40 Mohawk Road W
Lethbridge T1K 5J6
MLS® Number: A2224859
$ 415,000
5
BEDROOMS
2 + 0
BATHROOMS
1,040
SQUARE FEET
1982
YEAR BUILT
*********Walking Distance to the University of Lethbridge – High Cash Flow Investment!********* This 5-bedroom home in West Lethbridge is perfectly located for student rentals, just minutes from the university on a quiet street. It features a brand new roof, walkout basement, private backyard, ample off-street parking, and spacious living areas—making it ideal for tenants. Currently generating an average of $3,250/month in rental income, this property offers strong cash flow and excellent return on investment. A rare opportunity to own a high-demand rental in a prime location! Investment Snapshot: ----Purchase Price: $330,000 (After 20% Down Payment) ----Mortgage: ~$1,750/month (4% Interest) ----Property Tax: ~$280/month ----Utilities: ~$500/month ----Total Expenses: ~$2,530/month ---- Average of Rent: ~$3,250/month ----A POSITIVE CASH FLOW: $3250 - $2530 = ~$720/month Whether you're expanding your portfolio or starting out, this is a high-return opportunity in one of the most sought-after rental areas in Lethbridge. Contact your favourite agent today to book a viewing!
| COMMUNITY | Indian Battle Heights |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bi-Level |
| YEAR BUILT | 1982 |
| SQUARE FOOTAGE | 1,040 |
| BEDROOMS | 5 |
| BATHROOMS | 2.00 |
| BASEMENT | Finished, Full |
| AMENITIES | |
| APPLIANCES | Bar Fridge, Dishwasher, Refrigerator, Stove(s), Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Laminate |
| HEATING | Forced Air |
| LAUNDRY | In Basement |
| LOT FEATURES | Rectangular Lot |
| PARKING | Parking Pad |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | Maxwell Devonshire Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Bedroom | 11`2" x 9`2" | Lower |
| Bedroom | 20`5" x 14`8" | Lower |
| 4pc Bathroom | Lower | |
| 5pc Bathroom | Main | |
| Bedroom | 12`0" x 17`8" | Main |
| Bedroom | 12`0" x 11`0" | Main |
| Nook | 9`0" x 12`0" | Main |
| Kitchen | 9`0" x 11`0" | Main |
| Bedroom | 14`0" x 10`0" | Main |
