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211, 1051 3 Street NW
homes for sale · Medicine Hat · Riverside
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$289,000

211, 1051 3 Street NW

Riverside, Medicine Hat · MLS® A2333720

221

1,351 sq ft · Condo · Single Family · built 1980 · 86 days on market

listed by CARLY CATALANO MORIN, SOURCE 1 REALTY CORP.

realtor's description

Wake Up to the View. Love the Lifestyle. Welcome to carefree riverfront living in one of the city's most desirable 45+ communities. This beautifully maintained 1,351 sq. ft. second-floor condo offers breathtaking river views, an updated kitchen, and a spacious, thoughtfully designed layout that perfectly balances comfort and convenience. *Some photos have been virtually staged.Step inside to discover a bright and inviting living room where large windows showcase stunning views of the river. A beautiful fireplace creates a warm focal point, making this the perfect place to relax with a morning coffee, curl up with a good book, or simply enjoy the ever-changing scenery throughout the seasons.The updated kitchen offers a fresh, modern feel with plenty of workspace and storage, while the adjacent dining area provides an ideal setting for everyday meals or hosting family and friends.The well-designed floor plan features two generous bedrooms, including a spacious primary suite complete with a convenient 2-piece ensuite. A 4-piece main bathroom and in-suite laundry add to the home's everyday functionality.Located in a quiet, well-maintained 45+ community, this condo offers the ease of low-maintenance living in an exceptional riverfront setting. Whether you're looking to downsize without sacrificing space or simply want to enjoy one of the city's most picturesque locations, this home is sure to impress.With its updated kitchen, cozy fireplace, generous living spaces, and spectacular river views, this is a rare opportunity to own a beautiful home in one of Medicine Hat's most sought-after riverfront communities.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,351 sq ft
parking
1
year built
1980
property tax
$1,847 / yr
strata fee
$354 / mo ($0.26 / sq ft)
strata rules
Pets not Allowed, Age Restrictions
days on market
86
MLS®
A2333720

features

  • No Animal Home
  • No Smoking Home
  • Parking
  • Pets not Allowed
  • Age Restrictions
  • Washer

monthly cost

$1,767/mo
Mortgage $1,259 · Tax $154 · Strata $354

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

estimated payment
$1,259/ monthly
loan $231,200
25-year amortization
total interest
$146,544
land title fees
$625
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$58,425
down + land title fees
total paid
$377,744

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
−$689/mo
cap rate
2.4%
yearly net rent ÷ price

Costs: mortgage $1,259 · tax $154 · strata $354 · 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

location

Riverside, Medicine HatGoogle Maps ↗

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listed by
CARLY CATALANO MORIN
SOURCE 1 REALTY CORP.
call CARLY · 403-671-2299
Powered by: REALTOR.ca

similar homes nearby

property tax

about $2,760 a year

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

The listing shows $1,847 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.

location

Riverside, Medicine HatGoogle Maps ↗
Drive times
  • Crescent Heights High5 min
  • Downtown Medicine Hat7 min
  • Medicine Hat Regional Hospital7 min
  • École les Cyprès8 min
  • Medicine Hat College11 min
  • Co-op Mall11 min
25

Walkability 25/100 · Mostly by car

Within a 10 minute walk: 1 place to eat or drink, 7 parks and playgrounds.

mihom score from OpenStreetMap places, by straight line distance.

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