228 & 232 Ross Glen Drive SE

Ross Glen, Medicine Hat · MLS® A2354131

1,980 sq ft · House · Multi-family · built 1980 · 2 days on market

listed by SHAUNEEN VANDERHAM, RE/MAX MEDALTA REAL ESTATE

realtor's description

Exceptional investment opportunity in the highly sought after Ross Glen neighborhood! This revenue property offers excellent potential for investors looking to expand their portfolio with long-term tenants already in place. Each side features 4 bedrooms (2+2), 2 bathrooms, and 2 separate living areas. One side (232) was fully renovated approximately 3 years ago with new flooring, paint and upgrades to the bathrooms. Furnaces have been replaced in both units in the last 6-12 years, newer shingles and maintenance free fence.

property details

type: House, Multi-family
living area: 1,980 sq ft
parking: 2
year built: 1980
property tax: $4,007 / yr
days on market: 2
MLS®: A2354131

property tax

about $3,819 a year

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

The listing shows $4,007 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

$2,076/mo

Mortgage $1,742 · Tax $334

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

estimated payment

$1,742/ monthly

loan $319,920

25-year amortization

down payment20% · $79,98020%+ 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: $202,778
land title fees: $820; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $80,800; down + land title fees
total paid: $522,698

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