228 230 Mayor Magrath Drive N, Lethbridge

228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 1

16 Photos

228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 2
228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 3
228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 4
228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 5
228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 6
228 230 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 7
  • Living area: 5810.34 square feet
  • MLS®: a2098418
  • Type: Townhouse
  • Added: 99 days ago

Property Details

Embrace a unique opportunity to own an impeccably maintained 8-plex featuring charming 2-story townhomes surrounding a courtyard. This property is thoughtfully divided into two distinct 4-unit buildings, offering a blend of five spacious 2-bedroom units. Recent upgrades, including new windows, a durable roof, plush carpets, and modern appliances, add a touch of contemporary elegance to this investment.A meticulous renovation occurred approximately four years ago, as five units had their basements expertly finished to include a coveted third bedroom. This well-executed enhancement, completed with proper permits and attention to detail, features new wiring and upgraded electrical panels, elevating the property's overall appeal.Each unit comes complete with the convenience of in-suite laundry, offering a modern touch to everyday living. The location is a standout feature, close to bus routes, schools, parks, and shopping destinations. This versatile property presents a prime investment opportunity, combining comfort, modernity, and proximity to essential amenities. (id:1945)

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Property Information

  • Tax Lot: 6
  • Cooling: None
  • Heating: Forced air, Natural gas
  • Tax Year: 2023
  • Tax Block: 2
  • Year Built: 1970
  • Living Area: 5810.34
  • Lot Features: Back lane, Level
  • Photos Count: 16
  • Lot Size Units: square feet
  • Parcel Number: 0016507213
  • Parking Total: 8
  • Structure Type: Multi-Family
  • Common Interest: Freehold
  • Road Surface Type: Paved road
  • Street Dir Suffix: North
  • Subdivision Name: Westminster
  • Tax Annual Amount: 17258.7
  • Building Area Total: 5810.34
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 13254.00
  • Number Of Buildings: 2
  • Zoning Description: R-75(W)
  • Above Grade Finished Area: 5810.34
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Coal Banks Trail It connects all of the city's major urban parks, a... 0.4 km
Ric's Grill Restaurant 103 Mayor Magrath Dr S 0.6 km
Moxie's Classic Grill Restaurant 1721 3 Ave S 0.8 km
Georgio's Contemporary Dining Ltd Restaurant 1520 3 Ave S 0.8 km
CHLB-FM CHLB-FM is currently owned by the Jim Pattison Gro... 0.9 km
Denny's Restaurant 421 Mayor Magrath Dr S 0.9 km
Papa John's Pizza Restaurant 487 Mayor Magrath Dr S 0.9 km
7-Eleven Grocery or supermarket 491 Mayor Magrath Dr S 1.0 km
Lethbridge Collegiate Institute School Lethbridge 1.0 km
Lethbridge Collegiate Institute 51 that serves grades nine through twelve... 1.0 km
Lethbridge School District No. 51 51 is the public school board in Lethbridge, Alber... 1.0 km
Earls Restaurant Restaurant 203 13 St S 1.0 km
Similar Townhouses Stat in Lethbridge
We have found 2 Townhomes that closely match the specifications of the property located at 228 230 Mayor Magrath Drive N with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 950,000 and 1,134,700, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the T1H3P8 postal code area of Lethbridge Alberta Canada.
228 230 Mayor Magrath Drive N mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 228 230 Mayor Magrath Drive N. The current price of the property is $1,344,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,075,200. This would result in a monthly mortgage payment of $6,285 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 30
Certificate of Qualification 10
College 60
University degree at bachelor level or above 30

Neighbourhood Marital Status Stat

Married 110
Widowed 10
Divorced 45
Separated 5
Never married 140
Living common law 65
Married or living common law 175
Not married and not living common law 200

Neighbourhood Construction Date

1961 to 1980 80
1981 to 1990 25
1991 to 2000 10
1960 or before 80
Comparison of 228 230 Mayor Magrath Drive N, Lethbridge, AB with Nearby Townhouses
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