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Reduced $20,000 (3%) from $610,000
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22 Riverstone Boulevard W
Beds
4
Baths
3
Sqft
1,337
Year
2004
Type
Single Family
On market
83d
An exceptional offering in the highly sought-after community of Riverstone, this beautifully refined raised bungalow presents over 2,500 sq. ft. of meticulously curated living space, thoughtfully designed for both comfort and sophistication.From the moment you enter, the quality of finish and attention to detail are evident. The main level is adorned with rich engineered hardwood flooring and enhanced by upgraded lighting throughout, creating a warm and cohesive aesthetic. The inviting living room is anchored by a gas fireplace and framed by expansive front windows with custom remote control blinds, capturing serene north facing views across a picturesque green strip, an ideal vantage point to enjoy natural light and local wildlife.The adjoining dining area transitions seamlessly into a well appointed kitchen, where contemporary cabinetry, a distinctive island, and elegant granite countertops come together to create a functional yet stylish culinary space.The primary suite offers a generous and tranquil retreat, complete with ample closet space and a beautifully updated ensuite featuring granite surfaces and a striking artistic sink. A second main floor bedroom provides versatility for guests or a private office. The main level is further complemented by a luxurious 4 piece bathroom with a jetted tub, along with the added convenience of main floor laundry.The fully developed lower level extends the home’s living space with a spacious and welcoming recreation room, highlighted by an electric fireplace and large windows that invite natural light. Two additional bedrooms and a full 4 piece bathroom ensure comfort and flexibility for family or guests.Outdoors, the rear yard has been thoughtfully designed for enjoyment and entertaining, featuring an attractive stone patio and generous space for outdoor living. Completing the property is a heated double attached garage with rear lane access, along with two additional parking spaces- an increasing valued feature. Thi s is a rare opportunity to acquire a beautifully maintained and elegantly appointed home in one of Lethbridge's most desirable neighbourhoods- where lifestyle, quality, and location converge. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 18.00 Ft x 29.92 Ft | |
| Bedroom | 11.17 Ft x 11.00 Ft | |
| Bedroom | 10.83 Ft x 11.08 Ft | |
| 4pc Bathroom | 8.25 Ft x 11.00 Ft | |
| Storage | 8.92 Ft x 11.42 Ft | |
| Furnace | 6.58 Ft x 11.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.00 Ft x 13.08 Ft | |
| Dining room | 11.00 Ft x 12.00 Ft | |
| Kitchen | 12.33 Ft x 14.00 Ft | |
| Primary Bedroom | 15.00 Ft x 13.00 Ft | |
| 3pc Bathroom | 8.00 Ft x 7.25 Ft | |
| Bedroom | 11.83 Ft x 9.67 Ft | |
| Laundry room | 8.00 Ft x 5.50 Ft | |
| 4pc Bathroom | 5.00 Ft x 9.50 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
-1.09%
Cap rate
4.65%
GRM
13.8
Break-even rent
$3,663
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 6, 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.