Varsity Village, Lethbridge · MLS® A2332028
311
994 sq ft · Condo · Single Family · built 1983 · 87 days on market
listed by Ryan Godlonton, Lethbridge Real Estate.com
IN-SUITE LAUNDRY, EAST facing (capturing the morning sunlight) located on the "popular" 2nd floor, renovated thru out , close to parks, schools (incld. U of L), commercial & professional amenities. Look at the photos, explore the virtual tour then lets get serious. Knowledgeable investors choose Westridge Manor, why? Financials: Capital Reserve fund is actually "overfunded" (meaning we have CASH in the bank!), an "engaged Board of Directors, the president is available to answer your questions. Added features; large deck with storage closet (YES, BBQ's are allowed), 1 assigned parking stall, secure bike storage and the icing on the cake a long term, "live-in" Resident Manager. Safe, financially strong, professionally managed, affordable living. Condo fees include; insurance, utilities (except power), snow removal, trash, recycling, reserve fund contributions. Room rental rates = $600+ per. Extra parking stalls $120 p/y (STA).
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $958 · tax $156 · strata $413 · insurance ~$35 · 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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$178,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $178,000 |
| 2025 | $158,000 |
| 2024 | $144,000 |
From City of Lethbridge open data (parcels and assessments), matched to 212-401 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.
about $1,869 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $1,869 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 46/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 6 parks and playgrounds, 2 schools, 6 transit stops.
mihom score from OpenStreetMap places, by straight line distance.