Riverside, Medicine Hat · MLS® A2344042
121
843 sq ft · Condo · Single Family · built 2007 · 44 days on market
listed by BRYAN DE JONG, 2 PERCENT REALTY
Vacant and available for immediate possession. Welcome to Riverstone—where comfort, space, and easy living come together in one. Enjoy Heated UNDERGROUND PARKING with an included Titled parking stall. Step inside this bright and inviting 1 bedroom, 2 bathroom unit and immediately feel the thoughtful layout. Just to your right, you’ll find a convenient in-suite laundry room complete with washer and dryer, storage space, and a full 4-piece bathroom—perfect for guests!The heart of the home opens up into a spacious, open-concept kitchen, living, and dining area designed for both relaxing and entertaining. The kitchen offers generous cupboard and counter space. The Living room includes a cozy electric fireplace. From the living room, step out onto your private balcony and take in the beautiful prairie sky—an ideal spot for morning coffee or unwinding at the end of the day.Tucked just off the living area, the primary bedroom provides a peaceful retreat, featuring two closets for ample storage and a private ensuite bathroom with walk-in shower. In addition to great storage within the unit there is an additional storage room in front of the included Underground parking.Riverstone is well managed and well Maintained. This great condo is ready to welcome you in. Book your showing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $848 · tax $74 · strata $572 · 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 $1,859 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $887 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 19/100 · Car needed for most errands
Within a 10 minute walk: 3 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.