Welcome to 3 Columbia Place West—a fantastic opportunity for first-time home buyers or investors looking to expand their portfolio. Located in the highly sought-after community of Varsity Village, this bi-level home offers exceptional value and income potential. Featuring 6 bedrooms, all currently rented out, this property provides strong cash flow from day one. It includes a finished basement, sits on a 2,920 sq ft lot, and is occupied by long-term tenants, making it a turnkey investment with minimal hassle. Perfectly positioned near schools, parks, shopping, and just minutes from the University of Lethbridge, this location is ideal for student rentals or multi-family living. Whether you’re looking to live in part of the home and rent out the rest or hold it as a fully tenanted asset, the flexibility and earning potential are hard to beat. Don’t miss your chance to own a high-yield property in one of Lethbridge’s most desirable neighbourhoods. Contact your favourite Realtor® to book a showing today!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bi-Level
Total Living Area:
841.79 sq. ft.78.2 m2
Main Level Finished Area:
841.79 sq. ft.78.2 m2
Acreage:
No
Lot Area:
2,920 sq. ft.271 m2
Lot Frontage:
36'11 m
Front Exposure:
Southeast
Levels:
Bi-Level
Total Rooms Above Grade:
5
Year built:
1979
(Age: 46)
Bedrooms:
6
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
4
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
7811640
Heating:
Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Linoleum
Cooling:
None
Fireplaces:
0
Garage:
No
Parking:
Driveway, Off Street
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
Varsity Village
Electric Stove, Microwave, Refrigerator, Washer/Dryer
Data was last updated October 1, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
343
Avg list price:
$479,900
Min list price:
$148,000
Max list price:
$2,500,000
Avg days on market:
35
Min days on market:
1
Max days on market:
819
Avg price per sq.ft.:
$363.13
These statistics are generated based on the current listing's property type
and located in
Lethbridge. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.