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119, 22 Park Meadows Drive SE
homes for sale · Medicine Hat · Southview-Park Meadows
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$229,000

119, 22 Park Meadows Drive SE

Southview-Park Meadows, Medicine Hat · MLS® A2350895

221

1,035 sq ft · Condo · Single Family · built 1993 · 18 days on market

listed by DEVON FELESKY, RE/MAX MEDALTA REAL ESTATE

realtor's description

Welcome to easy, comfortable condo living in this lovely 2-bedroom, 2-bathroom main-floor unit at #119 - 22 Park Meadows Dr SE! Ideally located close to the entrance of this desirable 55+ building, this home is within walking distance to shopping, restaurants, services, and many other amenities. Inside, you’ll find a spacious and inviting living room with access to your private covered deck—an ideal spot to enjoy your morning coffee or relax outdoors. The living room flows seamlessly into the generous dining area. The kitchen offers plenty of cabinetry, white appliances, and a convenient pantry for additional storage. The unit features a good-sized guest bedroom, a 4-piece main bathroom, and a spacious primary suite complete with dual closets and a 3-piece ensuite. An in-suite laundry room adds even more convenience and functionality. Additional features include one underground parking stall and a separate storage unit. Condo fees are $591.82/month and include Common Area Maintenance, Electricity, Heat, Reserve Fund Contributions, Snow Removal, Trash, and Water. Residents of this welcoming building can enjoy a variety of shared amenities, including a games room, fitness room, recreation room, and library. With a convenient location, great building amenities, underground parking, and everything you need on one level, this is a wonderful opportunity for comfortable, carefree 55+ living!

similar homes nearby

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,035 sq ft
parking
1
year built
1993
property tax
$1,906 / yr
strata fee
$592 / mo ($0.57 / sq ft)
strata rules
Pets not Allowed, Age Restrictions
days on market
18
MLS®
A2350895

buying in a building from 1982 to 2000: what to read first

features

  • See remarks
  • Other
  • Guest Suite
  • Parking
  • Pets not Allowed
  • Age Restrictions

monthly cost

$1,748/mo
Mortgage $998 · Tax $159 · Strata $592

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$998/ monthly
loan $183,200
25-year amortization
total interest
$116,119
land title fees
$515
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$46,315
down + land title fees
total paid
$299,319

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,210/mo
after all costs
−$670/mo
cap rate
1.7%
yearly net rent ÷ price

Costs: mortgage $998 · tax $159 · strata $592 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Medicine Hat: CMHC's average there ($1,217) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
DEVON FELESKY
RE/MAX MEDALTA REAL ESTATE
call DEVON · 403-928-7676
Powered by: REALTOR.ca
▶ virtual tour

location

Southview-Park Meadows, Medicine HatGoogle Maps ↗

property tax

about $2,187 a year

The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).

The listing shows $1,906 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Southview-Park Meadows, Medicine HatGoogle Maps ↗
Drive times
  • Southview Centre2 min
  • Saint John Paul II Elementary6 min
  • Medicine Hat College7 min
  • Downtown Medicine Hat8 min
  • Medicine Hat Regional Hospital9 min
  • Medicine Hat High9 min
75

Walkability 75/100 · Walkable: many errands on foot

Within a 10 minute walk: 3 places to eat or drink, 2 cafes, 6 parks and playgrounds, 4 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

131, 1480 Southview Drive SE, Medicine Hat
131, 1480 Southview Drive SE, Medicine Hat, photo 2
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131, 1480 Southview Drive SE, Medicine Hat, photo 7
131, 1480 Southview Drive SE, Medicine Hat, photo 8
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248, 278 Park Meadows Drive SE, Medicine Hat, photo 6
248, 278 Park Meadows Drive SE, Medicine Hat, photo 7
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145, 1480 Southview Drive, Medicine Hat, photo 3
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145, 1480 Southview Drive, Medicine Hat, photo 5
145, 1480 Southview Drive, Medicine Hat, photo 6
145, 1480 Southview Drive, Medicine Hat, photo 7
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120, 278 Park Meadows Drive SE, Medicine Hat, photo 3
120, 278 Park Meadows Drive SE, Medicine Hat, photo 4
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120, 278 Park Meadows Drive SE, Medicine Hat, photo 8
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