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2211 18 Avenue S
Beds
5
Baths
2
Sqft
1,280
Year
1960
Type
Single Family
On market
12d
Why pay the full mortgage yourself? The newer legal basement suite offers estimated rental income of approximately $1,600/month, plus another $350/month potential from the garage rental — significantly reducing your ownership costs.A rare opportunity to own a completely reimagined home in an exceptional location. Welcome to 2211 18 Ave South — a beautifully renovated 5-bedroom, 2-bathroom legally suited property designed for modern living, lifestyle flexibility, and long-term value. Located in one of the city’s most desirable south side neighbourhoods, this home places you close to parks, schools, shopping, restaurants, and downtown amenities while still offering the charm and feel of an established community.This is the kind of home where everything can grow — grow your family with spacious, functional living across two beautifully finished levels, grow your wealth with income potential from the legal basement suite, and even grow your plants with the incredible natural light that floods the home through all-new windows.The heart of the home is the stunning fully renovated kitchen, thoughtfully designed with an open-concept layout perfect for entertaining and everyday living. Featuring modern finishes, updated cabinetry, beautiful countertops, stylish lighting, and an effortless flow into the main living space, it’s a space that feels both elevated and inviting.Extensively upgraded from top to bottom with no detail overlooked, improvements include new 200 amp electrical service with underground connection and new panels, new plumbing, new basement groundworks to the edge of the home, backwater flow valve, new windows and doors, modern lighting throughout, fully renovated upper and lower levels, new front siding, freshly painted exterior (2026), new deck (2025), new window coverings, and an incredible newly built garage.An ideal blend of character, functionality, natural light, and investment potential in a truly unbeatable location. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 10.83 Ft x 10.33 Ft | |
| Bedroom | 10.92 Ft x 12.33 Ft | |
| Eat in kitchen | 12.33 Ft x 11.83 Ft | |
| Laundry room | 9.92 Ft x 5.00 Ft | |
| Recreational, Games room | 26.50 Ft x 16.67 Ft | |
| Furnace | 10.50 Ft x 6.08 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 9.92 Ft x 13.50 Ft | |
| Bedroom | 10.75 Ft x 12.08 Ft | |
| Eat in kitchen | 19.00 Ft x 12.33 Ft | |
| Living room | 17.67 Ft x 21.00 Ft | |
| Primary Bedroom | 11.00 Ft x 13.50 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
-1.21%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,572
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 1, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.