40 Mohawk Road W, Lethbridge, Alberta

$399,900

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5

Beds

2

Baths

1,040

Square feet

0.14

Acres

About 40 Mohawk Road W

*********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: $320,000 (based on 20% down payment) • Estimated Mortgage Payment: ~$1,700/month (4% interest) • Estimated Property Tax: ~$280/month • Estimated Utilities: ~$500/month • Estimated Total Expenses: ~$2,480/month • Current Average Rent: ~$3,250/month This property has demonstrated strong rental demand and the potential for positive monthly cash flow, making it a promising option for investors seeking steady income and long-term value growth. 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!

Features of 40 Mohawk Road W

MLS® # A2240999
Price $399,900
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,040
Acres 0.14
Year Built 1982
Type Residential
Sub-Type Detached
Style Bi-Level
Status Active

Community Information

Address 40 Mohawk Road W
Subdivision Indian Battle Heights
City Lethbridge
County Lethbridge
Province Alberta
Postal Code T1K 5J6

Amenities

Parking Spaces 5
Parking Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s), No Animal Home, No Smoking Home
Appliances Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Heating Forced Air
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas
Has Basement Yes
Basement Exterior Entry, Finished, Full, Walk-Up To Grade

Exterior

Exterior Features Private Yard
Lot Description Rectangular Lot
Roof Asphalt Shingle
Construction Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed July 18th, 2025
Days on Market 3
Zoning R-L
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxwell Devonshire Realty

Listing Map