55 Lemoyne CRES W #56, Lethbridge, AB T1K4J7
55 Lemoyne CRES W #56, Lethbridge, AB T1K4J7
55 Lemoyne CRES W #56, Lethbridge, AB T1K4J7
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$204,900
Est. payment /mo
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2 Beds
1 Bath
959 SqFt
Price Dropped by $5K

55 Lemoyne CRES W #56 Lethbridge, AB T1K4J7

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Key Details

Property Type Townhouse

Sub Type Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 959 sqft

Price per Sqft $213

Subdivision Varsity Village

MLS® Listing ID A2309754

Style 2 Storey

Bedrooms 2

Full Baths 1

Condo Fees $295

Year Built 1977

Annual Tax Amount $1,737

Tax Year 2025

Lot Size 4.036 Acres

Acres 4.04

Property Sub-Type Row/Townhouse

Source Lethbridge and District

Property Description

Revenue Property Opportunity – Long-Term Tenant in Place! Well-located 2-storey condo townhome offering a practical and desirable layout for tenants, with kitchen, dining, and living room on the main floor, plus 2 bedrooms and a full 4-piece bathroom upstairs. The oversized primary bedroom spans the full width of the unit and features double closets, offering excellent storage and tenant appeal.

The unfinished basement includes in-suite laundry with washer and dryer, additional storage space, and future value-add potential. This property has a history of very long-term tenancy, making it an attractive option for investors seeking stable occupancy and reliable rental demand.

The unit is currently in lived-in condition and would benefit from cosmetic updates such as paint and flooring over time. Priced accordingly, this creates an excellent opportunity for an investor to improve value gradually while maintaining income potential.

Located in a professionally managed condo corporation with consistent upgrades, including all decks replaced last year. Close to shopping, transit, parks, and the university—an ideal rental location with strong tenant demand.

Location

Province AB

County Lethbridge

Zoning R-100

Direction E

Rooms

Basement Full

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Carpet, Linoleum

Appliance Dryer, Electric Stove, Refrigerator, Washer

Laundry In Basement

Exterior

Parking Features Stall

Fence None

Community Features None

Amenities Available Parking, Snow Removal, Trash

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 21.0

Exposure E

Total Parking Spaces 1

Building

Lot Description Many Trees

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

Structure Type Wood Frame

Others

HOA Fee Include Maintenance Grounds,Parking,Professional Management,Reserve Fund Contributions,Snow Removal,Trash

Restrictions Pet Restrictions or Board approval Required

Tax ID 101307125

Ownership Private

Pets Allowed Restrictions, Call


Listed by HomeTime Property Services Ltd. o/a HomeTime

Nearby Locations

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Blake King

Blake King

Broker | cakingblacakingbla

+1(403) 350-7672

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55 Lemoyne CRES W #56