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Investment signal

$149,000

341 20 Street N

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

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 341 20 Street North, Lethbridge — a fantastic 50 x 125 ft lot in the established community of Westminster. This spacious parcel offers plenty of room for your dream home, garage, or investment property, with convenient rear lane access for flexible parking or future development options. Enjoy living close to parks, schools, shopping, and quick access to major routes — all while being just minutes from downtown. Whether you’re a builder, investor, or homeowner looking for the perfect infill location, this property checks the boxes. Don’t miss this affordable opportunity to build new in a mature neighbourhood. (id:65958)

Subtype
Vacant Land
Community
Westminster
Common interest
Freehold
Lot size
6,236 square feet
Lot dimensions
6236.00
On market
Oct 9, 2025
Status changed
May 1, 2026
Annual tax
$1,070 (2025)
Zoning
R-L(W)
Photos
3
MLS#
A2263634
Area
LETHBRIDGE

Features and systems

Lot

Back laneLevel
Positive cash flow ~$1,341/mo at these assumptions

Cash on cash

54.02%

Cap rate

15.67%

GRM

5.2

Break-even rent

$988

Financing

Down payment$29,800
Loan amount$119,200
Mortgage$604/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$68
Insurance$80
Maintenance$124
CapEx reserve$62
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.

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.

Mortgage estimate

Estimated $604/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 May 1, 2026.

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