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Lethbridge

Revenue Property for Sale



 
 Lethbridge Revenue Properties

The Alberta real estate market is active! Now is your opportunity to invest in a solid entity that is safe, inflation proof, appreciating and cash producing, month after month. In the 1990's it was the stock market which boomed, this decade it's real estate. Calgary and Edmonton revenue prices have already sky-rocketed, but there are still opportunites in the Lethbridge market.

To date, Lethbridge has enjoyed the lowest real estate prices of any major Alberta city, but this is changing FAST. Lethbridge is ideally located on the main transportation corridor running from the US border through Calgary and Edmonton, to Fort McMurray. Major new employers such as Sun Life insurance have moved to town. With a population increase from 72,000 in 2001 to 94,000 2016, is it any wonder that new housing is mushrooming on every side of the city.Lethbridge-Revenue-Foreclosures_Distressed_Sales_Graphic

A lack of inventory, is causing prices to steadily rising. The average Sutton Group Lethbridge resale price year to date in 2005 was $142,394, in January 2016 it was $263,165.

All of the fundamentals for steady Lethbridge property price increases are in place. Many real estate agents are projecting a catch up with our close neighbour Calgary, and benefits from the expected long term oil demand across Alberta. Each area of the city generates it's own pressure for rental property. In the west it is primarily the university, in the south the college, and in the north, the industrial sector.

Mary McLean specializes in finding revenue property for our clients. If you would like to take advantage of one of the most active property markets in Canada, please fill out the form below, or call Mary McLean today at 403-320-6411.

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