244 Mayor Magrath Drive N, Lethbridge

244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 1

36 Photos

244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 2
244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 3
244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 4
244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 5
244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 6
244 Mayor Magrath Drive N, Lethbridge, AB T1H3P8 Photo 7
  • Living area: 8480 square feet
  • MLS®: a2088239
  • Added: 205 days ago

Property Details

Great opportunity to own a Multi-Family investment property. There are 16 total units in this building, and 14 of them are available as a package in this sale. Units 2,3,5,6,7,8,9,10,11,12,13,14,15,16. Monthly rent is currently $17,965. These units have been meticulously cared for over the years. Units all upgraded from 2011-2014. Including new windows, doors, fixtures, cabinets, carpets, water tanks, and furnaces. Units all come with Fridge, stove, dishwasher, hood-fan, and washer/dryer. Units are setup as a condo corp. There is great parking, with energized spots. There is also a lot of street parking available. This is a nice solid investment property. (14 units pay $2,520/month condo fees. (id:1945)

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Property Information

  • Tax Lot: 2,3,5,6,7,8,9,10,11,12,13,14,15,16
  • Heating: Forced air, Natural gas
  • Tax Year: 2023
  • Tax Block: -
  • Year Built: 1972
  • Living Area: 8480
  • Photos Count: 36
  • Lot Size Units: square feet
  • Parcel Number: 0030901979
  • Structure Type: Multi-Family
  • Association Fee: 2520
  • Common Interest: Condo/Strata
  • Street Dir Suffix: North
  • Subdivision Name: Westminster
  • Tax Annual Amount: 28406
  • Building Area Total: 8480
  • Existing Lease Type: Other, See Remarks
  • Lot Size Dimensions: 32379.00
  • Number Of Buildings: 4
  • Zoning Description: R-75(W)
  • Above Grade Finished Area: 8480
  • 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 0.9 km
DAIRY QUEEN BRAZIER Store 516 13 St N 1.0 km
CHLB-FM CHLB-FM is currently owned by the Jim Pattison Gro... 1.0 km
Denny's Restaurant 421 Mayor Magrath Dr S 1.0 km
Papa John's Pizza Restaurant 487 Mayor Magrath Dr S 1.0 km
Lethbridge Collegiate Institute School Lethbridge 1.0 km
Earls Restaurant Restaurant 203 13 St S 1.0 km
7-Eleven Grocery or supermarket 491 Mayor Magrath Dr S 1.0 km
Lethbridge Collegiate Institute 51 that serves grades nine through twelve... 1.0 km
244 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 244 Mayor Magrath Drive N. The current price of the property is $2,690,000, 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 $2,152,000. This would result in a monthly mortgage payment of $12,579 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
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