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Lethbridge Condos
GET NOTIFIED OF NEW CONDOS COMING ON THE MARKET
There are many different types of condos available in Lethbridge. Prices range from about 120,000 for a one bedroom condo, to more than 400,000 for some of the newer ½ duplex type condos in the south part of Lethbridge.
There are a few different types of condos:
Apartment style condos: Usually, these are apartment buildings that have been converted to condos. There are quite a few newer condos for seniors now that are apartment style. Usually, the utilities are included in the condo fees and the heating and hot water sources are in a central location in the building. Each unit should come with 1 or 2 assigned parking spots. Some of the newer apartment condos will have underground parking as well
Townhouse style conodos: Townhouse condos will be together all in a row. They may have a small yard that comes with the home, and there will usually be parking assigned, (outdoor). Townhouse condos may have a basement that can be developed for extra space. Townhouse condos can run from about 150,000 to 225,000.
4plex condos: There are some new 4plex style condos that are being developed in Lethbridge, as well as some 4plex units that are being converted into condos. It is one building with 4 units. Usually, the bedrooms are in the basements of these units.
1/2 duplex condos: There are some very nice new 1/2 duplex condos in the south side of town. However, the prices are usually more than 300,000. They are popular with people who want to enjoy the comforts of a home with a yard and a garage, but do not want the hassle that comes along with maintenance.
Condo ownership has many advantages and disadvantages.
Advantages:
Usually cheaper to buy
Usually do not have to worry about exterior maintenance
There is no yard work to worry about, perhaps only a small balcony or patio.
Disadvantages:
Monthly Condo fees
Rules and regulations that you need to follow
May not be able to keep pets
If you have a busy lifestyle, and like to travel often, a condo might be the right choice for you. If you want to work on your home and develop it, and enjoy a large yard, then a condo may not be your best choice.
There are many new affordable condos available now in West Lethbridge, and in North Lethbridge. As well as some very luxurious condos in South Lethbridge.
If you are interested in purchasing a condo in Lethbridge, or would just like some more information, please give me a call at 403 795 8783, or just send me an email. I can help you to find condos that are listed on the MLS, as well as privately listed condos, and new condos that are for sale with builders.jen@viewlethbridge.com
Service Alberta Tipsheet for Buying a Condo
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