819 16 Street S, Lethbridge, Alberta T1J 3B6
About This Property
EXCELLENT REVENUE OPPORTUNITY WITH A LEGAL BASEMENT SUITE! Ideally situated within walking distance of the Lethbridge Regional Hospital, this well-maintained 1,100 sq. ft. bungalow offers an outstanding opportunity for homeowners and investors alike. Situated on a generous 63' x 130' lot with convenient rear-lane access, this versatile property has benefited from numerous recent improvements, including updated shingles, flooring, bathrooms, furnace, hot water heater, electrical, basement kitchen, and more! The bright and inviting main floor features an updated kitchen with newer countertops and an attractive tile backsplash, along with the added convenience of separate laundry facilities. Large kitchen windows overlook the expansive backyard, offering plenty of room for gardening enthusiasts, outdoor entertaining, or the construction of that dream garage you've always wanted—perhaps even all three! The fully developed lower level features a LEGAL two-bedroom basement suite, complete with a beautifully updated kitchen, cozy gas fireplace, private laundry facilities, and a separate rear entrance. Whether you're looking to offset your mortgage with rental income, accommodate extended family, or add a solid revenue property to your investment portfolio, the possibilities are certainly appealing. A single attached front garage provides sheltered parking for a smaller vehicle, while the oversized lot offers exceptional flexibility for future use. With its desirable hospital-area location, extensive updates, and legal suite, this is a property that deserves your attention!
Key Features
- Built in 1951
- Basement: Finished, Full, Separate entrance, Suite
- Attached Garage Parking
- 2 Fireplaces
- Golf Course Development
- Lake Privileges
Property Details
Bedrooms & Bathrooms
Size
Interior
Building
Parking
Neighbourhood
Land
Financial
Rooms
Main Level
Basement
Room measurements are supplied by the listing brokerage and are approximate.
What’s nearby
- General Stewart Elementary School 1.7 km21 min walk
- Agnes Davidson School 1.9 km24 min walk
- Lakeview School 2.0 km25 min walk
- Holy Spirit Catholic School Division 2.4 km30 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Lethbridge School Division or Holy Spirit Catholic Schools.
Tap a place for directions. Places from OpenStreetMap contributors.
Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
- Mortgage$1,996
- Property tax$331
- Estimated total$2,327/mo
View on REALTOR.ca
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