London Road, Lethbridge · MLS® A2290376
332
1,739 sq ft · Townhouse · Single Family · built 2026 · 235 days on market
listed by SHAUNA GRUNINGER, RE/MAX REAL ESTATE - LETHBRIDGE
Welcome to easy, low-maintenance living in one of Lethbridge's most desirable central locations! These brand-new condominium units offer exceptional square footage, modern finishes, quality construction, and the convenience of a lock-and-leave lifestyle—all within walking distance of downtown, shopping, restaurants, schools, transit, and the scenic coulee walking paths.Designed with flexibility in mind, this unit features 3 bedrooms and 2.5 bathrooms, including two spacious upper-level bedrooms and a versatile main-floor bedroom that is perfect for a home office, guest room, or additional living space.The bright, open-concept main floor offers comfortable living and dining areas, creating the perfect space for entertaining or simply relaxing at home. Step outside onto your front porch and enjoy your morning coffee while taking in the character and charm of this established neighbourhood.Quality construction and energy efficiency were top priorities in the design of these homes! Featuring durable Hardie Board siding, triple-pane windows, energy-efficient construction, and thoughtful upgrades that go above and beyond standard building code requirements, these units are built with long-term comfort and efficiency in mind. Each home also includes a Heat Recovery Ventilator (HRV) system for improved ventilation and indoor air quality, along with rough-ins for future air conditioning installation.With attractive, low-maintenance exteriors, modern finishes, and attention to detail throughout, these homes offer the perfect combination of style, function, efficiency, and peace of mind.Whether you're a first-time buyer, looking to downsize, or searching for a fantastic investment opportunity, these brand-new condominiums deliver exceptional value in an established central location. Modern living, quality construction, and everyday convenience—all in one incredible opportunity!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $1,829 · tax $333 · 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
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about $4,410 a year
The asking price times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $4,000 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 55/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 1 place to eat or drink, 4 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.