505 509 23 St S, Lethbridge

505 509 23 St S, Lethbridge, AB T1J3M9 Photo 1

50 Photos

505 509 23 St S, Lethbridge, AB T1J3M9 Photo 2
505 509 23 St S, Lethbridge, AB T1J3M9 Photo 3
505 509 23 St S, Lethbridge, AB T1J3M9 Photo 4
505 509 23 St S, Lethbridge, AB T1J3M9 Photo 5
505 509 23 St S, Lethbridge, AB T1J3M9 Photo 6
505 509 23 St S, Lethbridge, AB T1J3M9 Photo 7
  • Living area: 911.76 square feet
  • MLS®: a2122042
  • Added: 14 days ago

Property Details

Introducing a thoughtfully updated duplex in a serene south side neighborhood. This income property offers a lucrative opportunity with two main floor units, and two illegal basement suites, providing substantial rental income potential. Thoughtfully designed with bright, open living spaces, this property ensures both comfort and style. Large main floor units offer spacious living areas, perfect for tenants or owners alike. Enjoy ample yard space for outdoor activities and relaxation, while the large 3-car heated garage provides convenience and storage solutions or further rental income. Located in a quiet neighborhood, you'll appreciate the peaceful atmosphere and sense of community. Whether you're an investor looking for a profitable rental property or a homeowner seeking supplementary income, this duplex has it all. Take advantage of this rare chance to own a desirable income property in a prime location. The square footage advertised represents one main floor unit. Contact your favorite realtor today to schedule a private showing! (id:1945)

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Property Information

  • Tax Lot: LOT 9 AND THE SOUTH HALF OF 10
  • Cooling: Window air conditioner, Wall unit
  • Heating: Forced air, Natural gas
  • Stories: 1
  • Tax Year: 2023
  • Basement: Finished, Full, Separate entrance, Suite
  • Flooring: Tile, Hardwood, Laminate
  • Tax Block: 7
  • Year Built: 1962
  • Living Area: 911.76
  • Photos Count: 50
  • Parcel Number: 0018419085
  • Parking Total: 8
  • Structure Type: Multi-Family
  • Common Interest: Freehold
  • Parking Features: Garage, Parking Pad, Other, Street, Heated Garage
  • Street Dir Suffix: South
  • Subdivision Name: Glendale
  • Tax Annual Amount: 4853.53
  • Exterior Features: Stucco
  • Security Features: Smoke Detectors
  • Foundation Details: Poured Concrete
  • Zoning Description: R-L
  • Architectural Style: Bungalow
  • Number Of Units Total: 2
  • Above Grade Finished Area: 911.76
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
7-Eleven Grocery or supermarket 491 Mayor Magrath Dr S 0.1 km
Firestone Restaurant & Bar Store 532 Mayor Magrath Dr S 0.1 km
Papa John's Pizza Restaurant 487 Mayor Magrath Dr S 0.1 km
Denny's Restaurant 421 Mayor Magrath Dr S 0.1 km
CHLB-FM CHLB-FM is currently owned by the Jim Pattison Gro... 0.2 km
Spitz Stadium Stadium 2601 Parkside Dr S 0.4 km
Spitz Stadium It is used primarily for baseball... 0.4 km
Ric's Grill Restaurant 103 Mayor Magrath Dr S 0.5 km
Lethbridge Collegiate Institute 51 that serves grades nine through twelve... 0.6 km
Lethbridge Collegiate Institute School Lethbridge 0.6 km
Coal Banks Trail It connects all of the city's major urban parks, a... 0.7 km
Nikka Yuko Japanese Garden Park Mayor Magrath Dr S 0.7 km
505 509 23 St S mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 505 509 23 St S. The current price of the property is $612,000, 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 $489,600. This would result in a monthly mortgage payment of $2,862 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 20
Certificate of Qualification 15
College 70
University degree at bachelor level or above 35

Neighbourhood Marital Status Stat

Married 180
Widowed 25
Divorced 40
Separated 10
Never married 135
Living common law 65
Married or living common law 245
Not married and not living common law 210

Neighbourhood Construction Date

1961 to 1980 60
1981 to 1990 10
1960 or before 170
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