Don’t miss out on this incredible property. Whether you’re an investor or a first time home buyer looking to offset your mortgage with rental income, this home is a great fit. The main level suite features 2 bedrooms, a 4 piece bathroom, and a 2 piece ensuite, while the lower suite offers 2 bedrooms and a 3 piece bathroom. In total, this illegally suited home includes 4 bedrooms and 2.5 bathrooms, with over 1100 sqft of above grade living space. As a raised bungalow, it benefits from an abundance of natural light throughout, and both suites offer open concept layouts, separate entrances, and their own washers and dryers. The home has seen numerous upgrades, including a renovation approximately 10 years ago with new siding, flooring, kitchens, and the suite conversion. More recent updates include a new hot water tank in 2020, main level washer and dryer in 2026 and a dishwasher in 2024, as well as basement suite washer and dryer, stove, and toilet all updated in 2025. Ideally located for a rental property, the home is just a 10 minute walk to the University of Lethbridge and backs onto a green space with walking paths leading directly to Nicholas Sheran Park. The property has never experienced vacancy. To finish it off, the backyard is beautifully landscaped and fully fenced, featuring a covered deck with a swing. A large mature tree provides great shade and ties the whole yard together. There is also convenient under deck storage that functions like a shed, offering plenty of room for lawn equipment and outdoor storage. The home is complete with a long driveway, a large carport, and plenty of off street parking.
Data was last updated May 5, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$439,000
Min list price:
$169,900
Max list price:
$834,900
Avg days on market:
14
Min days on market:
3
Max days on market:
90
Avg price per sq.ft.:
$362.14
These statistics are generated based on the current listing's property type
and located in
Varsity Village. 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.