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2705 22 Avenue S
Beds
6
Baths
3
Sqft
1,300
Year
1963
Type
Single Family
On market
21d
Pride of ownership shines in this rock-solid, southside home! Lovingly cared for and updated, this unique residence perfectly blends timeless character with massive value-added mechanical updates. The main level welcomes you with impressive vaulted ceilings and a cozy fireplace, leading into a spacious kitchen packed with abundant cabinetry. The upper level offers four comfortable bedrooms and two full bathrooms—a rare and highly functional layout. Heading downstairs, the lower level features a convenient separate rear entrance, offering fantastic suite potential or excellent privacy for a growing family. The true peace of mind lies in the extensive capital upgrades: a new high-efficiency furnace and upgraded subpanel (2022), hot water on demand (2021), all PVC windows, and a commercial-grade torch-on house roof (2014 with a 15-year warranty document included). Step outside into your large backyard, complete with a concrete patio, front underground sprinklers, a Nest doorbell camera, and brilliant permanent Govee holiday lighting (2024) on both the house and garage. Mechanics and hobbyists will fall in love with the massive 28’ x 24’ heated detached garage, which features a paved back lane and a brand-new roof replaced in 2025. Located in a premier southside neighborhood just steps from schools, playgrounds, parks, shopping, dining, sports facilities, and Lethbridge College, the location simply cannot be beat. Bring your cosmetic design ideas to make this solid home your own. Call your favorite Realtor today to book a viewing! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 20.42 Ft x 20.50 Ft | |
| Laundry room | 10.50 Ft x 12.08 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 10.67 Ft x 17.83 Ft | |
| Bedroom | 9.33 Ft x 14.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.42 Ft x 19.08 Ft | |
| Kitchen | 12.42 Ft x 8.92 Ft | |
| Dining room | 12.75 Ft x 10.25 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 11.00 Ft x 14.00 Ft | |
| 3pc Bathroom | .00 Ft x .00 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft | |
| Bedroom | 10.00 Ft x 8.00 Ft | |
| Bedroom | 9.00 Ft x 11.50 Ft | |
| Bedroom | 12.33 Ft x 9.92 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
-1.27%
Cap rate
4.61%
GRM
13.9
Break-even rent
$3,526
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 May 26, 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.