*********Walking Distance to the University of Lethbridge – High Cash Flow Investment!*********
This 5-bedroom home in West Lethbridge is perfectly located for student rentals, just minutes from the university on a quiet street. It features a brand new roof, walkout basement, private backyard, ample off-street parking, and spacious living areas—making it ideal for tenants.
Currently generating an average of $3,250/month in rental income, this property offers strong cash flow and excellent return on investment. A rare opportunity to own a high-demand rental in a prime location!
Investment Snapshot:
• Purchase Price: $330,000 (based on 20% down payment)
• Estimated Mortgage Payment: ~$1,750/month (4% interest)
• Estimated Property Tax: ~$280/month
• Estimated Utilities: ~$500/month
• Estimated Total Expenses: ~$2,530/month
• Current Average Rent: ~$3,250/month
This property has demonstrated strong rental demand and the potential for positive monthly cash flow, making it a promising option for investors seeking steady income and long-term value growth.
Whether you're expanding your portfolio or starting out, this is a high-return opportunity in one of the most sought-after rental areas in Lethbridge.
Contact your favourite agent today to book a viewing!
Data was last updated June 6, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
309
Avg list price:
$499,000
Min list price:
$150,000
Max list price:
$2,500,000
Avg days on market:
30
Min days on market:
1
Max days on market:
703
Avg price per sq.ft.:
$356.74
These statistics are generated based on the current listing's property type
and located in
Lethbridge. Average values are
derived using median calculations.
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.