VARSITY VILLAGE

202, 405 Columbia Boulevard W, Lethbridge, AB

$220,000

Residential · MLS® A2293662

3Bedrooms

1Bathrooms

994Sq Ft

1Garage

1983Year Built

02 / Overview

PROPERTY OVERVIEW

IN-SUITE LAUNDRY, close to parks, schools (incld. U of L), commercial & professional amenities. Knowledgeable investors choose Westridge Manor, why? Financials: Capital Reserve fund is actually "overfunded" (meaning we have CASH in the bank!), an "engaged Board of Directors, the president is available to answer your questions. This suite has been extensively renovated just look at the photos & virtual tour it says it all. Added features; large deck with storage closet (YES, BBQ's are allowed), secure bike storage and...

03 / Details

PROPERTY DETAILS

Property TypeResidential

Building TypeLow Rise (2-4 stories)

Storeys3

Total Finished Area994 sq ft

Lot Size150,493 sq ft

ZoningR-75

HeatingBoiler

CoolingWall Unit(s)

ParkingStall

ExteriorOther

Year Built1983

04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$426After mortgage & expenses

Cap Rate6.8%Based on market rents

Cash on Cash Return11.6%With 20% down payment

Est. Monthly Rent$1,890Based on comparable rentals

Want to run your own numbers?Customize down payment, rates, and rental assumptions

05 / Location

VARSITY VILLAGE

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Investment ScoreN/A

Avg Home PriceN/A

Active ListingsN/A

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Listed by MILES GODLONTON · Lethbridge Real Estate.com