Varsity Village, Lethbridge · MLS® A2350594
211
948 sq ft · Condo · Single Family · built 1982 · 3 days on market
listed by Courtney Atkinson, eXp Realty of Canada
Welcome to Prominence Place on Lethbridge’s west side! This top-floor, 2 bedroom condo offers a generous layout with plenty of room to live, work and relax. The south-facing windows let in lots of natural light, and there’s space for a proper dining area along with a spacious primary bedroom. It’s a great fit for first-time buyers, students, investors or anyone looking to downsize. The building offers an indoor pool, bike storage and on-site laundry. You’re just minutes from the University of Lethbridge, parks, walking paths, shopping and restaurants. Come see the potential this one has to offer! Contact your favorite REALTOR® for a viewing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $740 · tax $153 · strata $562 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Lethbridge: CMHC's average there ($1,593) raised by what new tenants pay against everyone in the Lethbridge area. (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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about $1,784 a year
The asking price times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $1,837 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.
Walkability 48/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 4 parks and playgrounds, 1 school, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.