Property Details

Featured in:

Winners:

Featured in:

Winners:

40 Mohawk Road W
Lethbridge (A2224859)

$415,000
5
2
1,040 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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!

Property details

Basic Info

MLS® #
A2224859
Property Type:
Residential
Subtype:
Detached
Subdivision:
Indian Battle Heights
Price
$415,000
Sale/Lease:
For Sale
Size:
1,040 sq.ft.
Bedrooms:
5
Bathrooms:
2
Year Built:
1982 (43 years old)

Building Info

Structure Type:
House
Building Style:
Bi-Level
Garage:
No
Parking:
Parking Pad
Fence:
Fenced
Basement:
Finished, Full
Features:
Ceiling Fan(s)
Inclusions:
2 sheds
Appliances:
Bar Fridge, Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Laundry:
In Basement
Exterior Features:
Private Yard
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.14 acres
Lot Features:
Rectangular Lot
Zoning:
R-L

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Carpet, Laminate
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
Negotiable
Days on Market:
5
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Grassroots Realty Group Ltd.
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