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Lethbridge · Single Family · under $625,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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573 Squamish Lane W
Welcome to 573 Squamish Lane W. This beautifully maintained family home combines comfort, functionality, and thoughtful upgrades in a quiet cul-de-sac location that’s perfect for family living. From the moment you arrive, you’ll appreciate the inviting curb appeal, mature landscaping, and peaceful setting. The fully landscaped backyard offers a private outdoor retreat with plenty of space to relax, entertain, or enjoy time with family and friends. Inside, the bright and spacious main floor is designed for both everyday living and entertaining. Durable laminate has been placed over the tile flooring throughout the main level which adds style and practicality, while the cozy living room fireplace creates a warm and welcoming atmosphere for relaxing evenings at home. The open concept kitchen is both functional and stylish, featuring a convenient corner walk in pantry, ample cabinetry and counter space, and a large eating bar that’s ideal for casual meals, morning coffee, or gathering with guests. Upstairs, the thoughtfully designed layout continues with a spacious bonus room that’s perfect as a family room, media space, playroom, or home office. The upper level laundry room adds everyday convenience, while three generous bedrooms provide plenty of space for the whole family. The primary suite is a true retreat, complete with a large walk in closet and a well appointed ensuite featuring a relaxing soaker tub, separate shower, and dedicated make up vanity. With its excellent layout, desirable features, and quiet family friendly location, this home offers the perfect combination of comfort, style, and practicality. This home has had many updates over the years, siding, roof, and a new hot water tank. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.25 Ft x 5.25 Ft | |
| Bedroom | 8.25 Ft x 9.08 Ft | |
| Family room | 19.42 Ft x 20.58 Ft | |
| Storage | 3.00 Ft x 3.25 Ft | |
| Storage | 12.42 Ft x 11.92 Ft | |
| Furnace | 11.00 Ft x 5.50 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 6.50 Ft x 5.33 Ft | |
| Dining room | 8.67 Ft x 12.00 Ft | |
| Foyer | 11.50 Ft x 7.67 Ft | |
| Kitchen | 12.42 Ft x 12.00 Ft | |
| Living room | 16.92 Ft x 15.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.17 Ft x 5.00 Ft | |
| 4pc Bathroom | 9.75 Ft x 9.25 Ft | |
| Bedroom | 9.92 Ft x 10.08 Ft | |
| Bedroom | 11.00 Ft x 9.75 Ft | |
| Bonus Room | 12.92 Ft x 12.50 Ft | |
| Laundry room | 8.33 Ft x 5.25 Ft | |
| Primary Bedroom | 17.75 Ft x 11.17 Ft | |
| Other | 7.58 Ft x 5.83 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
-1.12%
Cap rate
4.64%
GRM
13.8
Break-even rent
$3,511
Financing
Operating expenses (monthly)
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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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 31, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.