Main Photo: For Sale: 515 11 Street S, Lethbridge, T1J 2P1 - A2256904
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2256904
An incredible opportunity to own a fully operational 10-unit multi-family property in the heart of Lethbridge. This purpose-built 10-plex features nine fully furnished one-bedroom suites and one unfurnished long-term suite, all designed for strong income generation and minimal vacancy. ?? Property Features 9 furnished 1-bedroom units with kitchens & 3-pc bathrooms 1 unfurnished long-term 1-bedroom unit Each suite equipped with its own hotel-style heat/AC unit Shared laundry (washer & dryer in common area) High-quality furnishings, bedding, linens & big-screen TVs included Fully stocked kitchens with appliances, dishes & utensils Individual internet routers & programmable WiFi door locks for each unit Outdoor storage shed with shovels, brooms & maintenance tools?? Location Benefits Situated close to downtown Lethbridge amenities, transit, and schools Walkable neighborhood with excellent rental demand Flexible property strategy: continue current STR/LTR mix or convert to all long-term rentals ? Investor Ready This property comes fully furnished and equipped—turn the key and start collecting rent. With strong financial performance and professional management potential, this 10-plex is an ideal addition to any investor’s portfolio.
Property Type:
Commercial
Property Sub Type:
Multi Family
Transaction Type:
For Sale
Possession:
Negotiable
Total Building Area:
6,258 sq. ft.
Taxes:
$13,600 / 2025
Tax Assessed Value:
899000.0
Lot Area:
6,258 sq. ft.
Lot Frontage:
50'
Year built:
1910 (Age: 115)
Bathrooms:
- (Full:-, Half:-)
Plan:
4353S
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Garage:
No
Parking Places:
8
Parking Total/Covered:
8 / -
London Road
(10) fridges, (10) stoves, (1) washer, (1) dryer, (10) Wall Mounted A/C units.
None Known
Num. of Parcels:
0
Region:
Lethbridge
Zoning:
DC
Listed Date:
Sep 12, 2025
Days on Mkt:
1
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Listed by SUTTON GROUP - LETHBRIDGE
Data was last updated September 13, 2025 at 08:05 PM (UTC)
Colin Harms
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