53, 55 Lemoyne Crescent W

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$219,900

53, 55 Lemoyne Crescent W

Varsity Village, Lethbridge · MLS® A2346278

221

969 sq ft · 175,829 sq ft lot · Townhouse · Single Family · built 1977 · 31 days on market

listed by Andrew Atley, REAL BROKER

realtor's description

Welcome to #53, 55 Lemoyne Crescent West — a convenient and affordable option just a short walk from the University of Lethbridge. Whether you're a student, first-time buyer, couple, or small family, this home offers a functional layout with plenty of usable living space. Upstairs you'll find two spacious bedrooms, including a generous primary bedroom with dual closets and a built-in desk or study area. The developed basement adds even more flexibility with a second bathroom, an enlarged renovated window that brings in additional natural light, and a versatile bonus room currently being used as a third bedroom. Recent updates include a furnace & AC in 2022. With immediate possession available, this home is ready for its next owner to move in and make it their own.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 2
living area: 969 sq ft
lot: 175,829 sq ft
parking: 1
year built: 1977
property tax: $2,310 / yr
strata fee: $305 / mo ($0.31 / sq ft)
strata rules: Pets Allowed With Restrictions
days on market: 31
MLS®: A2346278

features

Parking
Pets Allowed With Restrictions
Refrigerator
Dishwasher
Stove
Microwave

monthly cost

$1,456/mo

Mortgage $958 · Tax $193 · Strata $305

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$958/ monthly

loan $175,920

25-year amortization

down payment20% · $43,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $111,505
land title fees: $500; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $44,480; down + land title fees
total paid: $287,425

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,690/mo
after all costs: −$76/mo
cap rate: 4.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $958 · tax $193 · strata $305 · insurance ~$175 · 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