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.
For sale
C$204,900
55 E Lemoyne Cres W #56, Lethbridge, AB T1K 4J7
2beds
959sqft
Townhouse
Built in 1977
4.04 Acres Lot
$-- Zestimate®
C$214/sqft
C$295/mo HOA
What's special
Double closetsAdditional storage space
- 86 days |
- 21 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jason Humphreys, Broker,
Hometime Property Services Ltd. O/A Hometime
Source: courtesy of Pillar9 System,MLS®#: A2309754
Originating MLS®#: Lethbridge and District
Originating MLS®#: Lethbridge and DistrictFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Second
- Dimensions: 15`3" x 10`10"
Bedroom
- Level: Second
- Dimensions: 12`0" x 10`9"
Other
- Level: Second
- Dimensions: 7`2" x 6`9"
Dining room
- Level: Main
- Dimensions: 8`0" x 5`4"
Kitchen
- Level: Main
- Dimensions: 8`0" x 10`3"
Living room
- Level: Main
- Dimensions: 15`3" x 10`10"
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dryer, Electric Stove, Refrigerator, Washer
- Laundry: In Basement
Features
- See Remarks
- Flooring: Carpet, Linoleum
- Basement: Full
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 959.07 sqft
- Finished area above ground: 959
- Finished area below ground: 448
Property
Parking
- Total spaces: 1
- Parking features: Stall, Assigned
Features
- Levels: Two,2 Storey
- Stories: 1
- Patio & porch: Deck
- Exterior features: Courtyard
- Fencing: None
- Frontage length: 6.40M 21`0"
Lot
- Size: 4.04 Acres
- Features: Many Trees
Details
- Parcel number: 101307125
- Zoning: R-100
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1977
Community & HOA
Community
- Features: None
- Subdivision: Varsity Village
HOA
- Has HOA: Yes
- Amenities included: Parking, Snow Removal, Trash
- Services included: Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash
- HOA fee: C$295 monthly
Location
- Region: Lethbridge
Financial & listing details
- Price per square foot: C$214/sqft
- Date on market: 5/9/2026
- Inclusions: N/A
Jason Humphreys, Broker
Jason Humphreys, Broker
(403) 329-6111
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Varsity Village
Nearby schools
GreatSchools rating
No schools nearby
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