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Investment signal

$430,000

235 15 Street N

Save this home

Beds

3

Baths

2

Sqft

Year

1976

Type

Single Family

Suite

Suite potential

Location nearby

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.

About this home

Welcome to this move-in ready family home, thoughtfully updated over the years and designed for comfortable everyday living. From the moment you step inside, you’ll appreciate the bright and inviting atmosphere, enhanced by large newer windows that fill the home with natural light.The beautifully updated kitchen is the heart of the home, featuring modern finishes and plenty of space for cooking, gathering, and entertaining. Both bathrooms have been tastefully renovated, and recent upgrades such as a newer roof and Pekaroll shutters add peace of mind and everyday convenience. This home offers 3 well-sized bedrooms—two on the upper level and one downstairs—with the potential to easily add a fourth bedroom to suit your family’s needs. The walkout basement provides excellent flexibility, including the opportunity for future rental income or multi-generational living. Step outside to enjoy the massive backyard, complete with a covered deck and a spacious lower patio—perfect for summer barbecues, relaxing evenings, or hosting friends and family. Situated in a quiet, mature neighborhood, this home offers the ideal balance of comfort, functionality, and long-term value. (id:65958)

Subtype
Single Family
Architectural style
Bi-level
Structure
House
Community
Westminster
Common interest
Freehold
Living area
938 square feet
Lot size
6,235 square feet
Lot dimensions
6235.00
Bedrooms
2 above grade, 1 below grade
Parking
4 total
On market
Apr 15, 2026
Status changed
Apr 20, 2026
Annual tax
$3,019 (2025)
Zoning
R-L(W)
Photos
39
MLS#
A2301622
Area
LETHBRIDGE

Features and systems

Parking

Detached Garage

Basement

FinishedFullSeparate entranceWalk out

Appliances

RefrigeratorRange - ElectricDishwasherWasher & Dryer

Heating

Forced air

Cooling

Central air conditioning

Flooring

Vinyl

Foundation

Poured Concrete

Lot

Back lanePVC window
Negative cash flow ~$278/mo at these assumptions

Cash on cash

-3.87%

Cap rate

4.09%

GRM

14.9

Break-even rent

$2,692

Financing

Down payment$86,000
Loan amount$344,000
Mortgage$1,743/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$197
Insurance$80
Maintenance$358
CapEx reserve$179
Vacancy loss$120

Estimates 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.

Mortgage estimate

Estimated $1,743/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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