Crestwood-Norwood, Medicine Hat · MLS® A2350856
221
954 sq ft · Condo · Single Family · built 1974 · 11 days on market
listed by KEVIN GEJDOS, RIVER STREET REAL ESTATE
Enjoy comfortable, low-maintenance living in this clean and well-maintained top-floor apartment in a great location. Offering 954 square feet of living space, this unit features two bedrooms, including a primary bedroom with a four-piece ensuite, plus an additional four-piece bathroom. The unit boasts all vinyl windows, a combination of laminate, tile, and carpet flooring, and the convenience of in-suite laundry. Appliances are included, making this an excellent opportunity for first-time buyers, downsizers, or investors. The building features an attractive brick and stucco exterior, and the unit comes with an assigned parking stall. A great opportunity to enjoy convenient, easy-care living in a desirable location.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $827 · tax $123 · strata $521 · insurance ~$35 · 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 $1,814 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $1,475 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 70/100 · Walkable: many errands on foot
Within a 10 minute walk: 4 places to eat or drink, 7 parks and playgrounds, 2 schools, 4 transit stops.
mihom score from OpenStreetMap places, by straight line distance.