Multi-Family Properties for Sale in Lethbridge

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Multi-Family for sale: 1257 9 Avenue N, Lethbridge

3 photos

$929,000

1257 9 Avenue N, Lethbridge (Winston Churchill), Alberta T1H 1J9

0 beds
0 baths
243 days

Discover your dream investment with this stunning pre-sale opportunity of a brand-new full duplex bungalow, located on the north side of Lethbridge. Scheduled for completion in 2025, this property offers two separate units, each designed for modern living. The first unit spans 1303 square

Multi-Family for sale: 1-44, 3950 23 Avenue S, Lethbridge

21 photos

$4,500,000

1-44, 3950 23 Avenue S, Lethbridge (Redwood), Alberta T1K 5H9

0 beds
0 baths
216 days

Once in a lifetime opportunity for the prudent investor. Well cared for 1 owner building with many long term tenants. Amazing S/S location. 44 - 2 B/R's 1 -1 B/R currently 100% occupied. On site coin laundry. Elevator, common recreation room. This building is completely condominiumized

House for sale: 441 Devonia Way W, Lethbridge

27 photos

$595,000

441 Devonia Way W, Lethbridge (The Crossings), Alberta T1J 5J7

8 beds
5 baths
30 days

Welcome to this modern home with an exceptional basement legal suite, built in 2021! This 8 BEDROOM property offers incredible value with over $300,000 of mortgage debt paid by the rental income from the fully self-contained 3-bedroom, 2-bathroom suite. With a separate entry and additional

House for sale: 52 Blackfoot Court W, Lethbridge

34 photos

$399,900

52 Blackfoot Court W, Lethbridge (Indian Battle Heights), Alberta T1K 7P5

3 beds
2 baths
5 days

Immaculate and well-maintained, this 3-bedroom bi-level in Blackfoot Court offers exceptional versatility for new homeowners. Whether you're looking for a comfortable family home or a multi-generational living arrangement, this property is a perfect fit, thanks to its convenient basement entry

Apartment for sale: 260, 2020 32 Street S, Lethbridge

33 photos

$345,000

260, 2020 32 Street S, Lethbridge (Redwood), Alberta T1K 7T9

1 beds
2 baths
10 days

This well maintained 1 bedroom plus den, 2 bathroom condo offers a comfortable and functional layout with hardwood floors. The den provides flexibility for a home office or guest space, while the primary bedroom includes a walk in closet and ensuite bath. The unit comes with secure underground

Apartment for sale: 304, 855 Columbia Boulevard W, Lethbridge

47 photos

$145,000

304, 855 Columbia Boulevard W, Lethbridge (Varsity Village), Alberta T1K 4B7

1 beds
1 baths
Today

Welcome to your beautifully updated apartment! This lovely one-bedroom unit sits on the top floor of a well-kept building in West Lethbridge. Full of sunlight and warmth, its large balcony overlooks a tranquil rear greenspace with towering cottonwood trees. Featuring durable plank flooring

1423 13 Avenue S, Lethbridge

47 photos

$550,000

1423 13 Avenue S, Lethbridge (Agnes Davidson), Alberta T1K 0R6

1 beds
1 baths
113 days

This full duplex, with 2 illegal suites, Proforma shows a IRR = 9.16% / Cap Rate = 6.26% located in the sought-after Agnes Davidson area, is a standout choice for investors seeking high returns and consistent "occupancy record".. The property includes four spacious suites, each offering 2

House for sale: 101 Mohawk Road W, Lethbridge

38 photos

$359,000

101 Mohawk Road W, Lethbridge (Indian Battle Heights), Alberta T1K 5J5

4 beds
2 baths
29 days

Welcome to 101 Mohawk Rd W, a 935 sq. ft. bi-level home featuring 4 bedrooms and 2 full 4-piece bathrooms in a safe, quiet and family-friendly neighborhood. The main floor offers a spacious kitchen, while the open living and dining area is perfect for gatherings and leads to an enclosed deck/sunroom,

House for sale: 2 Miners Road W, Lethbridge

22 photos

$689,900

2 Miners Road W, Lethbridge (Copperwood), Alberta T1J 5S6

5 beds
4 baths
21 days

This is a LEGALLY suited home in the highly sought-after Copperwood neighbourhood, currently rented out, and supplementing the mortgage! The upper-level boasts 4 bedrooms, 3 bathrooms, and a nice double attached garage. The primary suite is on the top floor with a view of the mountains, featuring

Duplex for sale: 1210 40 Avenue N, Lethbridge

42 photos

$389,900

1210 40 Avenue N, Lethbridge (Legacy Ridge / Hardieville), Alberta T1H 6A2

4 beds
3 baths
16 days

Welcome to this spacious and inviting 2-storey semi-detached home, perfect for young and growing families or multi-generational living. Featuring 4 bedrooms and 2.5 bathrooms, this home offers ample space for every family member to thrive. The attached garage provides convenience and extra

1626 & 1628 3 Avenue N, Lethbridge

50 photos

$525,000

1626 & 1628 3 Avenue N, Lethbridge (Westminster), Alberta T1H 0J8

4 beds
4 baths
118 days

Full duplex located on a quiet street with two spacious units, parking in the front, and an additional portion of the lot on the south side of the property which could be used for a future development of a garage or smaller residential unit subject to city approval! Each unit includes two

