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631 14 Street S
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Lethbridge · Single Family · under $400,000 · 2+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Discover the potential in this charming 1,033 sq. ft. bungalow, ideally situated in one of the city’s most sought-after central neighbourhoods. Offering 3 bedrooms, 2 bathrooms, and a generously sized lot, this home presents an outstanding opportunity for first-time buyers, investors, or anyone looking to add value through thoughtful updates.Filled with character, the home features original hardwood flooring in the living room, a cozy wood-burning stove, and beautiful original wood doors and trim that showcase its timeless appeal. The electrical has already been updated, providing an excellent foundation for future improvements.Outside, you’ll appreciate the welcoming covered front porch, spacious backyard complete with a fire pit, and a single detached garage. While the home would benefit from cosmetic renovations and a new roof, it offers incredible potential for someone with vision to transform it into something truly special.Properties with this combination of location, character, lot size, and opportunity are becoming increasingly difficult to find. Whether you’re looking to build equity, renovate to your own style, or invest in a desirable neighbourhood, this is a property you won’t want to miss. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 22.58 Ft x 17.42 Ft | |
| Laundry room | 7.08 Ft x 5.50 Ft | |
| Storage | 15.50 Ft x 17.50 Ft | |
| Bedroom | 10.00 Ft x 11.67 Ft | |
| 3pc Bathroom | 3.42 Ft x 7.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 16.17 Ft x 8.75 Ft | |
| Foyer | 11.50 Ft x 7.75 Ft | |
| Living room | 11.75 Ft x 13.17 Ft | |
| Dining room | 11.75 Ft x 9.33 Ft | |
| Kitchen | 14.75 Ft x 14.33 Ft | |
| Primary Bedroom | 11.08 Ft x 11.58 Ft | |
| Bedroom | 11.00 Ft x 11.42 Ft | |
| 3pc Bathroom | 7.50 Ft x 7.83 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).
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 Jul 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.