Riverside, Medicine Hat · MLS® A2352931
121
855 sq ft · Condo · Single Family · built 2005 · 8 days on market
listed by ANN HOLDNER, RIVER STREET REAL ESTATE
PEACEFUL HILLSIDE VIEWS & BEAUTIFULLY UPDATED LIVING IN RIVER RIDGE! