Property Details

56, 55 Lemoyne Crescent W
Lethbridge (A2309754)

$209,900
2
1
959 ft²
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Loan Term
Interest Rate
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* Amounts are estimates only. Final payment amounts may vary.

Description

Revenue Property Opportunity – Long-Term Tenant in Place! Well-located 2-storey condo townhome offering a practical and desirable layout for tenants, with kitchen, dining, and living room on the main floor, plus 2 bedrooms and a full 4-piece bathroom upstairs. The oversized primary bedroom spans the full width of the unit and features double closets, offering excellent storage and tenant appeal. The unfinished basement includes in-suite laundry with washer and dryer, additional storage space, and future value-add potential. This property has a history of very long-term tenancy, making it an attractive option for investors seeking stable occupancy and reliable rental demand. The unit is currently in lived-in condition and would benefit from cosmetic updates such as paint and flooring over time. Priced accordingly, this creates an excellent opportunity for an investor to improve value gradually while maintaining income potential. Located in a professionally managed condo corporation with consistent upgrades, including all decks replaced last year. Close to shopping, transit, parks, and the university—an ideal rental location with strong tenant demand.

Property details

Basic Info

MLS® #
A2309754
Property Type:
Residential
Subtype:
Row/Townhouse
Subdivision:
Varsity Village
Price
$209,900
Sale/Lease:
For Sale
Size:
959 sq.ft.
Bedrooms:
2
Bathrooms:
1
Year Built:
1977 (49 years old)

Building Info

Structure Type:
Five Plus
Building Style:
2 Storey
Garage:
No
Parking:
Stall
Basement:
Full
Features:
See Remarks
Inclusions:
N/A
Appliances:
Dryer, Electric Stove, Refrigerator, Washer
Laundry:
In Basement
Exterior Features:
Courtyard
Patio/Porch Features:
Deck

Neighborhood Info

Nearby Amenities:
None

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Parking, Snow Removal, Trash
Condo Fee:
$295
Condo Fee Includes:
Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
Pets Allowed:
Yes

Lot / Land Info

Lot Size:
4.04 acres
Lot Features:
Many Trees
Zoning:
R-100

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Carpet, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
None

Listing Info

Possession:
Subject To Tenancy
Days on Market:
34
Your Realtor®

Anne French

Grassroots Realty Group
(403) 894-9537

Email

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