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Investment signal

$379,900

4312 3 Avenue S

Save this home

Beds

3

Baths

1

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fairview (Hamlet). 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 a home that offers space to grow, room to gather, and future potential, all set in a quiet community on a massive lot. Inside, this 1½ storey home blends character and comfort with a renovated main floor featuring updated flooring and paint, a cozy wood-burning fireplace, and a charming antique front door that sets the tone from the moment you arrive. The main level includes two bedrooms, including a spacious primary, while the upper level offers two versatile bonus rooms—ideal for a home office, kids’ spaces, or guests. Recent updates include shingles (2016), hot water tank (approx. 9 years), PVC windows on the main floor, and 100 amp electrical service. The home is connected to city water and sewer, offering convenience and peace of mind. Outside, you’ll find a double detached garage, a fenced garden area, and plenty of space to enjoy now—or reimagine later. With the size of the lot, there is potential for future redevelopment, including the possibility of a duplex (buyer to verify with Lethbridge County). Located in the Fairview area, you’ll appreciate the balance of a peaceful setting with the benefit of lower property taxes and access to city amenities. (id:65958)

Subtype
Single Family
Structure
House
Common interest
Freehold
Living area
1,365 square feet
Lot size
9,786.34 square feet
Lot dimensions
9786.34
Bedrooms
3 above grade, 0 below grade
Parking
2 total
Stories
1.5
Fireplace
1
On market
Apr 9, 2026
Status changed
Apr 25, 2026
Annual tax
$1,744 (2025)
Zoning
Hamlet Residential
Photos
50
MLS#
A2298309
Area
FAIRVIEW_(HAMLET)

Features and systems

Parking

Detached Garage

Basement

UnfinishedPartial

Appliances

WasherRefrigeratorStoveDryerWindow Coverings

Heating

Forced air

Cooling

None

Construction

Wood frame

Flooring

LaminateCarpeted

Foundation

Block

Lot

See remarksBack lane
Positive cash flow ~$11/mo at these assumptions

Cash on cash

0.18%

Cap rate

4.90%

GRM

13.2

Break-even rent

$2,388

Financing

Down payment$75,980
Loan amount$303,920
Mortgage$1,540/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$174
Insurance$80
Maintenance$317
CapEx reserve$158
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 $1,540/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 25, 2026.

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