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1305 7 Street N
Beds
6
Baths
5 full + 1 half
Sqft
2,774
Year
2014
Type
Single Family
On market
4d
Welcome to 1305 7 Street N — a beautiful and traditional craftsman-style home built in 2014, offering space, versatility, and an unbeatable northside location. Conveniently situated just off Scenic Drive and Stafford Drive, this property provides quick access across the city while being steps from the coulees with scenic walking paths and a great sledding hill. Enjoy family-friendly living only 4 minutes from Legacy Park. Exceptional functionality with a true double attached garage in the front and an additional detached shop/double garage at the rear with alley access (both heated). A rare bonus is the legal suite above the garage, creating excellent income potential or flexible multigenerational living options.This thoughtfully designed 1,888 sq. ft. two-storey home offers an ideal family layout with 4 bedrooms and 3.5 bathrooms. The main floor features a dedicated office, perfect for working from home or homework space, while the spacious basement provides an excellent area for kids to play, entertain, or relax. Designed with comfort and function in mind, this home offers room for the whole family to grow.Step outside into a backyard built for making memories. The large yard includes underground sprinklers, a stunning 15’ x 30’ covered patio ideal for entertaining, a hot tub, in-ground trampoline, and a massive sandbox — creating the ultimate outdoor space for both kids and adults to enjoy.Adding tremendous value is the legal 842 sq. ft. Suite with separate entrance above the garage, featuring 2 bedrooms, 1 full bathroom, and its own laundry. Whether used as a mortgage helper, rental income opportunity, guest accommodation, or space for extended family, this suite adds flexibility and long-term value rarely found in the market. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 10.92 Ft x 10.83 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 12.33 Ft x 11.25 Ft | |
| Bedroom | 11.25 Ft x 11.92 Ft | |
| Primary Bedroom | 13.00 Ft x 12.25 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 8.92 Ft x 13.33 Ft | |
| Bedroom | 13.50 Ft x 10.33 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).
Cash on cash
-0.94%
Cap rate
4.68%
GRM
13.9
Break-even rent
$4,906
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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 Jun 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.