House for sale: 1374 Pacific Circle W, Lethbridge

30 photos

$559,900

1374 Pacific Circle W, Lethbridge (Garry Station), Alberta T1J 5V3

4 beds
4 baths
6 days

Welcome to this stunning 2 storey home located in Garry Station, where soaring ceilings and an abundance of natural light create an inviting and airy atmosphere from the moment you step inside. Designed for both comfort and style, this home boasts an open and spacious layout with a feature

W4R27T12S34QNE 8th Street, Claresholm

13 photos

$1,600,000

W4r27t12s34qne 8th Street, Claresholm, Alberta T0L 0T0

0 beds
0 baths
79 days

80 ACRES - CURRENT ZONING R-1 and PHASE 1 SUBDIVISION APPROVALS IN PLACE. Lots possible number of 332 (UPA) R-4 Multi Family units = 100 R-1 + possible other options include a Seniors Facility. All services are to the Property Line including water, sewer and storm. Located an hour and a

House for sale: 2505 Aspen Drive, Coaldale

50 photos

$759,000

2505 Aspen Drive, Coaldale, Alberta T1M 0C7

5 beds
3 baths
112 days

A tremendous, multi-generational and upgraded home in the cozy community of Cottonwood! This family friendly area features green spaces, playgrounds, a lake, basketball court and even a golf course just 1 block away! A quick 10 minute drive from Lethbridge makes this home not only practical

45056 Range Road 275, Hill Spring

50 photos

$1,799,000

45056 Range Road 275, Hill Spring, Alberta T0K 1E0

0 beds
0 baths
379 days

First time offered a rare opportunity to own one of Canada’s greatest southern Alberta attractions, The GREAT CANADIAN BARN DANCE. RV PARK and RESORT. Located in Cardston County near the village of Hillspring, midway from Lethbridge to the Crowsnest Pass/Waterton Park area in the foothills

Exploring Multi-Family Living in Lethbridge

Lethbridge, a vibrant city in Alberta, Canada, is increasingly becoming a hub for multi-family living. This trend is driven by a combination of economic factors, lifestyle preferences, and the city's commitment to sustainable urban development. As more people seek affordable and community-oriented housing options, multi-family properties in Lethbridge are gaining popularity.

The Appeal of Multi-Family Properties

Multi-family properties offer a unique blend of affordability, community, and convenience. These properties typically include duplexes, triplexes, and apartment complexes, providing multiple housing units within a single building or complex. This setup not only reduces the cost per unit but also fosters a sense of community among residents.

In Lethbridge, the demand for multi-family housing is on the rise, mirroring trends seen in other Canadian cities such as Kelowna and St. Catharines. These cities have successfully integrated multi-family living into their urban landscapes, offering valuable insights for Lethbridge's development.

Economic Benefits

One of the primary drivers of multi-family living in Lethbridge is its economic benefits. For both developers and residents, multi-family properties present a cost-effective solution. Developers can maximize land use by constructing multiple units on a single plot, while residents benefit from lower rental or purchase costs compared to single-family homes.

Moreover, multi-family properties contribute to the local economy by attracting a diverse population. This diversity can lead to increased demand for local services and businesses, further boosting economic growth. Cities like Kingston and Montreal have experienced similar economic benefits, making them models for Lethbridge to emulate.

Environmental Sustainability

Multi-family living is also aligned with environmental sustainability goals. By concentrating housing units, these properties reduce urban sprawl and preserve green spaces. This approach not only minimizes the environmental impact of new developments but also promotes a more sustainable urban lifestyle.

In Lethbridge, the integration of green building practices in multi-family developments is becoming more common. These practices include energy-efficient designs, sustainable materials, and waste reduction strategies. Such initiatives are crucial for cities like Prince George and Terrace Bay, where environmental sustainability is a key priority.

Community and Lifestyle

Beyond economic and environmental factors, multi-family living offers a unique lifestyle that appeals to many. The communal nature of these properties fosters social interaction and a sense of belonging among residents. Shared amenities such as gyms, pools, and community rooms enhance the living experience, making multi-family properties attractive to a wide range of demographics.

In Lethbridge, the emphasis on community-oriented living is evident in the design of new multi-family developments. These properties often include communal spaces and activities that encourage interaction among residents. This trend is also seen in places like Alert Bay and Innisfail, where community engagement is a cornerstone of multi-family living.

Challenges and Opportunities

While the benefits of multi-family living are clear, there are also challenges to consider. One of the main challenges is ensuring that these developments meet the needs of diverse populations. This includes providing accessible and inclusive housing options for people of all ages and abilities.

Additionally, the integration of multi-family properties into existing neighborhoods can sometimes lead to resistance from residents who prefer traditional single-family homes. Addressing these concerns requires thoughtful planning and community engagement, as seen in cities like Verdun and Pine Dock.

Despite these challenges, the opportunities for multi-family living in Lethbridge are vast. By embracing innovative design and sustainable practices, the city can create vibrant, inclusive communities that cater to the needs of its growing population.

The Future of Multi-Family Living in Lethbridge

As Lethbridge continues to grow, the role of multi-family properties in shaping the city's future cannot be overstated. These developments offer a pathway to affordable, sustainable, and community-oriented living, aligning with the city's vision for a vibrant and inclusive urban environment.

By learning from the successes and challenges of other cities, Lethbridge can develop a multi-family housing strategy that meets the needs of its residents while promoting economic growth and environmental sustainability. The future of multi-family living in Lethbridge is bright, with the potential to transform the city's housing landscape for generations to come.