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$502,499

1303, 401 Southlands Boulevard SE

Southland, Medicine Hat · MLS® A2349411

332

1,293 sq ft · Townhouse · Single Family · built 2022 · 23 days on market

listed by HELEN BROWN, RE/MAX MEDALTA REAL ESTATE

realtor's description

Welcome to this beautiful like-new 55+ Adult living bungalow style condo, ideally situated as an end unit. Built in 2022, offering close to 1300 sqft of living space on the main level, this home combines spacious living, modern finishes, abundant natural light and the convenience of a low maintenance lifestyle. The welcoming front entrance offers a deck area that is perfect for enjoying your morning coffee or relaxing in the afternoon. Inside, the bright and spacious main floor features an inviting living room with large windows and comfortable gathering space. The kitchen is designed for both everyday living and entertaining with a large island, quartz countertops, more than ample cabinetry, convenient pull outs and a walk in panty for storage. The primary bedroom is a peaceful retreat featuring plenty of natural light, a generous walk in closet and a beautiful four piece ensuite. A dedicated office area provides the perfect space for working from home or pursuing hobbies. The main floor laundry room provides direct access to the fully finished and heated garage, making every day living that much more convenient. Downstairs, you'll find two additional bedrooms, a four piece bathroom, an extra storage room/craft room, the utility room offering yet more storage plus the full sized family room - perfect for a media area, games room or just for relaxing. Plush carpeting adds extra warmth and comfort downstairs, while the main level features durable vinyl plank flooring. Step outside to enjoy the covered rear deck, conveniently located off of the kitchen and offering a private outdoor space to relax and entertain. The yard is tastefully landscaped and maintained by the condo board as part of your condo fees, allowing you to the enjoy the benefits of a peaceful outdoor space without the work. There is also plenty of additional parking, including visitor parking for your guests. This home is ideally located close to walking and biking trails, parks, shoppi ng and everyday amenities offering the perfect combination of comfort, convenience and carefree living. If your looking for a modern, specious home where you can enjoy your time rather than spend it on exterior maintenance - this exceptional 55+ condo is definitely worth seeing. Book your private viewing today - then simply move in - settle back and Enjoy!

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,293 sq ft
parking: 2
year built: 2022
property tax: $4,608 / yr
strata fee: $250 / mo ($0.19 / sq ft)
strata rules: Pets Allowed With Restrictions, Age Restrictions
days on market: 23
MLS®: A2349411

features

No Smoking Home
Parking
Pets Allowed With Restrictions
Age Restrictions
Refrigerator
Dishwasher

monthly cost

$2,823/mo

Mortgage $2,189 · Tax $384 · Strata $250

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

estimated payment

$2,189/ monthly

loan $401,999

25-year amortization

down payment20% · $100,50020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $254,803
land title fees: $1,010; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $101,510; down + land title fees
total paid: $656,802

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: $1,520/mo
after all costs: −$1,600/mo
cap rate: 1.4%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,189 · tax $384 · strata $250 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Medicine Hat: CMHC's average there ($1,468) raised 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

location

Southland, Medicine HatGoogle Maps ↗

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1303, 401 Southlands Boulevard SE

1 / 40

$502,499

1303, 401 Southlands Boulevard SE

Southland, Medicine Hat · MLS® A2349411

332

1,293 sq ft · Townhouse · Single Family · built 2022 · 23 days on market

listed by HELEN BROWN, RE/MAX MEDALTA REAL ESTATE

realtor's description

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,293 sq ft
parking: 2
year built: 2022
property tax: $4,608 / yr
strata fee: $250 / mo ($0.19 / sq ft)
strata rules: Pets Allowed With Restrictions, Age Restrictions
days on market: 23
MLS®: A2349411

features

No Smoking Home
Parking
Pets Allowed With Restrictions
Age Restrictions
Refrigerator
Dishwasher

property tax

about $4,799 a year

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

The listing shows $4,608 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.

monthly cost

$2,823/mo

Mortgage $2,189 · Tax $384 · Strata $250

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

estimated payment

$2,189/ monthly

loan $401,999

25-year amortization

total interest: $254,803
land title fees: $1,010; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $101,510; down + land title fees
total paid: $656,802

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