Homes for sale - 40 Mohawk RD West, Lethbridge, AB T1K 5J6

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Sam Pond

sam@sampond.ca +1(403) 889-0913

$399,900

Est. payment - /mo

5 Beds

2 Baths

1,040 SqFt

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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 $384

Subdivision Indian Battle Heights

MLS® Listing ID A2240999

Style Bi-Level

Bedrooms 5

Full Baths 2

Year Built 1982

Lot Size 5,980 Sqft

Acres 0.14

Property Sub-Type Detached

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: $320,000 (based on 20% down payment) • Estimated Mortgage Payment: ~$1,700/month (4% interest) • Estimated Property Tax: ~$280/month • Estimated Utilities: ~$500/month • Estimated Total Expenses: ~$2,480/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 Separate/Exterior Entry, Finished, Full, Walk-Up To Grade

Interior

Interior Features Ceiling Fan(s), No Animal Home, No Smoking Home

Heating Forced Air

Cooling None

Flooring Carpet, Laminate

Fireplaces Number 1

Fireplaces Type Gas

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

Laundry In Basement

Exterior

Exterior Feature Private Yard

Parking Features Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Tennis Court(s)

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 52.0

Total Parking Spaces 5

Building

Lot Description Rectangular Lot

Dwelling Type House

Foundation Poured Concrete

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 101347301

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Listed by Maxwell Devonshire Realty

"Interested in this home? Or similar properties to this one? Reach out, let's talk about the next step."

+1(403) 889-0913

sam@sampond.ca

Calgary, AB, CAN

40 Mohawk RD West Lethbridge, AB T1K 5J6