Copperwood, Lethbridge · MLS® A2323042
342
2,525 sq ft · 2,771 sq ft lot · Townhouse · Single Family · built 2022 · 122 days on market
listed by Rod Klassen, Lethbridge Real Estate.com
Live upstairs and operate your business from the main floor at 1064 Coalbrook Gate W. Located in West Lethbridge’s Copperwood community, this unique property combines comfortable residential living with a professionally upgraded commercial space.The main floor features a separate exterior entrance, dedicated HVAC and plumbing systems, and full permitting through the City of Lethbridge for commercial use. The commercial area operates independently from the residence, providing a practical separation between work and home. Currently used as a hair salon, the flexible space may suit a variety of professional or service-based businesses.The two upper levels offer three bedrooms, four bathrooms, quartz countertops, built-in appliances, and a modern, move-in-ready layout. With no condo fees and a low-maintenance irrigated front yard, the property is designed for easy ownership.Conveniently located near the Cor Van Raay YMCA and the University of Lethbridge, this versatile property offers an excellent opportunity to live, work, and invest in one location with a built in client base at your doorstep.All the heavy lifting has been done! Bring your business idea and explore the possibilities. Most furnishings may also be available for purchase.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $2,988 · tax $610 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Lethbridge: CMHC's average there ($1,683) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (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
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about $7,203 a year
The asking price times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $7,323 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 28/100 · Mostly by car
Within a 10 minute walk: 6 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.