Riverside, Medicine Hat · MLS® A2339135
111
730 sq ft · Condo · Single Family · built 2005 · 65 days on market
listed by BRYAN DE JONG, 2 PERCENT REALTY
Riverside Living Awaits; East-Facing Condo with River Views & Underground ParkingWelcome to River Ridge Estates, where low-maintenance condo living meets an outstanding lineup of amenities designed to help you stay active, connect with neighbours, or simply unwind close to home. This bright, well-maintained 1-bed, 1-bath unit is EAST-facing with RIVER VIEWS, among the best views in the entire complex; offering an open-concept layout, abundant natural light, and a peaceful outlook over mature trees, green space, and the river valley beyond. It's the kind of view that gives you a true sense of nature, right from your own living room.The kitchen is both functional and inviting, with ample cabinetry and counter space, stainless steel appliances, a new hood fan, and an eating bar that flows into the spacious living area; perfect for everyday living or entertaining. Step out onto your covered private balcony, complete with a natural gas line for your BBQ, and take in those same stunning river valley views while enjoying bright morning sun and afternoon shade thanks to the east-facing exposure.The generously sized bedroom easily accommodates additional furniture, while the 4-piece bathroom (featuring an accessible tub) and in-suite laundry and storage add everyday convenience; including laundry appliances set on a framed pedestal for easier, more ergonomic access. Recent updates include a newer AC condenser, a new air-conditioning coil in the HVAC system, and updated lighting fixtures throughout.Building amenities include: Indoor pool, hot tub, steam room & sauna; Fitness room, library, theatre & games room; Entertaining room, guest suites & common sitting areas; Outdoor patio space and gas fire pit, Heated underground parking with storage; Car wash area & woodworking shop. Situated in a well-run 55+ building with pet-friendly policies (subject to some restrictions), this beautifully maintained Medicine Hat condo offers the ideal blend of comfort, community, and river valley charm, with some of the best views the building has to offer.Book your showing today! This one won't last long!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,088 · tax $150 · strata $575 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Medicine Hat: CMHC's average there ($1,120) 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 $2,385 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $1,803 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 23/100 · 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.