pillar/IMG-A2309754_1.jpg
7 days on Market

55 Lemoyne Cres #56, Lethbridge, Alberta T1K4J7

Townhouse
2
1
~959.07 sqft
$209,900
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Townhouse
2
1
~959.07 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$218/sqft

Monthly cost

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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

Style2 Storey
View-
Age of property1977
SqFt~959.07 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2309754
Community NameVarsity Village
Data SourcePILLAR 9
Listing byHomeTime Property Services Ltd. o/a HomeTime

Features

Heating: Forced Air
Basement: Full,Unfinished,None

Main Floor

Kitchen

8`0" x 10`3"

Dining Room

8`0" x 5`4"

Living Room

15`3" x 10`10"


Features

Patio: Deck
Balcony: Deck

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

May 7, 2026
ListedActive
$209,900
7 days on market
history photo preview5
Listing by pillar 9®
Property listed by HomeTime Property Services Ltd. o/a HomeTime, Brokerage
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Population and Demographics

Overview

Total population 6206
Average household income $99,835

Age (%)

0 to 19
25%
20 to 34
31%
35 to 49
17%
50 to 64
13%
65 and plus
14%

Household composition (%)

Single family
58%
Single person
29%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Spanish
1%
German
1%
French
1%

House tenancy (%)

Owners
54%
Renters
46%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget