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1241 8 Avenue S
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Beds
2
Baths
1
Sqft
920
Year
1928
Type
Single Family
On market
30d
Incredible Opportunity in the Desirable London Road Area!Looking for a unique property with income potential? This charming home offers the perfect combination of character, comfort, and functionality — ideal for first-time buyers, investors, or anyone needing extra space.- Features Include:• Character home originally built in the 1920s with extensive upgrades completed in 2004• Central air conditioning• New hot water tank• Roof replaced within the last 5 years• Spacious living room perfect for relaxing or entertaining• Convenient main-floor laundry• Functional kitchen and dining area ideal for hosting family and friends• Partial basement with potential for a third bedroom- Dream Shop / Garage Space:The impressive 728 sq. ft. heated shop features:- In-floor heating- Water & sewer hookups- Plenty of room for vehicles, toys, storage, or a workspace- BONUS – Furnished Carriage House!The beautiful one-bedroom carriage house makes an ideal:• Guest suite• Revenue-generating rental opportunityEnjoy relaxing on the front or backyard patio areas while taking advantage of everything this one-of-a-kind property has to offer.- Don’t miss your chance to own this versatile property in one of the city’s most sought-after neighborhoods! Please Note: Garage contains an illegal suite. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 11.25 Ft x 16.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.83 Ft x 19.75 Ft | |
| Living room | 11.58 Ft x 19.08 Ft | |
| Primary Bedroom | 8.58 Ft x 13.25 Ft | |
| 3pc Bathroom | 8.50 Ft x 7.50 Ft | |
| Other | 19.25 Ft x 5.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Rental unit | 15.25 Ft x 27.00 Ft | |
| Rental unit | 9.08 Ft x 10.92 Ft | |
| Rental unit | 9.25 Ft x 7.92 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lethbridge. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.