315 16 Street N, Lethbridge

$324,900

4 Beds
2 Baths
745 Sqft
.13 Acres
1 Garages

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.

Essential Information
MLS® #A2317396
Price$324,900
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage745
Acres0.13
Year Built1948
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address315 16 Street N
SubdivisionWestminster
CityLethbridge
CountyLethbridge
ProvinceAlberta
Postal CodeT1H 3A2
Amenities
Parking Spaces3
# of Garages1
Parking

Alley Access, Gravel Driveway, Off Street, Parkade, RV Access/Parking

Interior
Interior FeaturesSeparate Entrance, Storage
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFull
Appliances

Dishwasher, Electric Stove, Refrigerator, Washer/Dryer, Window Coverings

Exterior
RoofAsphalt Shingle
ConstructionWood Siding
FoundationPoured Concrete
Exterior Features

Garden, Private Entrance, Private Yard, Storage

Lot Description

Back Lane, Back Yard, Few Trees, Front Yard, Landscaped, Lawn, Level, Private, Rectangular Lot, Street Lighting

Additional Information
ZoningR-L(W)
Office

Century 21 Foothills South Real Estate

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