pillar/IMG-A2240999_1.jpg
19 hours on Market

40 Mohawk Rd, Lethbridge, Alberta T1K 5J6

Detached
3 + 2
2
~1040.00 sqft
$399,900
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Detached
3 + 2
2
~1040.00 sqft

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Highlights

Property Estimate

Days on market19 hours

Estimated valueNot available

Price/Sqft$384/sqft

Monthly cost

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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: $320,000 (based on 20% down payment) • Estimated Mortgage Payment: ~$1,700/month (4% interest) • Estimated Property Tax: ~$280/month • Estimated Utilities: ~$500/month • Estimated Total Expenses: ~$2,480/month • Current Average Rent: ~$3,250/month This 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!


Property Details

StyleBi-Level
View-
Age of property1982
SqFt~1040.00 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2240999
Community NameIndian Battle Heights
Data SourcePILLAR 9
Listing byMaxwell Devonshire Realty

Features

Heating: Forced Air
Basement: Separate/Exterior Entry,Finished,Full,Walk-Up To Grade

Main Floor

Bedroom

12`0" x 17`8"

Kitchen

9`0" x 11`0"

Bedroom

12`0" x 11`0"

Bedroom

14`0" x 10`0"


Features

Patio: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Jul 18, 2025
ListedActive
$399,900
19 hours on market
history photo preview27
Listing by pillar 9®
Property listed by Maxwell Devonshire Realty, Brokerage
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Market Data - Indian Battle Heights

Geo Zone Map ThumbnailIndian Battle Heights

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

14 days

2023

36 days

2022

0 day

New Listings

Past 30 days

12 listings

Compared to

2024

12 listings

2023

9 listings

2022

5 listings

Units sold

Past 30 days

12 units

Compared to

2024

12 units

2023

19 units

2022

0 unit

Median Sold Price

Past 30 days

$422,350

Compared to

2024

$384,500

2023

$356,000


Population and Demographics

Overview

Total population 5982
Average household income $113,033

Age (%)

0 to 19
26%
20 to 34
26%
35 to 49
18%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
67%
Single person
23%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
Arabic
1%
Spanish
1%

House tenancy (%)

Owners
70%
Renters
30%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget