House
$489,000
2209 14 Street
Coaldale61 days on market
listed by CIR REALTY
MLS® A2334214
2705 16 Avenue
$425,000
2705 16 Avenue
Coaldale · MLS® A2329654
331
1,342 sq ft · 2,124 sq ft lot · Townhouse · Single Family · built 2025 · 101 days on market
listed by Julia Zanoni, Century 21 Foothills South Real Estate
realtor's description
Built by your trusted local builder GRIZZLY RIDGE DEVELOPMENTS, this brand new townhouse in Coaldale’s vibrant new community of Malloy Landing offers exceptional craftsmanship and modern design. Featuring 3 bedrooms and 2.5 bathrooms, this thoughtfully designed home includes a chef’s kitchen with pantry, boot room off the back door, and rear parking pad. Choose upgrades like kitchen cabinets to the ceiling or heated floors in the master bathroom, and enjoy details such as a tiled master shower and upstairs laundry. You will love the natural light in your south facing window!Grizzly Ridge Developments once again showcases their commitment to quality and comfort in this upcoming build. Situated in Malloy Landing, a community neighboring the Birds of Prey Centre and woven with ponds, walking paths, parks, schools, and the new recreation center, this is the perfect place to call home.
property details
- type
- Townhouse, Single Family
- bedrooms
- 3
- bathrooms
- 3
- living area
- 1,342 sq ft
- lot
- 2,124 sq ft
- parking
- 1
- year built
- 2025
- property tax
- $846 / yr
- days on market
- 101
- MLS®
- A2329654
features
- No Animal Home
- Refrigerator
- Dishwasher
- Stove
- Hood Fan
monthly cost
$1,922/mo
Mortgage $1,852 · Tax $70
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
if you rented it out
- rent
- $1,740/mo
- after all costs
- −$496/mo
- cap rate
- 3.8%
- yearly net rent ÷ price
Costs: mortgage $1,852 · tax $70 · 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
location
CoaldaleGoogle Maps ↗
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