SW Southridge, Medicine Hat · MLS® A2350721
332
1,483 sq ft · Townhouse · Single Family · built 2005 · 18 days on market
listed by JIM QUAN, SOURCE 1 REALTY CORP.
Opportunities like this don’t come up often! Located in the highly sought-after SW Southridge community, this spacious and well-maintained 3-bedroom, 2.5-bathroom townhouse offers the perfect combination of comfort, style, and low-maintenance living. Step inside to discover a thoughtfully designed open-concept main floor that welcomes you with an abundance of natural light. The ample cabinet space, and a functional layout that flows seamlessly into the dining and living areas—ideal for both everyday living and entertaining. Upstairs, you’ll find three generously sized bedrooms and two full bathrooms, providing plenty of space for families, guests, or a home office. The large primary suite is complete with a private 4-piece ensuite and great closet space. The fully developed basement adds even more usable space, perfect for a media room, play area, home gym, or whatever suits your lifestyle. ownership shines throughout—this home. Enjoy the ease of carefree condo living with exterior maintenance taken care of, so you can spend more time doing what you love. Situated close to parks, schools, shopping, and walking paths, this location offers convenience, quiet surroundings, and a strong sense of community. NO AGE RESTRICTION and pets are allowed!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,416 · tax $240 · strata $290 · 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
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about $3,103 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $2,883 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 11/100 · Car needed for most errands
Within a 10 minute walk: 11 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.