Active
VARSITY VILLAGE
3, 269 Laval Boulevard W, Lethbridge, AB
$229,900
Residential · MLS® A23172043Bedrooms
2Bathrooms
582Sq Ft
1Garage
1977Year Built
02 / Overview
PROPERTY OVERVIEW
Looking for a smart investment or a way to turn your student's rent payments into long-term equity? This affordable and well-located condo is the perfect opportunity. Whether you're an investor seeking a reliable rental property or parents looking to help your university-aged child build a stronger financial future, this property checks all the boxes. For investors looking to expand their portfolio, there is also a unique opportunity to purchase three of the four units in this fourplex, creating excellent potential...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeFour Plex
Total Finished Area582 sq ft
Lot Size7,679 sq ft
ZoningR-60
HeatingForced Air
CoolingWall/Window Unit(s)
ParkingAssigned • Off Street • Stall
ExteriorOther
BasementFull
Year Built1977
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$39After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-1.0%With 20% down payment
Est. Monthly Rent$1,169Based 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 CAMERON HURT · Century 21 Foothills South Real Estate