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209, 855 Columbia Blvd W
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Welcome to your next home or investment property! This beautifully laid-out 2-bedroom apartment on Lethbridge’s desirable West Side offers the perfect blend of space, comfort, and unbeatable location. Whether you are a student, a professional, or looking to downsize, this condo delivers on all fronts.Intelligent Layout: Enjoy a floor plan that maximizes every square foot, offering excellent flow and zero wasted space. The kitchen boasts ample counter space and storage, making meal prep and entertaining a breeze. No need to compromise on furniture. Both bedrooms are generously sized, providing peaceful retreats with plenty of closet space. Start your mornings right with your coffee on the private balcony, soaking in the beautiful morning sun. Situated in a vibrant West Side community, you are positioned perfectly for both work and play. Surrounded by numerous parks, walking trails and not far from the University. Close to transit - right outside the building! Don't miss out on this West Side gem. Perfect as a savvy investment property or a place to call your own. Schedule a viewing with your favorite Realtor today! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 10.92 Ft x 15.83 Ft | |
| Kitchen | 8.83 Ft x 10.25 Ft | |
| Dining room | 7.33 Ft x 9.50 Ft | |
| Primary Bedroom | 10.33 Ft x 15.33 Ft | |
| Bedroom | 8.42 Ft x 15.42 Ft | |
| 4pc Bathroom | 4.92 Ft x 10.25 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
26.31%
Cap rate
10.13%
GRM
7.5
Break-even rent
$1,115
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 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.