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Lethbridge · Single Family · under $600,000 · 4+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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1726 13 Avenue S
Welcome to 1726 13th Avenue South, where quality, comfort, and investment potential come together in one beautifully maintained property. Located in one of Lethbridge’s most desirable central Southside neighbourhoods, this extensively updated home is perfect for homeowners looking to offset their mortgage, investors seeking a turnkey rental, or families wanting space for multi-generational living. The bright and spacious main floor features three bedrooms, stunning original hardwood flooring, oversized windows that flood the home with natural light, and upstairs central air conditioning for added comfort. Downstairs, the legal two-bedroom suite offers its own beautifully updated kitchen, separate entrance, and private laundry, creating an ideal space for tenants, extended family, or guests. The list of upgrades is impressive, giving buyers confidence for years to come. Recent improvements include solar panels, new upstairs windows, hot water on demand, new roof (2022), new weeping tile surrounding the entire basement, and extensive electrical and plumbing updates completed in 2020–2021. With two furnaces and separate laundry for both suites, each living space enjoys its own comfort and convenience. Outside, you’ll find a front driveway, a double detached garage, additional RV parking, and a charming backyard that’s perfect for relaxing, gardening, or entertaining. Properties offering this level of care, extensive renovations, and a legal income-generating suite are a rare find. Whether you’re looking to supplement your mortgage with rental income or provide a private home for family, this property offers endless possibilities in an unbeatable location close to schools, parks, shopping, restaurants, and all the amenities that make South Lethbridge such a sought-after community. Move in, generate income, and enjoy everything this incredible property has to offer. Contact your REALTOR® today to book your private showing—homes like this don’t stay on the market for long! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 9.17 Ft | |
| Bedroom | 13.25 Ft x 10.83 Ft | |
| Other | 10.50 Ft x 11.75 Ft | |
| Living room | 27.00 Ft x 12.17 Ft | |
| Primary Bedroom | 12.75 Ft x 12.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 10.25 Ft | |
| Bedroom | 11.83 Ft x 11.17 Ft | |
| Bedroom | 11.33 Ft x 10.25 Ft | |
| Dining room | 7.83 Ft x 10.58 Ft | |
| Kitchen | 12.08 Ft x 10.58 Ft | |
| Living room | 19.83 Ft x 14.58 Ft | |
| Primary Bedroom | 11.58 Ft x 11.17 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
-0.56%
Cap rate
4.75%
GRM
13.6
Break-even rent
$3,353
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 8, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.