Southview-Park Meadows, Medicine Hat · MLS® A2345481
221
1,218 sq ft · Condo · Single Family · built 1996 · 39 days on market
listed by DEVON FELESKY, RE/MAX MEDALTA REAL ESTATE
55+ LIVING AT ITS BEST! This spacious main-floor corner unit offers comfortable, low-maintenance living in one of Medicine Hat’s highly sought-after 55+ condominium communities. Conveniently located close to shopping, services, restaurants, and other amenities, residents also enjoy an impressive selection of on-site facilities including a recreation centre, swimming pool, hot tub, fitness room, guest suite, events centre, and beautiful exterior courtyard. Inside, the spacious dining room flows seamlessly into the large living room, creating a welcoming space for entertaining or relaxing. An electric fireplace adds a cozy touch, while patio doors provide direct access to your private covered deck. Just off the living room, a lovely den/office tucked behind glass French doors offers a versatile space for a home office, reading room, hobby area, or additional sitting room. The kitchen features a functional layout with plenty of white cabinetry, white appliances, a pantry, and convenient access to the in-suite laundry room. Down the hall are a full 4-piece bathroom and two comfortable bedrooms, including the generous primary suite complete with a 4-piece ensuite featuring an accessible tub/shower. Carpet-free and move-in ready, this unit offers an easy lifestyle with plenty of space and fantastic amenities right outside your door. Condo fees are $680.40/month and include an extensive list of services and amenities, including heat, electricity, water, sewer, insurance, common-area maintenance, caretaker, snow removal, trash removal, parking, reserve fund contributions, and access to the HOA/condo amenities. Come see why Park Meadows continues to be such a popular choice for 55+ living!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,216 · tax $171 · strata $680 · 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 $2,665 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $2,053 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 84/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 5 places to eat or drink, 7 parks and playgrounds, 1 pharmacy, 4 transit stops.
mihom score from OpenStreetMap places, by straight line distance.