Redwood, Lethbridge · MLS® A2352733
111
731 sq ft · Condo · Single Family · built 1980 · 8 days on market
listed by Hayley Tanner, eXp Realty of Canada
Nestled within Redwood, a beautiful community in the south of Lethbridge, this cozy apartment offers a tranquil haven within its walls. Situated as an end unit within a low rise structure, this 1 bed, 1 bath condo provides a quiet retreat, complemented by secure entry and assigned parking for effortless convenience. Inside, a generous living area spanning 730 square feet welcomes you. It’s a space designed for comfortable living, enhanced by vinyl windows that let natural light flow freely. A thoughtfully appointed kitchen is equipped with modern appliances, including a dishwasher. Retreat to the spacious bedroom, complete with ample closet space. Laundry facilities, conveniently located within the common area, are right next door. Residents enjoy access to shared amenities including coin laundry, trash removal, and assigned storage. Pets are welcome with board approval, allowing your furry companions to share your home. With sidewalks, street lights, walking/bike paths nearby, Redwood offers an accessible lifestyle with close proximity to shopping destinations, schools, hospital, and all major roadways ensuring both convenience and serenity.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $762 · tax $129 · strata $412 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Lethbridge: CMHC's average there ($1,370) lowered 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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$147,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $147,000 |
| 2025 | $134,000 |
| 2024 | $119,000 |
From City of Lethbridge open data (parcels and assessments), matched to 18-3440 23 AVE S. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,544 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $1,543 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.
Walkability 76/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 13 places to eat or drink, 1 cafe, 9 parks and playgrounds, 1 pharmacy, 3 transit stops.
mihom score from OpenStreetMap places, by straight line distance.