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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.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 5/9/2026 |
|---|---|---|---|
| TRACT | Varsity Village | YEAR BUILT | 1977 |
| COUNTY | Lethbridge | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AMENITIES | Maintenance Grounds, Snow Removal, Trash |
| APPLIANCES | Dryer, Electric Range, Refrigerator, Washer |
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Frame |
| EXTERIOR | Courtyard |
| HEAT | Forced Air |
| HOA DUES | 295|Monthly |
| INTERIOR | See Remarks |
| LOT | 4.04 acre(s) |
| LOT DESCRIPTION | Many Trees |
| PARKING | Assigned |
| STORIES | 2 |
| STYLE | 2 Levels |
| SUBDIVISION | Varsity Village |
| TAXES | 1737 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with HomeTime Property Services Ltd. o/a HomeTime
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.
Data last updated 6/13/26 6:24 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
