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#56 55 Lemoyne Crescent West, Lethbridge, AB T1K4J7

$204,9002Beds 1Baths 959Sqft Varsity Village

Property Overview

  • Row / Townhouse Home Type
  • 4.04 Acres Lot Size
  • 2 Beds
  • 1 Full Baths
  • 0 Half Baths
  • 1 Parking Space(s)
  • 1977 Year Built
  • Property Taxes
  • 114 days Days on Market
  • A2309754 MLS® #
  • $214 Price / Sqft
  • R-100 Land Use
  • Two Storey Style
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Description

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.

Interior Details

Carpet, Linoleum
See Home Description
0
Unfinished
Full
Dryer, Electric Stove, Refrigerator, Dishwasher

Exterior Details

Wood Siding
2
Wood Frame
Asphalt Shingles
Concrete

More Information

Property

None
East

Condo Details

Unsure
$295 / month
Parking, Landscape & Snow Removal
No pets

Parking

Yes
1
Stall

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 3:09:22 PM UTC.