SW Hill, Medicine Hat · MLS® A2349096
221
809 sq ft · Condo · Single Family · built 1995 · 24 days on market
listed by AMY TOEWS KLETZEL, RIVER STREET REAL ESTATE
Welcome to this well-maintained 809 sq. ft. condo, ideally located with convenient access to the hospital, Trans-Canada Highway, and downtown. Offering two bedrooms and two full bathrooms, this functional layout is perfect for those looking for comfortable, low-maintenance living.The fully equipped kitchen provides everything you need for everyday cooking and flows easily into the main living space. Step outside onto your private balcony, a great spot to enjoy your morning coffee or unwind at the end of the day. The primary bedroom features its own 4-piece ensuite, while a second full bathroom adds convenience for guests or a roommate.Located in a clean and well-maintained building, this unit also includes assigned outdoor parking. With a practical layout and an excellent central location close to everyday amenities and major routes, this condo is a great option for first-time buyers, downsizers, professionals, or those looking to add to their investment portfolio.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $719 · tax $114 · strata $506 · 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 $1,576 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $1,372 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 37/100 · Mostly by car
Within a 10 minute walk: 2 places to eat or drink, 10 parks and playgrounds, 2 transit stops.
mihom score from OpenStreetMap places, by straight line distance.