Southland, Medicine Hat · MLS® A2333988
232
1,688 sq ft · Townhouse · Single Family · built 2007 · 84 days on market
listed by MICHELLE LEBLANC, RIVER STREET REAL ESTATE
Welcome to this beautifully designed corner unit in the Lexington condominium complex. Offering a unique blend of character, natural light, and functional living space, this two-storey condo stands out with its striking octagonal turret-style design, creating an exceptional living experience unlike anything else in the building.Step inside to a spacious entry landing with stairs leading to the main living area. The open-concept layout features a generous kitchen with plenty of workspace, a bright dining area, and an inviting living room where the impressive octagonal feature wall is showcased with expansive windows that flood the space with natural light. From the kitchen, step onto the private deck complete with a gas line for your BBQ, while additional patio doors off the living room lead to the wrap-around deck—perfect for relaxing or entertaining.Also on the main floor is a convenient two-piece bathroom with laundry area, and a utility room that offers excellent additional storage.Upstairs, you'll find a spacious secondary bedroom, a full four-piece bathroom, and the impressive primary suite. The primary bedroom mirrors the architectural beauty of the living room below, featuring the stunning octagonal window design that creates a bright and airy retreat. Complete with a walk-in closet and a private four-piece ensuite, this space is both functional and full of character.Residents of The Lexington also enjoy access to an on-site fitness room located just steps from your suite entrance, along with the convenience of two assigned powered parking stalls.Combining distinctive architecture, an abundance of natural light, thoughtful design, and an excellent location, this is a rare opportunity to own one of the most unique units in this desirable community.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,307 · tax $205 · strata $576 · insurance ~$175 · 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 $2,864 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $2,460 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 69/100 · Walkable: many errands on foot
Within a 10 minute walk: 3 places to eat or drink, 1 cafe, 10 parks and playgrounds, 1 school, 1 transit stop.
mihom score from OpenStreetMap places, by straight line distance.