Condo For Sale in Lethbridge, Alberta
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.
| Street Address: | 56, 55 Lemoyne Crescent W |
| City: | Lethbridge |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Lethbridge |
| Subdivision: | Varsity Village |
| Country: | Canada |
| Latitude: | 49.67757976 |
| Longitude: | -112.88369350 |
| MLS® Number: | A2309754 |
| Price: | $209,900 |
| Property Area: | 959 Sq ft |
| Bedrooms: | 2 |
| Bathrooms Half: | 0 |
| Bathrooms Full: | 1 |
| Living Area: | 959 Sq ft |
| Building Area: | 0 Sq ft |
| Year Built: | 1977 |
| Listing Date: | May 07, 2026 |
| Garage Spaces: | 0 |
| Property Type: | Residential |
| Property Subtype: | Row/Townhouse |
| MLS Status: | Active |
| Flooring: | N/A |
| Construction: | Wood Frame |
| Parking: | Stall |
| Appliances: | Dryer,Electric Stove,Refrigerator,Washer |
| Stories: | N/A |
| Zoning: | R-100 |
| Fireplace: | N/A |
| Amenities: | None |
| Heating: | Forced Air |
| Cooling: | None |
| Property Type | Residential |
| Building Type | Row/Townhouse |
| Square Footage | 959 sqft |
| Community Name | Varsity Village |
| Subdivision Name | Varsity Village |
| Title | Fee Simple |
| Land Size | 175,829 sqft |
| Built in | 1977 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | Stall |
| Above Grade | 2 |
| Total | 1 |
| Partial | 0 |
| Appliances Included | Dryer, Electric Stove, Refrigerator, Washer |
| Flooring | Carpet, Linoleum |
| Features | See Remarks |
| Style | Attached |
| Construction Material | Wood Frame |
| Building Amenities | Parking, Snow Removal, Trash |
| Structures | Deck |
| Cooling | None |
| Heating Type | Forced Air |
| Exterior Finish | Wood Frame |
| Community Features | None |
| Pets Allowed | Restrictions, Call |
| Amenities Nearby | None |
| Maintenance Fees | $295 Monthly |
| Maintenance Fees Include | Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Snow Removal, Trash |
| Parking Type | Stall |
| Total Parking Spaces | 1 |
| Total Finished Area: | 959 sq ft |
| Total Finished Area (Metric): | 89.10 sq m |
| Main Level: | 457 sq ft |
| Upper Level: | 502 sq ft |
| Below Grade: | 448 sq ft |
| Bedrooms: | 2 |
| Bathrooms: | 1 |
| Full Bathrooms: | 1 |
| Rooms Above Grade: | 5 |
| Lot Size: | 175,829 sq ft |
| Lot Size (Acres): | 4.04 acres |
| Frontage: | 21 ft |
| Legal Description: | PLAN 7711494 LOT 56 |
| Title to Land: | Fee Simple |
Floor plan information is not available for this property.
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