40 Mohawk Road W
Lethbridge
T1K 5J6
$415,000
Single Family
beds: 5
baths: 2.0
1,040 sq. ft.
built: 1982
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- A2224859
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1982
- Photos (30)
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*********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 (After 20% Down Payment)----Mortgage: ~$1,750/month (4% Interest)----Property Tax: ~$280/month----Utilities: ~$500/month----Total Expenses: ~$2,530/month---- Average of Rent: ~$3,250/month----A POSITIVE CASH FLOW: $3250 - $2530 = ~$720/monthWhether 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! (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Total Living Area:
- 1,040 sq. ft.
- Finished Area Above Grade:
- 1,040 sq. ft.
- Zoning:
- R-L
- Taxes:
- $3,231 / 2025
- Community:
- Indian Battle Heights
- Structure Type:
- House
- Appliances Included:
- Refrigerator, Dishwasher, Stove, Washer & Dryer
- Home Style:
- Bi-level
- Bedrooms:
- 5
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0
- Half Bathrooms:
- 0
- Construction Material:
- Wood frame
- Cooling:
- None
- Fireplace:
- No
- Floor finish:
- Laminate, Carpeted
- Foundation:
- Poured Concrete
- Heating:
- Forced air
- Basement:
- Finished, Full
- Fence Type:
- Fence
- Lot Frontage:
- 52'
- Lot Size:
- 5,980 sq. ft.
- Lot Details:
- 5980.00
- Parking:
- Parking Pad
- Total Parking Spaces:
- 4
- Floor
- Type
- Size
- Other
- Lower level
- Bedroom
- 11'2" × 9'2"
- -
- Lower level
- Bedroom
- 20'5" × 14'8"
- -
- Main level
- Bedroom
- 17'8" × 12'
- -
- Main level
- Bedroom
- 12' × 11'
- -
- Main level
- Other
- 12' × 9'
- -
- Main level
- Kitchen
- 11' × 9'
- -
- Main level
- Bedroom
- 14' × 10'
- -
- Floor
- Ensuite
- Pieces
- Other
- Lower level
- No
- 4
- Main level
- No
- 5
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Listed by Maxwell Devonshire Realty
Data was last updated May 31, 2025 at 05:15 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $429,000
- Min list price:
- $310,000
- Max list price:
- $550,000
- Avg days on market:
- 15
- Min days on market:
- 1
- Max days on market:
- 57
- Avg price per sq.ft.:
- $426.02
These statistics are generated based on the current listing's property type
and located in
Indian Battle Heights. Average values are
derived using median calculations.
- Chuck Gulyas
- RE/MAX real estate - lethbridge
- 403 330-2700
- chuck@lethbridgehome.com
- Kris Sillito
- RE/MAX real estate - lethbridge
- 403 330-3785
- kris@lethbridgehome.com
