For Sale

$374,000

537 23 Street South, Lethbridge, AB T1J 3M9

2+1 Beds 1+0 Baths

Remarks

High revenue potential in a prime central location—this southside property offers the opportunity to generate $2,500+ per month, including $850 from leasing a portion of the backyard. Welcome to 537 23 Street S, a well-located 3-bedroom home in Lethbridge, close to schools, parks, and everyday amenities. The main floor features a bright living room, two bedrooms, a 3-piece bathroom, and a functional kitchen and dining area with access to the back deck—perfect for everyday living. The basement adds flexibility with an additional bedroom, family room, workout space, and laundry area, offering room to expand or further develop. A standout feature is the large backyard, with a portion currently leased to Family Pet Hospital for use as a dog run—creating a unique, reliable income stream and enhancing the property’s long-term investment appeal. With a roof just one year old and strong income potential, this is an excellent opportunity for investors or buyers looking to offset their mortgage. Be sure to check out the video walkthrough in the links tab or on YouTube by searching the property address.

Inclusions:

Fridge, Stove, Hood Fan, Dishwasher, Washer, Dryer, Some Window Coverings

Property Summary

  • Lot Size: 6116 Square Feet
  • No. of Parking Spaces: 2
  • Floor Space (approx): 1021.00 Square Feet
  • Built in: 1950
  • Bedrooms: 2+1
  • Bathrooms (Total): 1+0
  • Zoning: R-L

Property Features:

  • Architectural Style:
    Bungalow
  • Construction Materials:
    Concrete , Vinyl Siding , Wood Frame
  • Cooling:
    None
  • Exterior Features:
    Dog Run , Other , Private Yard
  • Fireplace Features:
    Basement , Decorative , Living Room , None
  • Flooring:
    Hardwood , Laminate
  • Foundation Details:
    Poured Concrete
  • Heating:
    Forced Air , Natural Gas
  • Interior Features:
    Laminate Counters
  • Levels:
    One
  • Parking Features:
    None , On Street
  • Roof:
    Asphalt Shingle
Lifestyle
Neighbourhood Info
Agent

Bryan Pereverseff

Real Estate Agent

Phone: 403.394.5622

Cell: 403.394.5622

Home Phone: 403.394.5622

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