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For sale
  • C$415,000

    40 SE Mohawk Rd W, Lethbridge, AB T1K 5J6

    5beds
    1,040sqft
    Single Family Residence
    Built in 1982
    6,098.4 Square Feet Lot
    $-- Zestimate®
    C$399/sqft
    C$-- HOA

    What's special

    Brand new roofWalkout basementPrivate backyardAmple off-street parking
    *********Walking Distance to the University of Lethbridge – High Cash Flow Investment!********* This 5-bedroom home in West Lethbridge is perfectly located for student rentals, just minutes from the university on a quiet street. It features a brand new roof, walkout basement, private backyard, ample off-street parking, and spacious living areas—making it ideal for tenants. Currently generating an average of $3,250/month in rental income, this property offers strong cash flow and excellent return on investment. A rare opportunity to own a high-demand rental in a prime location! Investment Snapshot: • Purchase Price: $330,000 (based on 20% down payment) • Estimated Mortgage Payment: ~$1,750/month (4% interest) • Estimated Property Tax: ~$280/month • Estimated Utilities: ~$500/month • Estimated Total Expenses: ~$2,530/month • Current Average Rent: ~$3,250/month This property has demonstrated strong rental demand and the potential for positive monthly cash flow, making it a promising option for investors seeking steady income and long-term value growth. Whether you're expanding your portfolio or starting out, this is a high-return opportunity in one of the most sought-after rental areas in Lethbridge. Contact your favourite agent today to book a viewing!
    11 days
    on Zillow
    |
    37
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: June 03, 2025 at 04:50pm

    Listed by:

    Qihong Guan, Associate,

    Maxwell Devonshire Realty

    Source: courtesy of Pillar9 System,MLS®#: A2224859MLS LogoOriginating MLS®#: Lethbridge and District
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Lower
    • Dimensions: 20`5" x 14`8"
    Bedroom
    • Level: Main
    • Dimensions: 14`0" x 10`0"
    Bedroom
    • Level: Lower
    • Dimensions: 11`2" x 9`2"
    Bedroom
    • Level: Main
    • Dimensions: 12`0" x 11`0"
    Bedroom
    • Level: Main
    • Dimensions: 12`0" x 17`8"
    Other
    • Level: Lower
    Other
    • Level: Main
    Kitchen
    • Level: Main
    • Dimensions: 9`0" x 11`0"
    Other
    • Level: Main
    • Dimensions: 9`0" x 12`0"
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Bar Fridge, Dishwasher, Refrigerator, Stove(s), Washer/Dryer
    • Laundry: In Basement
    Features
    • Ceiling Fan(s)
    • Flooring: Carpet, Laminate
    • Basement: Finished,Full
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,040 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Parking Pad
    • Has uncovered spaces: Yes
    Features
    • Levels: Bi-Level
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Private Yard
    • Fencing: Fenced
    • Frontage length: 15.85M 52`0"
    Lot
    • Size: 6,098.4 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 101347301
    • Zoning: R-L

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1982

    Community & HOA

    Community
    • Features: Park, Playground
    • Subdivision: Indian Battle Heights
    HOA
    • Has HOA: No
    Location
    • Region: Lethbridge

    Financial & listing details

    • Price per square foot: C$399/sqft
    • Date on market: 5/29/2025
    • Inclusions: 2 sheds
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