Connaught, Medicine Hat · MLS® A2353316
221
860 sq ft · Condo · Single Family · built 2009 · 4 days on market
listed by ROXY GROVE, RIVER STREET REAL ESTATE
Welcome to Norwood Grande! This beautifully maintained 2 bedroom, 1.5 bathroom condo offers convenient access to the front entrance and elevator on the main floor. The open kitchen and dining area create a welcoming space, with updated flooring, fresh paint, and updated kitchen appliances adding a fresh feel throughout. Enjoy the east facing patio with lovely morning sunshine and shade in the evening.Additional features include in suite laundry, a spacious walk-in closet, an ensuite bathroom, granite countertops, one titled underground parking stall, and a separate storage unit. Condo fees of $514.30/month include all utilities and Wi-Fi! This well-built, exceptionally maintained 55+ age-restricted building offers a great range of amenities and is conveniently located close to shopping and everyday essentials.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,198 · tax $173 · strata $514 · 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 $2,625 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $2,080 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 65/100 · Walkable: many errands on foot
Within a 10 minute walk: 2 cafes, 4 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.