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Home AB Greater Lethbridge Lethbridge Indian Battle Heights
40 Mohawk Road W
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40 Mohawk Road W $415,000
$415,000
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40 Mohawk Road W
Lethbridge, Alberta T1K5J6

MLS® Number: A2224859
3 + 2
Bedrooms
2
Bathrooms
1040
Square Feet

Listing 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/monthThis 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! (30608130)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1040 sqft
Community Name
Indian Battle Heights
Subdivision Name
Indian Battle Heights
Title
Freehold
Land Size
5980 sqft|4,051 - 7,250 sqft
Built in
1982
Annual Property Taxes
$3,231
Parking Type
Parking Pad
Time on REALTOR.ca
17 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Washer & Dryer
Flooring
Carpeted, Laminate
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bi-level
Construction Material
Wood frame
Structures
Deck
Heating & Cooling
Cooling
None
Heating Type
Forced air
Neighbourhood Features
Amenities Nearby
Park, Playground, Schools, Shopping
Parking
Parking Type
Parking Pad
Total Parking Spaces
4

Measurements

Square Footage
1040 sqft
Total Finished Area
1040 sqft

Rooms

MetricImperial
Main level
Bedroom
Bedroom
Other
Kitchen
Bedroom
5pc Bathroom
Lower level
Bedroom
Bedroom
4pc Bathroom

Land

Lot Features
Fencing
Fence
Frontage
15.85 m
Land Depth
35.05 m
Other Property Information
Zoning Description
R-L
Data provided by: Pillar 9™

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