Lethbridge Real Estate.com

MILES GODLONTON

RYAN GODLONTON

Welcome to this charming small home in an ideal location, complete with a fully income-producing basement suite. Whether you’re looking to lower your mortgage, jumpstart your investment portfolio, or create flexible living space for family, this property checks every box.
The main floor offers comfortable living area, while the basement suite provides reliable rental income from day one. The home does need some TLC—perfect for anyone wanting to add value through cosmetic updates or personal touches.
Located in one of the city’s most sought-after areas, you’ll enjoy excellent access to amenities, transit, schools, parks, and employment hubs—all key drivers of strong rental demand.
it also has another invest added feature; its in a prime location for redevelopment, its "sloping" lot means you can have a "walk-out" basement with a south exposure!
Opportunities like this don’t come up often—this is your chance to own a property that pays you back.


PLAN 5728S BLOCK 7 THAT PORTION OF LOT A LYING TO THE WEST OF THE EASTERLY 8 1/2 FEET THEREOF, AND THE EASTERLY 16 3/4 FEET OF LOT 4

Royal Lepage South Country - Lethbridge

KEITH PUSHOR

Suited bungalow with 2 furnaces...on the Bike Lane!  Endearing home that has been a fantastic rental property for many years, and is now ready for your new vision.  Located in the London Road neighbourhood right on the City's fabulous bike lane, you'll have central and immediate access to virtually everywhere.  Lots of parking here with a generous parking stall out back just off the "T'd" back lane, not to mention specialized Handicapped zoned parking out front.  The storage garage measures 20 ft x 12 ft, but there is great potential to knock that down and construct a sweet new garage.  Entering the main level you'll be greeted by wood floors throughout,  a beautiful oversized picture window, and a very open living/dining room space.  The kitchen overlooks the back yard to the sunny south, and there has already been a wonderful glass shower upgrade in the main bathroom.  A common, but convenient, entrance from the back leads you to a cozy 1 bedroom suite (illegal) down and very large laundry/utility room.  Having separate furnaces for each suite provides maximum comfort for all occupants.  A long history of updates to the home include washer and dryer (2023); new hot water tank (2020);  flooring in kitchen, stairs, and lower suite (2018); virtually all windows, eavestroughs, gutter guards, and downspouts (2008); roof shingles (2004); independent furnaces (1991); total basement suite renovation from studs with R12 insulation, 100 amp electrical panel, and most plumbing replaced in 1989.  There is still some residual knob and tube wiring left in main level (quote to replace will be provided).  Take a look at this charming property today with your preferred agent of choice!  

A Rare Opportunity on Bike Blvd
Offered for the first time in nearly 40 years, located on the popular Bike Boulevard in the heart of London Road — one of the city's most walkable and bike-friendly neighborhoods.
The home is full of character and potential, with a layout that works well for first-time buyers, or investors. The basement suite offers great flexibility and appears to be relatively easy to legalize — making it a smart option for extra income or multi-generational living.
This is a property that stands out for all the right reasons. The best word to describe it? Extraordinary.


1212 7 Ave S, London Road, Lethbridge, AB, T1J1K7

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