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: $330,000 (After 20% Down Payment) ----Mortgage: ~$1,750/month (4% Interest) ----Property Tax: ~$280/month ----Utilities: ~$500/month ----Total Expenses: ~$2,530/month ---- Average of Rent: ~$3,250/month ----A POSITIVE CASH FLOW: $3250 - $2530 = ~$720/month 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® # | A2224859 |
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Price | $415,000 |
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 |
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Subdivision | Indian Battle Heights |
City | Lethbridge |
County | Lethbridge |
Province | Alberta |
Postal Code | T1K 5J6 |
Amenities
Parking Spaces | 4 |
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Parking | Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Ceiling Fan(s) |
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Appliances | Bar Fridge, Dishwasher, Refrigerator, Stove(s), Washer/Dryer |
Heating | Forced Air |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Finished, Full |
Exterior
Exterior Features | Private Yard |
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Lot Description | Rectangular Lot |
Roof | Asphalt Shingle |
Construction | Wood Frame |
Foundation | Poured Concrete |
Additional Information
Date Listed | May 28th, 2025 |
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Days on Market | 3 |
Zoning | R-L |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Maxwell Devonshire Realty |
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