315 16 Street N, Lethbridge, Alberta

About This Property

Whether you're a first-time buyer looking to offset your mortgage, an investor searching for your next up/down suite project, or a hands-on homeowner with a vision, this property offers plenty of opportunity. With four bedrooms total, updated major components, a refreshed yard perfect for kids and pets, and room to personalize over time, there's plenty of space to live comfortably today while building equity for tomorrow. The main floor features 2 bedrooms, a full 4-piece bathroom, a convenient galley kitchen, and a bright living/dining room combination, all complemented by classic hardwood flooring. Downstairs you'll find an additional 2 bedrooms and a 3-piece bathroom, plus a separate entry and 220A service already wired to the basement. A substantial unfinished area provides exciting development potential; create a rec room, workshop, or take advantage of the layout to add a living room and kitchen space for a future suite configuration (buyer to verify all requirements and approvals). Several key updates have already been completed, including the roof and hot water tank, while the yard has undergone a major transformation. A large, aging tree was removed and replaced with fresh sod, eliminating invasive quack grass and creating a clean outdoor space ready to enjoy. Outside, the single detached garage currently offers parking and storage with a manual overhead door. For the garage enthusiast or hobbyist, this could be the ideal site to design and build the dream garage-shop you've always wanted (buyer to complete their own due diligence with the City of Lethbridge regarding development options). Packed with potential and offering multiple paths to add value, this is an affordable opportunity for buyers who can see beyond the ordinary and envision what's possible.