Qualifying Required!  Your purchase price of $417,385 is guaranteed for 24 months.  An initial payment of $20,500 is required - which is fully applied towards your future down payment when you exercise your option to purchase.

The monthly Lease payments are $3,000 per month.

Your Lease payment includes all property taxes, building insurance and condominium fees (if applicable). The only additional costs to you are your utilities and personal contents insurance.

You will accumulate $600 (per month) in Credits during your 24-month Lease-to-Own term! This means you will accumulate $14,400 after just 24 months (a whopping $34,900 credit towards your future down payment), during which time we will work together to help you fix any credit issues you may have.

If you are not ready to obtain the necessary financing at the end of your term, we will provide you with an option to extend the Lease-to-Own term!

What to do Next: This Rent to OWN home has been LEASED by proud new homeowners and is no longer available, but if you're looking for a Rent to OWN home in Penhold, Alberta (Red Deer County)...

Great News!
With our unique Lease-to-Own Buyers Selection Program, you can choose to Rent to OWN ANY HOUSE currently listed for sale, ANYWHERE!

Additional Details: Bedrooms: 5
Bathrooms: 3
Property Type: Bi-Level House
Parking Details: Double Attached Heated/Insulated Garage with additional RV Parking
Full Property Address: Penhold, AB (Red Deer County)

Penhold - front of house Penhold - kitchen Penhold - dining room Penhold - living room Penhold - master bedroom Penhold - ensuite Penhold - bedroom Penhold - bedroom Penhold - entrance Penhold - entertainment room Penhold - reading room Penhold - backyard Penhold - deck

Penhold, AB

This Rent to OWN Home’s Walk Score:®

33 out of 100 — Car-Dependent

View on

Walk Score House Icon Walk Score

Not the right house for you?
With our unique Lease-to-Own Buyers Selection Program, you can choose to Rent to OWN ANY HOUSE currently listed for sale, ANYWHERE!
Share | | | |

The MOST Trusted and Sought-After provider of Rent to OWN Homes in Alberta: Calgary, Airdrie, Red Deer County (Red Deer, Sylvan Lake, Penhold), Lacombe, Okotoks, Edmonton and more!

Home | How our Rent to OWN Programs Work | FAQs | About Us | APPLY NOW | Contact Us