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131, 1480 Southview Drive SE
homes for sale · Medicine Hat · Southview-Park Meadows
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$228,500

131, 1480 Southview Drive SE

Southview-Park Meadows, Medicine Hat · MLS® A2352335

221

1,028 sq ft · Condo · Single Family · built 1990 · 5 days on market

listed by COLLEEN KELLY, ROYAL LEPAGE COMMUNITY REALTY

realtor's description

SPACIOUS AND BEAUTIFULLY MAINTAINED 2 BEDROOM, 2 BATHROOM, 55+ “PET FRIENDLY” CONDO! Offering a welcoming community atmosphere and an great selection of amenities, this is a wonderful place to call home! Step inside to find NEWER LAMINATE THROUGHOUT, giving the home a fresh and modern feel! Many updates in the last 5 years include the RENOVATED KITCHEN with updated countertops, backsplash, and newer appliances, creating a functional and inviting space for everyday living. The condo offers 2 BEDROOMS, including a GOOD SIZE PRIMARY BEDROOM complete with a convenient 2-PIECE ENSUITE, along with a RENOVATED 3-PIECE MAIN BATHROOM! Excellent storage throughout provides plenty of room to keep everything organized and tucked away. Enjoy the convenience of an ASSIGNED UNDERGROUND PARKING STALL, ASSIGNED STORAGE, PLUS the added bonus of ALL YOUR UTILITIES INCLUDED IN THE CONDO FEES! ($655.04 per month) Residents can also take advantage of those buildings AMENITIES, including a FITNESS ROOM, GAMES ROOM, COFFEE ROOM & WORKSHOP! There are plenty of opportunities to stay active, enjoy your hobbies, and connect with neighbours. Pet restrictions and board approval are required. If you’re looking for a SPACIOUS, WELL-MAINTAINED HOME WITH GREAT AMENITIES AND A FRIENDLY COMMUNITY ATMOSPHERE, this home is for you!! Call your favourite agent today :)

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property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,028 sq ft
parking
1
year built
1990
property tax
$1,693 / yr
strata fee
$655 / mo ($0.64 / sq ft)
strata rules
Pets Allowed With Restrictions, Age Restrictions
days on market
5
MLS®
A2352335

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

features

  • No Animal Home
  • No Smoking Home
  • Guest Suite
  • Parking
  • Pets Allowed With Restrictions
  • Age Restrictions

monthly cost

$1,792/mo
Mortgage $996 · Tax $141 · Strata $655

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

estimated payment
$996/ monthly
loan $182,800
25-year amortization
total interest
$115,866
land title fees
$515
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$46,215
down + land title fees
total paid
$298,666

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
−$713/mo
cap rate
1.5%
yearly net rent ÷ price

Costs: mortgage $996 · tax $141 · strata $655 · 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
COLLEEN KELLY
ROYAL LEPAGE COMMUNITY REALTY
call COLLEEN · 403-928-1110
Powered by: REALTOR.ca

location

Southview-Park Meadows, Medicine HatGoogle Maps ↗

location

Southview-Park Meadows, Medicine HatGoogle Maps ↗
Drive times
  • Southview Centre1 min
  • Saint John Paul II Elementary4 min
  • Medicine Hat College6 min
  • Downtown Medicine Hat7 min
  • Medicine Hat Regional Hospital8 min
  • Medicine Hat High8 min

property tax

about $2,182 a year

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

The listing shows $1,693 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.

68

Walkability 68/100 · Walkable: many errands on foot

Within a 10 minute walk: 3 places to eat or drink, 2 cafes, 7 parks and playgrounds, 1 transit stop.

mihom score from OpenStreetMap places, by straight line distance.

248, 278 Park Meadows Drive SE, Medicine Hat
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Condo
$258,500
4methe deep dive
248, 278 Park Meadows Drive SE
Southview-Park Meadows, Medicine Hat9 days on market
listed by ROYAL LEPAGE COMMUNITY REALTY
2211,029 sq ft
MLS® A2352627
145, 1480 Southview Drive, Medicine Hat
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145, 1480 Southview Drive, Medicine Hat, photo 6
145, 1480 Southview Drive, Medicine Hat, photo 7
145, 1480 Southview Drive, Medicine Hat, photo 8
Condo
$224,900
4methe deep dive
145, 1480 Southview Drive
Southview-Park Meadows, Medicine Hat11 days on market
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21
119, 22 Park Meadows Drive SE, Medicine Hat
119, 22 Park Meadows Drive SE, Medicine Hat, photo 2
119, 22 Park Meadows Drive SE, Medicine Hat, photo 3
119, 22 Park Meadows Drive SE, Medicine Hat, photo 4
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119, 22 Park Meadows Drive SE, Medicine Hat, photo 6
119, 22 Park Meadows Drive SE, Medicine Hat, photo 7
119, 22 Park Meadows Drive SE, Medicine Hat, photo 8
Condo
$229,000
4methe deep dive
119, 22 Park Meadows Drive SE
Southview-Park Meadows, Medicine Hat18 days on market
listed by RE/MAX MEDALTA REAL ESTATE
22
120, 278 Park Meadows Drive SE, Medicine Hat
120, 278 Park Meadows Drive SE, Medicine Hat, photo 2
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 6
120, 278 Park Meadows Drive SE, Medicine Hat, photo 7
120, 278 Park Meadows Drive SE, Medicine Hat, photo 8
Condo
$279,000
4methe deep dive
120, 278 Park Meadows Drive SE
Southview-Park Meadows, Medicine Hat39 days on market
listed by RE/MAX MEDALTA REAL ESTATE
22
45 Clark Crescent SE, Medicine Hat
45 Clark Crescent SE, Medicine Hat, photo 2
45 Clark Crescent SE, Medicine Hat, photo 3
45 Clark Crescent SE, Medicine Hat, photo 4
45 Clark Crescent SE, Medicine Hat, photo 5
45 Clark Crescent SE, Medicine Hat, photo 6
45 Clark Crescent SE, Medicine Hat, photo 7
45 Clark Crescent SE, Medicine Hat, photo 8
House
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Southview-Park Meadows, Medicine Hat45 days on market
listed by RE/MAX MEDALTA REAL ESTATE
32
1
1,112 sq ft
MLS® A2351128
1
1,035 sq ft
MLS® A2350895
1
1,218 sq ft
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903 sq ft
MLS® A2343932