Lethbridge Real Estate

Despite the global economic downturn, there are certain locations that the real estate market has survived and even thrived. One such location is Lethbridge, a small city located in the southern part of Alberta, Canada.

Lethbridge Real Estate remains both affordable and a strong investment for both locals and foreign property and land investors. Commercial property maintains high revenue and low vacancy rate, while residential properties are also extremely solid with an annual summer vacancy rate on rental property that approaches 0%.

One of the reasons that property prices have remained strong is attractive financing terms which are available on Lethbridge Mortgages. Residential mortgage interest rates on fixed terms are possible for qualified buyers at rates that are under 4%. This makes for very low mortgage payments and also helps to create positive cashflow on rental real estate investments.