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