Lethbridge, AB T1K 5J6,40 Mohawk RD W
Lethbridge, AB T1K 5J6,40 Mohawk RD W
Lethbridge, AB T1K 5J6,40 Mohawk RD W
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
8
Jun
Mon
9
Jun
Tue
10
Jun
$415,000
Est. payment /mo
5 Beds
2 Baths
1,040 SqFt
Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,040 sqft

Price per Sqft $399

Subdivision Indian Battle Heights

MLS® Listing ID A2224859

Style Bi-Level

Bedrooms 5

Full Baths 2

Year Built 1982

Annual Tax Amount $3,231

Tax Year 2025

Lot Size 5,980 Sqft

Acres 0.14

Property Sub-Type Detached

Source Lethbridge and District

Property Description

*********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!

Location

Province AB

County Lethbridge

Zoning R-L

Direction SE

Rooms

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling None

Flooring Carpet, Laminate

Inclusions 2 sheds

Appliance Bar Fridge, Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Laundry In Basement

Exterior

Parking Features Parking Pad

Garage Description Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 52.0

Total Parking Spaces 4

Building

Lot Description Rectangular Lot

Foundation Poured Concrete

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 101347301

Ownership Private


Read Less Info
Listed by Maxwell Devonshire Realty

GET MORE INFORMATION

agent

Karen Cannady

+1(780) 385-8795

Agent | License ID: Agent

Agent License ID: Agent

Name

Phone*

Message

I consent to receive communications about updates, listings, and other related content.