Looking for a smart investment or a way to turn your student's rent payments into long-term equity? This affordable and well-located condo is the perfect opportunity. Whether you're an investor seeking a reliable rental property or parents looking to help your university-aged child build a stronger financial future, this property checks all the boxes. For investors looking to expand their portfolio, there is also a unique opportunity to purchase three of the four units in this fourplex, creating excellent potential for increased cash flow, simplified management, and long-term appreciation. One of the standout features of this property is the exceptionally low condo fees, helping keep monthly ownership costs affordable and maximizing your investment potential. The functional main floor layout offers a spacious living area highlighted by a large patio door that fills the space with natural light and leads to your own private balcony. The updated kitchen provides plenty of functionality, while the dining area is ideal for everyday living. A convenient half bath and a large storage/pantry space complete the main level. Downstairs, you'll find three bedrooms and a 4-piece bathroom, creating a practical setup for students, roommates, or tenants. Location is everything, and this condo delivers. Situated within walking distance of the University of Lethbridge and Nic Sheran Park, you'll appreciate the convenience and lifestyle this area offers. Restaurants, grocery stores, and the Cor Van Raay YMCA are all just a short drive away, making day-to-day living easy and enjoyable. Opportunities like this don't come along often. Whether you're adding to your investment portfolio or helping your child take their first step toward financial success, this property is well worth a look. With low condo fees, an excellent location, strong rental appeal, and the possibility to acquire multiple units within the complex, this is a property that makes financial sense. Contact your REALTOR® to book a viewing today! (id:2493)
Data was last updated June 4, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$449,900
Min list price:
$139,900
Max list price:
$799,000
Avg days on market:
21
Min days on market:
1
Max days on market:
111
Avg price per sq.ft.:
$354.25
These statistics are generated based on the current listing's property type
and located in
Varsity Village. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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