55 Lemoyne Crescent W Unit 56, Lethbridge, Alberta T1K4J7

$204,900
2
BD
1
BA
959
SqFt

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List Price
$204,900
Status
ACTIVE
MLS® #
A2309754
Price Change
▼ $5,000 1784927341
Days on Market
83
Year Built
1977
Style
2 Storey
Bedrooms
2
Total baths
1
SqFt
959
Area
Lethbridge
Community
Varsity Village

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.

Additional Information

Condo Fee
$295
Condo Fees Include
Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Basement Desc
Full
Heating
Forced Air
Roof
Asphalt Shingle
Parking Desc
Stall
Parking Spaces
1
Acres
4.04

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Calculator source: Real Geeks

Courtesy of HomeTime Property Services Ltd. o/a HomeTime.

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