Varsity Village, Lethbridge · MLS® A2325825
311
864 sq ft · Condo · Single Family · built 1983 · 88 days on market
listed by Ryan Godlonton, Lethbridge Real Estate.com
IN-SUITE LAUNDRY ! Completely renovated and move-in ready! This beautifully updated 3-bedroom condo in West Ridge Manor, minutes from the U of L, shopping, restaurants, parks, and transit, this is the perfect opportunity for students, first-time buyers, families, or investors. The spacious living room offers plenty of room to relax or entertain, while the flexible third bedroom/den provides options for guests, a home office, or additional living space. You'll also love the convenience of in-suite laundry, generous storage, and large windows that fill the home with natural light.If you've been searching for a home where all the work has already been done, this is it. Simply move in, unpack, and enjoy maintenance-free condo living in a fantastic westside location.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,041 · tax $148 · strata $353 · 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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$169,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $169,000 |
| 2025 | $154,000 |
| 2024 | $142,000 |
From City of Lethbridge open data (parcels and assessments), matched to 311-401 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 $1,775 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $1,775 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 45/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 7 parks and playgrounds, 2 schools, 6 transit stops.
mihom score from OpenStreetMap places, by straight line distance.