320, 1632 Saamis Drive NW
$215,900
320, 1632 Saamis Drive NW
Northwest Crescent Heights, Medicine Hat · MLS® A2346846
221
982 sq ft · Condo · Single Family · built 2005 · 34 days on market
listed by RONALD STEINKEY, ROYAL LEPAGE COMMUNITY REALTY
realtor's description
Fantastic,well laid out tastefully updated corner unit on the 3rd floor with an oversized deck and beautiful view.Some recent upgrades are new doors, added storage in bathrooms and laundry room, new window coverings , new countertops and backsplash in kitchen and baths also new sinks.New stackable washer and dryer ,diswasher, microwave ,updated fridge and stove. New bamboo hardwood in bedrooms. The master bedroom has a 4pc ensuite and walkin closet with organizers.Also included is the upright deepfreeze in the laundry room,small fridge in the pantry, gas BBq on deck.Unit has been painted wthin the last year.This unit is completely move in ready.centrally located near Costco and the event center.This condo also has 1 underground heated parking stall, with storage space.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 982 sq ft
- parking
- 1
- year built
- 2005
- property tax
- $1,738 / yr
- strata fee
- $609 / mo ($0.62 / sq ft)
- strata rules
- Pets Allowed, Pets Allowed With Restrictions
- days on market
- 34
- MLS®
- A2346846
features
- Closet Organizers
- Gas BBQ Hookup
- Parking
- Pets Allowed
- Pets Allowed With Restrictions
- Refrigerator
monthly cost
$1,695/mo
Mortgage $941 · Tax $145 · Strata $609
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
- −$616/mo
- cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $941 · tax $145 · strata $609 · 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
Northwest Crescent Heights, Medicine HatGoogle Maps ↗
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