Property Information:

Excellent investment opportunity at 47 Highlands Place W — a well-maintained fourplex in a prime Westside location close to Safeway, Home Hardware, Banks, and a wide range of everyday amenities.This property features four self-contained units, each offering 594 sq ft on the main floor plus a fully developed basement. Every unit includes a functional and consistent layout with 3 bedrooms in the lower level, a full bathroom downstairs, and a convenient half bathroom on the main floor. The main level also offers a spacious kitchen complete with an island, ample counter space, a pantry, and a large walk-in storage room next to the kitchen for added practicality.Each unit enjoys its own private 12’ x 4’ balcony, while the property also includes underground sprinklers, a side yard shed, and durable stucco exterior. There is ample parking with 6+ off-street stalls, four exterior plug-ins, and separately metered utilities for each unit—an ideal setup for managing expenses.The property has seen updates throughout the years, including newer appliances across the units, four new dishwashers installed in 2025, Washer & dryer are also located on the lower level, and updated blinds in several suites. Pride of ownership is evident, making this a solid, turn-key addition to any portfolio.Currently configured with three rented units and one vacant unit, this offers immediate income with the flexibility to set your own rent or occupy a unit.A strong revenue property in a sought-after rental location—ideal for both new and seasoned investors.

Inclusions: 4 x Dishwashers, 4 x Refrigerators, 4 x Range Hoods, 4 X Stoves, 4 x Washer and Dryers, Window coverings, Shed, Underground Sprinklers. A/C in Unit #3 only.

Building Features:

Air Conditioning: Yes
Total Finished Area: 2376.00

Property Features:

Built in: 2003
Construction Materials: Stucco, Wood Frame
Cooling: Central Air
Floor Space (approx): 2376.00 Square Feet
Flooring: Carpet, Vinyl
Heating: Forced Air, Natural Gas
Levels: One
Lot Size: 8671.00 Square Feet
Parking Features: Off Street, Oversized, Parking Pad, Plug-In
Zoning: R-100
No. of Parking Spaces: 6

Courtesy of: RE/MAX REAL ESTATE - LETHBRIDGE

Data provided by: Lethbridge And District Association Of REALTORS® 516 6 St. S, Lethbridge, Alberta T1J 2E2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Demographic Information of 47 Highlands Place WEST, Lethbridge, AB, T1J 4Y3

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$112,878.76

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.32 %

High school certificate or equivalent

34.48 %

Apprenticeship trade certificate/diploma

7.2 %

College/non-university certificate

24.54 %

University certificate (below bachelor)

0.4 %

University Degree

26.06 %

Commuter

Travel To Work

By Car

95.13 %

By Public Transit

3.23 %

By Walking

0.77 %

By Bicycle

0.0 %

By Other Methods

0.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.94 %

Houses

72.06 %

47 Highlands Place WEST, Lethbridge, AB, T1J 4Y3