56, 55 Lemoyne Crescent W
Lethbridge T1K4J7
MLS® Number: A2309754
$ 209,900
2
BEDROOMS
1 + 0
BATHROOMS
959
SQUARE FEET
1977
YEAR BUILT
Revenue Property Opportunity – Long-Term Tenant in Place! Well-located 2-storey condo townhome offering a practical and desirable layout for tenants, with kitchen, dining, and living room on the main floor, plus 2 bedrooms and a full 4-piece bathroom upstairs. The oversized primary bedroom spans the full width of the unit and features double closets, offering excellent storage and tenant appeal. The unfinished basement includes in-suite laundry with washer and dryer, additional storage space, and future value-add potential. This property has a history of very long-term tenancy, making it an attractive option for investors seeking stable occupancy and reliable rental demand. The unit is currently in lived-in condition and would benefit from cosmetic updates such as paint and flooring over time. Priced accordingly, this creates an excellent opportunity for an investor to improve value gradually while maintaining income potential. Located in a professionally managed condo corporation with consistent upgrades, including all decks replaced last year. Close to shopping, transit, parks, and the university—an ideal rental location with strong tenant demand.
| COMMUNITY | Varsity Village |
| PROPERTY TYPE | Row/Townhouse |
| BUILDING TYPE | Five Plus |
| STYLE | 2 Storey |
| YEAR BUILT | 1977 |
| SQUARE FOOTAGE | 959 |
| BEDROOMS | 2 |
| BATHROOMS | 1.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dryer, Electric Stove, Refrigerator, Washer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Linoleum |
| HEATING | Forced Air |
| LAUNDRY | In Basement |
| LOT FEATURES | Many Trees |
| PARKING | Stall |
| RESTRICTIONS | Pet Restrictions or Board approval Required |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | HomeTime Property Services Ltd. o/a HomeTime |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Kitchen | 8`0" x 10`3" | Main |
| Dining Room | 8`0" x 5`4" | Main |
| Living Room | 15`3" x 10`10" | Main |
| 4pc Bathroom | 7`2" x 6`9" | Second |
| Bedroom - Primary | 15`3" x 10`10" | Second |
| Bedroom | 12`0" x 10`9" | Second |