Varsity Village
LIST PRICE
$204,900
56, 55 Lemoyne Crescent W, Lethbridge · T1K4J7
2 BEDROOMS · 1 BATHROOMS · 959 SQFT · BUILT 1977
MLS A2309754 · 76 DAYS ON MARKET
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JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.
RE/MAX Complete Realty · Calgary
What this home — and yours — is really worth right now.
ABOUT THIS HOME
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.
DETAILS
INTERIOR
- BEDROOMS
- 2
- FULL BATHS
- 1
- HALF BATHS
- 0
- LIVING AREA (SQFT)
- 959
- FEATURES
- See Remarks
- APPLIANCES
- Dryer · Electric Stove · Refrigerator · Washer
- FLOORING
- Carpet · Linoleum
- BASEMENT
- Full
- BASEMENT DEVELOPMENT
- Unfinished
BUILDING
- TYPE
- Row/Townhouse
- STYLE
- 2 Storey
- YEAR BUILT
- 1977
- NEW CONSTRUCTION
- No
- CONSTRUCTION
- Wood Frame
- ROOF
- Asphalt Shingle
- FOUNDATION
- Poured Concrete
PARKING
- TOTAL PARKING
- 1
- PARKING
- Stall
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 175,829
- LOT SIZE (ACRES)
- 4.04
- LOT
- Many Trees
- EXTERIOR
- Courtyard
- PATIO & PORCH
- Deck
- FENCING
- None
COMMUNITY
- COMMUNITY
- Varsity Village
- COMMUNITY FEATURES
- None
- ZONING
- R-100
- POSTAL CODE
- T1K4J7
UTILITIES & COSTS
- HEATING
- Forced Air
- COOLING
- None
- CONDO FEE
- $295
- FEE FREQUENCY
- Monthly
- FEE INCLUDES
- Maintenance Grounds · Parking · Professional Management · Reserve Fund Contributions · Snow Removal · Trash
- ANNUAL TAXES
- $1,737