Varsity Village, Lethbridge · MLS® A2334874
422
825 sq ft · 3,752 sq ft lot · House · Single Family · built 1977 · 80 days on market
listed by Sheldon Pierson, Onyx Realty Ltd.
Welcome to a versatile home in the desirable Laval neighbourhood, offering an ideal opportunity for first-time buyers or anyone seeking a smart revenue property. This four-bedroom, two-bathroom residence features a thoughtful layout with two generously sized living rooms that create comfortable spaces for relaxing, hosting, or dividing the home for revenue purposes. Potential for a Basement Suite as it is almost finished for an illegal suite.The fully completed summer kitchen in the basement adds tremendous flexibility, making it easy to accommodate extended family, create a mortgage-helper suite, or simply enjoy additional cooking and entertaining space. Both bathrooms are full four-piece layouts, providing convenience and functionality on each level of the home.Outside, the fully fenced rear yard offers privacy and peace of mind, enhanced by mature tree cover that brings natural shade and a sense of calm. An included storage shed adds practical space for tools, equipment, or seasonal items, rounding out a property that is as functional as it is inviting.This Laval home blends comfort, potential, and location in a way that makes it an excellent choice for building equity or generating income.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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$262,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $262,000 |
| 2025 | $237,000 |
| 2024 | $220,000 |
From City of Lethbridge open data (parcels and assessments), matched to 71 LAVAL 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 $2,752 a year
The 2026 assessment times Lethbridge's 2026 residential rate of 10.50 per $1,000 (municipal and education).
The listing shows $2,752 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 27/100 · Mostly by car
Within a 10 minute walk: 11 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.