01 / Property Detail
VICTORIA PARK
615 14 Street S, Lethbridge, AB
$375,000
Residential · MLS® A22902203Bedrooms
2Bathrooms
801Sq Ft
4Garage
1910Year Built
02 / Overview
PROPERTY OVERVIEW
Fantastic opportunity for first-time buyers or investors! This well-located home offers excellent flexibility with a one-bedroom basement suite (illegal).
Situated in a desirable neighborhood close to shopping, public transportation, the hospital, and schools, this property combines convenience with comfort. The main floor features two spacious rooms filled with natural light, while both the upper and lower levels enjoy separate laundry areas for added functionality.
The large backyard offers incredible potential, with plenty of space to build a garage while still maintaining...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area801 sq ft
Lot Size4,686 sq ft
ZoningR-L
HeatingForced Air
CoolingNone
ParkingOff Street • On Street • Oversized • Parking Pad • Unpaved
ExteriorPrivate Yard • Storage
BasementFull
Year Built1910
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$110After mortgage & expenses
Cap Rate4.1%Based on market rents
Cash on Cash Return-1.8%With 20% down payment
Est. Monthly Rent$1,552Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
VICTORIA PARK
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Colin Harms · SUTTON GROUP - LETHBRIDGE