SE Southridge, Medicine Hat · MLS® A2346594
321
1,164 sq ft · Townhouse · Single Family · built 2007 · 3 days on market
listed by JESSIE MARKU, ROYAL LEPAGE COMMUNITY REALTY
Affordable, updated, and move in ready, this two storey condo offers a functional three bedroom layout in a convenient, family friendly location close to schools, shopping, parks, and everyday amenities. Large front windows bring plenty of natural light into the comfortable living room, which now features fresh paint and new vinyl plank flooring that continues throughout the main floor.The functional kitchen offers great everyday space and includes a new fridge, with direct access to the balcony for an easy extension of your living area during the warmer months. A conveniently located half bathroom completes the main floor.Upstairs you’ll find three bedrooms, a full four piece bathroom, and the added convenience of second floor laundry, keeping everything you need together on one level. With fresh updates already completed and a practical layout, this property is a great option for first time buyers, investors, young families, or those looking for an affordable, low maintenance home.Condo fees are $349 per month and include all utilities except electricity.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $980 · tax $150 · strata $348 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Medicine Hat: CMHC's average there ($1,468) raised 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 $2,148 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $1,795 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 77/100 · Walkable: many errands on foot
Within a 10 minute walk: 2 grocery stores, 10 places to eat or drink, 2 cafes, 9 parks and playgrounds, 1 school, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.