40 Mohawk Road West Lethbridge, AB T1K 5J6

$415,000
5
Beds
2
Baths
0.14
Acres
1,040
SQFT
399
$/SQFT
$415,000
5
Beds
2
Baths
1,040   sf
$399 / sf
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active
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*********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 (After 20% Down Payment)----Mortgage: ~$1,750/month (4% Interest)----Property Tax: ~$280/month----Utilities: ~$500/month----Total Expenses: ~$2,530/month---- Average of Rent: ~$3,250/month----A POSITIVE CASH FLOW: $3250 - $2530 = ~$720/monthWhether 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!

*********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 (After 20% Down Payment)----Mortgage: ~$1,750/month (4% Interest)----Property Tax: ~$280/month----Utilities: ~$500/month----Total Expenses: ~$2,530/month---- Average of Rent: ~$3,250/month----A POSITIVE CASH FLOW: $3250 - $2530 = ~$720/monthWhether 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!

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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. Last updated: 2025-05-29 12:31:47
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Property details

Community Features

  • No HOA

Property Features

  • InLaw Suite

Exterior features

  • Deck
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full

Style

  • One Story
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