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16, 720 Heritage Boulevard W
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Lethbridge · Single Family · under $350,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to West Point Condominiums — a well-maintained duplex-style bare land condo perfectly located in West Lethbridge! This inviting 3-bedroom, 2.5-bath home offers 1,166 sq. ft. above grade plus a beautifully developed basement completed within the last five years.Step inside to find hardwood flooring, heated tile floors, and a bright, open layout that feels instantly like home. The kitchen and dining area flow seamlessly to a good-sized private deck overlooking a fenced backyard — perfect for morning coffee, BBQs, or relaxing in your own outdoor space. With no neighbour beside you, you’ll appreciate the added sense of privacy and peace.Upstairs features two spacious bedrooms and a full bath, while the lower level includes an additional bedroom, bathroom with custom tile shower, and laundry area with extra pot lights, a sliding barn door, and stylish laminate flooring.Recent updates include a new furnace (2018), hot water tank (2021), air conditioning, and a sump pump for extra peace of mind. With low condo fees, this property is ideal for first-time home buyers, downsizers, or anyone looking for a solid revenue property in a prime westside location near shopping, parks, schools, and the University of Lethbridge. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 8.33 Ft x 5.92 Ft | |
| Bedroom | 28.75 Ft x 11.58 Ft | |
| Laundry room | 7.08 Ft x 6.83 Ft | |
| Furnace | 8.25 Ft x 3.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 12.00 Ft x 12.58 Ft | |
| 2pc Bathroom | 7.08 Ft x 3.67 Ft | |
| Dining room | 5.33 Ft x 12.00 Ft | |
| Living room | 12.17 Ft x 12.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 4.92 Ft x 8.17 Ft | |
| Bedroom | 5.33 Ft x 12.25 Ft | |
| Primary Bedroom | 13.58 Ft x 13.67 Ft | |
| Other | 6.67 Ft x 7.50 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
7.33%
Cap rate
6.33%
GRM
10.9
Break-even rent
$1,995
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 Jun 22, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.