Condo
$230,000
517, 5 Berkeley Place W
Varsity Village, Lethbridge40 days on market
listed by Century 21 Foothills South Real Estate
MLS® A2344960
105B, 295 Columbia Boulevard W
$185,000
105B, 295 Columbia Boulevard W
Varsity Village, Lethbridge · MLS® A2351338
211
782 sq ft · Condo · Single Family · built 1976 · 14 days on market
listed by Jennifer Brodoway, Lethbridge Real Estate.com
realtor's description
Looking to walk to the U of L? Check out this condo at Columbia Manor. It's right across the street from Nicholas Sheran Park, and within walking distance to shopping, restaurants, amenities and the University. This 2 bedroom unit has been updated, and new carpet was recently installed in the bedrooms. Condo fees include: heat, electricity, water, sewer, garbage, reserve fund contribution, professionally managed condo association, exterior maintenance, exterior insurance, landscaping, and snow removal. There is laundry available in the building, and one parking spot is included, but there is also plenty of street parking available. Vacant and ready for a quick possession. Call a REALTOR® today to view.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 782 sq ft
- parking
- 1
- year built
- 1976
- property tax
- $1,533 / yr
- strata fee
- $434 / mo ($0.55 / sq ft)
- strata rules
- Pets not Allowed
- days on market
- 14
- MLS®
- A2351338
features
- Pets not Allowed
- See remarks
monthly cost
$1,368/mo
Mortgage $806 · Tax $128 · Strata $434
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,690/mo
- after all costs
- $152/mo
- cap rate
- 6.2%
- yearly net rent ÷ price
Costs: mortgage $806 · tax $128 · strata $434 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Lethbridge: CMHC's average there ($1,593) raised by what new tenants pay against everyone in the Lethbridge area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
