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