INVESTOR OPPORTUNITY!! Seller financing / VTB may be available for qualified purchasers. Flexible acquisition structures may be considered including: Vendor Take Back (VTB), Seller Carry Financing, Joint Venture Structures, Creative Acquisition Strategies! Check out this exceptional income-producing opportunity located just blocks from Chinook Regional Hospital in the heart of Lethbridge! This cash-flowing property features a 3-bedroom, 2-bathroom home with a non-conforming lower suite situated on a large lot offering future potential and flexibility. Currently tenant occupied with long-term renters both upstairs and downstairs, the property generates approximately $3,400/month in combined rental revenue, making it a strong holding asset from day one. Several important upgrades have already been completed, including vinyl windows throughout, a high-efficiency furnace, and an updated hot water tank, helping reduce future maintenance concerns. Both upper and lower suites also feature separate laundry, adding convenience and functionality for tenants. Rare opportunity to acquire an investment property with strong upside potential at an attractive price point. Whether you are looking to expand your portfolio, secure a centrally located revenue property, or explore value-add, repositioning, or future redevelopment opportunities, this property offers strong existing cash flow with additional upside still remaining. Investors considering long-term portfolio growth and future refinance potential will appreciate the flexibility this asset presents. Ideally located near Chinook Regional Hospital, transit, schools, and major amenities, opportunities like this in central Lethbridge do not come available often. Tenant-occupied property with showings available upon 24 hour notice. Contact your REALTOR® today to schedule a showing!
Data was last updated August 6, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
399
Avg list price:
$474,000
Min list price:
$124,900
Max list price:
$1,765,000
Avg days on market:
32
Min days on market:
1
Max days on market:
597
Avg price per sq.ft.:
$368.2
These statistics are generated based on the current listing's property type
and located in
Lethbridge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.