40 Mohawk Road W, Lethbridge   ||   $415,000

DETAILS

MLS® NUMBER A2224859
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 5
BATHROOMS 2
SQUARE FOOTAGE 1040 Square Feet
YEAR BUILT 1982
BASEMENT None
GARAGE No
TOTAL PARKING 4
*********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: $330,000 (based on 20% down payment)
• Estimated Mortgage Payment: ~$1,750/month (4% interest)
• Estimated Property Tax: ~$280/month
• Estimated Utilities: ~$500/month
• Estimated Total Expenses: ~$2,530/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!
Listing Brokerage: Maxwell Devonshire Realty

MAP

Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.

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