Property Details

Featured in:

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Featured in:

Winners:

47 Highlands Place W
Lethbridge (A2302093)

$999,999
594 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

Excellent investment opportunity at 47 Highlands Place W — a well-maintained fourplex in a prime Westside location close to Safeway, Home Hardware, Banks, and a wide range of everyday amenities. This property features four self-contained units, each offering 594 sq ft on the main floor plus a fully developed basement. Every unit includes a functional and consistent layout with 3 bedrooms in the lower level, a full bathroom downstairs, and a convenient half bathroom on the main floor. The main level also offers a spacious kitchen complete with an island, ample counter space, a pantry, and a large walk-in storage room next to the kitchen for added practicality. Each unit enjoys its own private 12’ x 4’ balcony, while the property also includes underground sprinklers, a side yard shed, and durable stucco exterior. There is ample parking with 6+ off-street stalls, four exterior plug-ins, and separately metered utilities for each unit—an ideal setup for managing expenses. The property has seen updates throughout the years, including newer appliances across the units, four new dishwashers installed in 2025, Washer & dryer are also located on the lower level, and updated blinds in several suites. Pride of ownership is evident, making this a solid, turn-key addition to any portfolio. Currently configured with three rented units and one vacant unit, this offers immediate income with the flexibility to set your own rent or occupy a unit. A strong revenue property in a sought-after rental location—ideal for both new and seasoned investors.

Property details

Basic Info

MLS® #
A2302093
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
West Highlands
Price
$999,999
Sale/Lease:
For Sale
Size:
594 sq.ft.
Year Built:
2003 (23 years old)

Building Info

Structure Type:
Four Plex
Garage:
No
Parking:
Off Street, Oversized, Parking Pad, Plug-In
Fence:
Basement:
Full
Inclusions:
4 x Dishwashers, 4 x Refrigerators, 4 x Range Hoods, 4 X Stoves, 4 x Washer and Dryers, Window coverings, Shed, Underground Sprinklers. A/C in Unit #3 only.
Appliances:
Dishwasher, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Lot / Land Info

Lot Size:
0.20 acres
Zoning:
R-100

Materials & Systems

Exterior:
Stucco,Wood Frame
Floors:
Carpet, Vinyl
Heating:
Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
Negotiable
Days on Market:
3
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Grassroots Realty Group Ltd.
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