Lethbridge, Alberta T1H7G7
4 beds• 3 baths• 1,008 sqft
Opportunity knocks with this legally suited bi-level in the sought-after community of Blackwolf! Whether you’re looking to expand your investment portfolio or live upstairs while having someone else help pay your mortgage, this property checks all the boxes. Featuring a legal basement suite with separate entrance, this home offers two fully self-contained living spaces — each with its own kitchen, laundry, and appliances. The upper suite includes a bright, open-concept layout with 2 bedrooms, including a primary bedroom with ensuite and walk-in closet, while the lower suite offers 2 bedrooms and a functional, well-designed layout ideal for long-term tenants.With separate living quarters, investors can maximize rental income from both levels, or homeowners can offset ownership costs by renting out the lower suite. This is true mortgage-helper potential.Additional highlights include: Double detached garage, Corner lot with alley access, Backs onto a field, Bi-level design allowing natural light in both units, All appliances included (2 sets), Strong rental configuration with proven income potential!Located in a family-friendly northside neighbourhood close to parks, schools, and amenities, this property appeals to tenants and owners alike.Whether you’re looking for cash flow, multi-generational living, or a strategic house-hack opportunity, this legally suited property delivers flexibility, revenue, and long-term value. (id:39198)
● Building Type
House
● Year built
2018
● Square Footage
1,008 sqft
● Stories
--
● Bedrooms
4
● Bathrooms
3
● Parking
4
● Neighbourhood
Blackwolf 1
● Land size
--
● Heating type
Forced air, Natural gas
● Basement type
Finished, Full, Separate entrance, Suite
● Parking Type
--
● Time on REALTOR.ca
0 days
Home price
$565,000
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
$5,417/month
The payment includes
Rent
$4,433
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$983
Each month, $983 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$654,058
Cumulative Down Payment
$40,406
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,406
Buyback Price
$593,250
Cumulative Down Payment
$16,802
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$11,802
Buyback Price
$622,913
Cumulative Down Payment
$28,604
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$23,604
Buyback Price
$654,058
Cumulative Down Payment
$40,406
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$35,406
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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