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107, 405 Columbia Boulevard W
homes for sale · Lethbridge · Varsity Village
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$219,900

107, 405 Columbia Boulevard W

Varsity Village, Lethbridge · MLS® A2325828

211

813 sq ft · Condo · Single Family · built 1983 · 95 days on market

listed by Ryan Godlonton, Lethbridge Real Estate.com

realtor's description

Welcome to Westridge Manor in Varsity Village! This updated 2-bedroom condo is a great opportunity for a first-time buyer looking for an affordable, move-in-ready home on the West Side.A major highlight is the brand-new kitchen, featuring new white cabinetry, quartz countertops, backsplash, and all-new stainless steel appliances. The bright living and dining area offers plenty of room to make the space your own, while two good-sized bedrooms and an updated 4-piece bathroom complete the layout.You’ll also appreciate the convenience of in-suite laundry and a private 4' x 4' enclosed storage room on the deck, providing valuable extra space for seasonal items, and more.Located in Varsity Village with easy access to parks, shopping, restaurants, public transit, the University of Lethbridge, and other West Lethbridge amenities.If you’ve been waiting to make the move from renting to owning, this clean, updated and move-in-ready condo is worth a look.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
813 sq ft
parking
1
year built
1983
property tax
$1,680 / yr
strata fee
$346 / mo ($0.43 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
95
MLS®
A2325828

buying in a building from 1982 to 2000: what to read first

features

  • See remarks
  • Other
  • Pets Allowed With Restrictions
  • Refrigerator
  • Range - Electric
  • Dishwasher

monthly cost

$1,444/mo
Mortgage $958 · Tax $140 · Strata $346

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$958/ monthly
loan $175,920
25-year amortization
total interest
$111,505
land title fees
$500
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$44,480
down + land title fees
total paid
$287,425

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,690/mo
after all costs
$76/mo
cap rate
5.6%
yearly net rent ÷ price

Costs: mortgage $958 · tax $140 · strata $346 · 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

location

Varsity Village, LethbridgeGoogle Maps ↗

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listed by
Ryan Godlonton
Lethbridge Real Estate.com
call Ryan · 403-331-9621
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similar homes nearby

city assessment

$160,000

2026 assessment · market value as of July 1, 2025

  • Up 34.5% from $119,000 in 2025
  • Asking price is 37% above the assessment
  • Lot 13,981 m² (150,490 sq ft)
roll yearassessed
2026$160,000
2025$119,000
2024$107,000

From City of Lethbridge open data (parcels and assessments), matched to 107-405 COLUMBIA BLVD W. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,680 a year

The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).

The listing shows $1,680 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.

location

Varsity Village, LethbridgeGoogle Maps ↗
Drive times
  • Mike Mountain Horse Elementary2 min
  • Chinook High5 min
  • University of Lethbridge5 min
  • Downtown Lethbridge6 min
  • Park Place Mall8 min
  • Chinook Regional Hospital9 min
46

Walkability 46/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 1 place to eat or drink, 5 parks and playgrounds, 2 schools, 6 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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