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!**
Data was last updated October 18, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
324
Avg list price:
$492,400
Min list price:
$148,000
Max list price:
$2,500,000
Avg days on market:
38
Min days on market:
1
Max days on market:
389
Avg price per sq.ft.:
$358.17
These statistics are generated based on the current listing's property type
and located in
Lethbridge. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.