- /
$412,500
$399,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,012 SqFt
SOLD DATE : 11/02/2025
Key Details
Sold Price $412,500
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,012 sqft
Price per Sqft $407
Subdivision Varsity Village
MLS® Listing ID A2263945
Sold Date 11/02/25
Style Bi-Level
Bedrooms 4
Full Baths 2
Year Built 1979
Annual Tax Amount $3,361
Tax Year 2025
Lot Size 6,806 Sqft
Acres 0.16
Property Sub-Type Detached
Source Lethbridge and District
Property Description
Turn-Key Investment Property in Sought-After West Lethbridge!
This beautifully updated bi-level home offers over 1,000 sq. ft. of bright, functional living space, complete with an illegal basement suite. Featuring 4 bedrooms, 2 bathrooms, and separate entrances and laundry for each level, this home is ideal for those looking to live upstairs and rent down or expand their investment portfolio.
Recent upgrades include a newer roof and furnace, and the home truly needs nothing — it's been well-maintained and is in excellent condition. Enjoy a **large backyard, rear alley access, and a single-car garage for extra storage or parking.
Located in a prime West Lethbridge area near the University of Lethbridge and Nicholas Sheran Park, this property is perfectly positioned for long-term rental demand. Currently tenant-occupied with leases until April, generating $1,700 upstairs and $1,300 downstairs per month — that's $3,000 in total monthly income from high-quality tenants.
This is a true turn-key investment opportunity — affordable, upgraded, and income-producing. Properties like this under $400,000 don't last long!**
Location
Province AB
County Lethbridge
Zoning R-L
Direction NE
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Vinyl
Appliance Central Air Conditioner, Dishwasher, Electric Oven, Refrigerator, Washer/Dryer
Laundry In Basement, Main Level
Exterior
Parking Features Rear Drive, Single Garage Attached
Garage Spaces 1.0
Garage Description Rear Drive, Single Garage Attached
Fence Fenced
Community Features Park
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 56.0
Exposure NE
Total Parking Spaces 3
Building
Lot Description Back Lane, Back Yard, Front Yard
Foundation Poured Concrete
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 101427811
Ownership Private
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION