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533 23 Street S
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Beds
3
Baths
2
Sqft
935
Year
1950
Type
Single Family
On market
253d
Cleaned and move-in ready, 533 23 Street S offers a fantastic opportunity for homeowners and investors alike. This well-located southside bungalow features 3 bedrooms and an income-generating layout with a fully developed basement. The main floor is bright and functional, showcasing a welcoming living room, a practical kitchen and dining area, two bedrooms including the primary, and a full 4-piece bathroom. Downstairs, you’ll find a spacious family room, a third bedroom, a second kitchenette, and a 3-piece bathroom—ideal for extended family or rental potential. Outside, enjoy a large backyard along with a newly built double detached garage, providing ample space for parking and storage. Major updates include new shingles installed in August 2025 on the house, garage, and shed, offering long-term peace of mind. Conveniently located near schools, parks, and everyday amenities, this property delivers comfort, flexibility, and strong investment potential. Be sure to check out the video walkthrough in the links tab or on YouTube by searching the property address. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 6.75 Ft x 4.83 Ft | |
| Bedroom | 9.42 Ft x 13.75 Ft | |
| Family room | 14.00 Ft x 13.83 Ft | |
| Other | 14.83 Ft x 13.67 Ft | |
| Furnace | 11.17 Ft x 13.83 Ft | |
| Storage | 6.00 Ft x 9.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 5.92 Ft x 8.00 Ft | |
| Bedroom | 9.08 Ft x 12.08 Ft | |
| Kitchen | 11.75 Ft x 14.25 Ft | |
| Living room | 16.75 Ft x 14.42 Ft | |
| Primary Bedroom | 14.25 Ft x 12.67 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).
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 28, 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.