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REDWOOD

1707 Lakemount Boulevard S, Lethbridge, AB

$529,900

Residential · MLS® A2296210
5Bedrooms
3Bathrooms
1,145Sq Ft
2Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 1707 Lakemount Blvd—this beautifully spacious bungalow has been thoughtfully updated and well maintained over the years. Offering excellent versatility, the home features an inviting main floor along with a nicely appointed illegal basement suite complete with a private entrance and its own laundry—ideal for extended family or added income potential.

Recent upgrades provide peace of mind, including a new furnace (2018) a new main floor bathtub and updated plumbing (2023), a new basement washer (2024), new main floor washer...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,145 sq ft
Lot Size7,242 sq ft
ZoningR-L
HeatingForced Air
CoolingCentral Air
ParkingCarport • Double Garage Detached • Off Street • Parking Pad • RV Access/Parking
ExteriorPrivate Yard
BasementFull
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$736After mortgage & expenses
Cap Rate6.1%Based on market rents
Cash on Cash Return8.3%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

REDWOOD

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by Joanne Feist · Grassroots Realty Group