realtor's description

Located in the popular London Road area, this home offers excellent potential at a reasonable price. Featuring three main-floor bedrooms plus a bonus finished attic with ensuite, this property provides flexible living space for a growing family or rental opportunity. Situated in the London Road neighbourhood close to amenities, schools, and transit, this home is ideal for those looking to build equity and add personal touches. Don’t miss this opportunity to own in one of the area’s most charming locations!

property details

type: House, Single Family
bedrooms: 4
bathrooms: 2
living area: 1,070 sq ft
lot: 3,182 sq ft
parking: 1
year built: 1915
property tax: $1,679 / yr
days on market: 37
MLS®: A2346161

features

See remarks
None

city assessment

$215,000

2026 assessment · market value as of July 1, 2025

Up 25.7% from $171,000 in 2025
Asking price is 16% above the assessment
Lot 296 m² (3,186 sq ft)

roll year	assessed
2026	$215,000
2025	$171,000
2024	$163,000

From City of Lethbridge open data (parcels and assessments), matched to 635 7 ST S. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $2,258 a year

The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).

The listing shows $1,679 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.

monthly cost

$1,229/mo

Mortgage $1,089 · Tax $140

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

estimated payment

$1,089/ monthly

loan $200,000

25-year amortization

down payment20% · $50,00020%+ 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: $126,768
land title fees: $550; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $50,550; down + land title fees
total paid: $326,768

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