INVESTOR OPPORTUNITY!! Seller financing / VTB may be available for qualified purchasers. Flexible acquisition structures may be considered including: Vendor Take Back (VTB), Seller Carry Financing, Joint Venture Structures, Creative Acquisition Strategies! Check out this exceptional income-producing opportunity located just blocks from Chinook Regional Hospital in the heart of Lethbridge! This cash-flowing property features a 3-bedroom, 2-bathroom home with a non-conforming lower suite situated on a large lot offering future potential and flexibility. Currently tenant occupied with long-term renters both upstairs and downstairs, the property generates approximately $3,400/month in combined rental revenue, making it a strong holding asset from day one. Several important upgrades have already been completed, including vinyl windows throughout, a high-efficiency furnace, and an updated hot water tank, helping reduce future maintenance concerns. Both upper and lower suites also feature separate laundry, adding convenience and functionality for tenants. Rare opportunity to acquire an investment property with strong upside potential at an attractive price point. Whether you are looking to expand your portfolio, secure a centrally located revenue property, or explore value-add, repositioning, or future redevelopment opportunities, this property offers strong existing cash flow with additional upside still remaining. Investors considering long-term portfolio growth and future refinance potential will appreciate the flexibility this asset presents. Ideally located near Chinook Regional Hospital, transit, schools, and major amenities, opportunities like this in central Lethbridge do not come available often. Tenant-occupied property with showings available upon 24 hour notice. Contact your REALTOR® today to schedule a showing!
| AIR |
None |
| APPLIANCES |
Cooktop, Portable Dishwasher, Refrigerator, Washer/Dryer |
| BASEMENT |
Exterior Entry, Finished, Full, Yes |
| CONSTRUCTION |
Stucco |
| EXTERIOR |
Private Yard, Storage |
| HEAT |
Forced Air |
| INTERIOR |
Ceiling Fan(s), Laminate Counters |
| LOT |
7841 sq ft |
| LOT DESCRIPTION |
Back Yard, Few Trees |
| STORIES |
1 |
| STYLE |
Bungalow |
| SUBDIVISION |
Victoria Park |
| TAXES |
2998 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Doug, Marjorie & Kevin
McKay to contact you even if your name is on a Federal or State
"Do not call List".
Listed with CLEARVIEW PROPERTY MANAGEMENT LTD.
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 6/17/26 6:20 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts