Lakeview, Lethbridge · MLS® A2351107
111
588 sq ft · Condo · Single Family · built 1970 · 16 days on market
listed by Ty Gibson, REAL BROKER
Located in the established south side community of Lakeview, this top-floor condo in the well-maintained Monaco building offers an excellent opportunity for anyone looking to enjoy affordable, low-maintenance living in one of Lethbridge's most convenient locations. Whether you're purchasing your first home, downsizing, or simply looking for a comfortable place to call home, this unit is move-in ready and close to everything you need, with groceries, shopping, restaurants, and public transit just minutes away along Mayor Magrath Drive, and Henderson Lake Park only a short drive from your door. Offering 588 square feet, one bedroom, and a four-piece bathroom, the layout is both functional and inviting. Inside, laminate flooring flows throughout, and the bright living room is filled with natural light from the large window overlooking the mature trees outside. Just off the living space, the dining area offers room for a table for four, while the galley kitchen features warm wood cabinetry with glass-front uppers, granite countertops that extend up the backsplash, and stainless steel appliances. A convenient pantry closet at the end of the kitchen includes laundry hookups, giving you the flexibility to add your own washer and dryer or use the space for extra storage, with coin-operated laundry also available in the building. The four-piece bathroom features a granite vanity and a tub and shower combination with a beautiful decorative tiled surround, while the generously sized bedroom sits just across the hall. Step outside and you'll discover one of this home's standout features: a covered private balcony surrounded by mature trees, offering a peaceful spot to relax or enjoy your morning coffee. As a top-floor unit in a smaller 12-unit building, you'll appreciate the quiet setting, along with one assigned parking stall with a plug-in and a separate storage locker. If you've been searching for an affordable condo in a well-kept building with a fantastic south side locati on, this is one you won't want to miss.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $806 · tax $155 · strata $401 · 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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$177,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $177,000 |
| 2025 | $163,000 |
| 2024 | $158,000 |
From City of Lethbridge open data (parcels and assessments), matched to 304-1716 HENDERSON LAKE BLVD S. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,859 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $1,858 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 77/100 · Walkable: many errands on foot
Within a 10 minute walk: 17 places to eat or drink, 2 cafes, 8 parks and playgrounds, 1 school, 1 pharmacy, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.