Condo
$214,900
4, 407 Macleod Trail SE
SE Hill, Medicine Hat132 days on market
listed by RIVER STREET REAL ESTATE
MLS® A2317981
303, 252 4 Street SE
$219,900
303, 252 4 Street SE
SE Hill, Medicine Hat · MLS® A2341916
221
1,217 sq ft · Condo · Single Family · built 1990 · 53 days on market
listed by JESSIE MARKU, ROYAL LEPAGE COMMUNITY REALTY
realtor's description
Offering exceptional value, this spacious two bedroom, two bathroom condo is a rare opportunity for buyers seeking generous living space, desirable building amenities, and low maintenance living at an affordable price. Complete with heated underground parking, an elevator, and additional storage, this well maintained unit is conveniently located close to downtown shopping, restaurants, and the beautiful tree lined streets of the SE Hill.The thoughtfully designed kitchen has been beautifully updated with rich cabinetry, laminate countertops, a pantry, and an abundance of storage and workspace, making it as functional as it is attractive. The adjoining dining area and generous living room create an inviting space for everyday living or entertaining family and friends.Both bedrooms are generously sized, including a versatile second bedroom featuring a built in Murphy bed, allowing the space to easily transition from guest room to home office or hobby room. A newer mini split air conditioning system keeps the home comfortable throughout Medicine Hat's warm, sunny summers, while the spacious primary suite offers excellent closet space and its own private ensuite.This well cared for building stands apart from many others in the area by offering the convenience of an elevator, heated underground parking, and a dedicated storage unit, providing security, accessibility, and additional space for all your seasonal belongings.If you've been searching for a spacious, move in ready condo in an unbeatable central location, this is an opportunity you won't want to miss.Please note: The home has been professionally staged, and some photographs have been virtually enhanced with additional furnishings or décor to help illustrate the property's full potential. Items shown in virtually staged images are for marketing purposes only and are not included in the sale.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 1,217 sq ft
- parking
- 1
- year built
- 1990
- property tax
- $1,851 / yr
- strata fee
- $658 / mo ($0.54 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Age Restrictions
- days on market
- 53
- MLS®
- A2341916
features
- See remarks
- Parking
- Pets Allowed With Restrictions
- Age Restrictions
- Refrigerator
- Dishwasher
monthly cost
$1,770/mo
Mortgage $958 · Tax $154 · Strata $658
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $1,210/mo
- after all costs
- −$692/mo
- cap rate
- 1.5%
- yearly net rent ÷ price
Costs: mortgage $958 · tax $154 · strata $658 · 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
location
SE Hill, Medicine HatGoogle Maps ↗
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