Revenue Property Opportunity – Long-Term Tenant in Place! Well-located 2-storey condo townhome offering a practical and desirable layout for tenants, with kitchen, dining, and living room on the main floor, plus 2 bedrooms and a full 4-piece bathroom upstairs. The oversized primary bedroom spans the full width of the unit and features double closets, offering excellent storage and tenant appeal.
The unfinished basement includes in-suite laundry with washer and dryer, additional storage space, and future value-add potential. This property has a history of very long-term tenancy, making it an attractive option for investors seeking stable occupancy and reliable rental demand.
The unit is currently in lived-in condition and would benefit from cosmetic updates such as paint and flooring over time. Priced accordingly, this creates an excellent opportunity for an investor to improve value gradually while maintaining income potential.
Located in a professionally managed condo corporation with consistent upgrades, including all decks replaced last year. Close to shopping, transit, parks, and the university—an ideal rental location with strong tenant demand.
Essential information
MLS® number
A2309754
Status
Active
Price
$204,900
Property type
Residential
Type
Row/Townhouse
Transaction
For Sale
Bedrooms
2
Bathrooms
1 full
Living area
959 sq ft
Lot size
175,829 sq ft
Year built
1977
Structure
Five Plus
Style
2 Storey
Levels
Two
Listing brokerage
HomeTime Property Services Ltd. o/a HomeTime
Source
Pillar 9™ MLS® System
Condominium
Complex
West River Heights
Condo fee
$295 Monthly
Fee includes
Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Amenities
Parking, Snow Removal, Trash
Pets
Restrictions, Call
Restrictions
Pet Restrictions or Board approval Required
Floor
1
Exposure
E
Interior
Heating
Forced Air
Flooring
Carpet, Linoleum
Appliances
Dryer, Electric Stove, Refrigerator, Washer
Features
See Remarks
Fireplaces
0
Laundry
In Basement
Basement
Full
Basement development
Unfinished
Exterior and construction
Features
Courtyard
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Many Trees
Frontage
6.40M 21`0"
Zoning
R-100
Parking
Total parking
1
Features
Stall
Community
Subdivision
LCVV
City
Lethbridge
Province
AB
Postal code
T1K4J7
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Mortgage calculator
Canadian semi-annual compounding, and the CMHC premium included where it applies — both of which most calculators get wrong.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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45 photos$219,90053, 55 Lemoyne Crescent W, Lethbridge
