137 14 Street N

Westminster, Lethbridge · MLS® A2343237

114

2,156 sq ft · 4,757 sq ft lot · House · Single Family · built 1909 · 45 days on market

listed by RUSSELL RASLASK, SUTTON GROUP - LETHBRIDGE

realtor's description

Originally home to the first bakery in Lethbridge, this 1909 building offers a rare opportunity to own a piece of the city's history while generating strong rental potential. The property has opperated as a four plex for over 50 years and is currently configured with 4 separate living units. Three units are 2 bedroom and one is a one bedroom. The city of Lethbridge assesses & taxes the property as a 4plex. There are newer windows & 2 hot water tanks. Situated in a convenient location with over 2100 sq ft. (potential for a double garage in the back) this property offers plenty of opportunity for an investor looking to add to their portfolio.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 2,156 sq ft
lot: 4,757 sq ft
parking: 4
year built: 1909
property tax: $7,688 / yr
days on market: 45
MLS®: A2343237

features

Back lane
Refrigerator
Stove

property tax

about $5,145 a year

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

The listing shows $7,688 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.

monthly cost

$2,775/mo

Mortgage $2,134 · Tax $641

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

estimated payment

$2,134/ monthly

loan $391,920

25-year amortization

down payment20% · $97,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $248,414
land title fees: $985; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $98,965; down + land title fees
total paid: $640,334

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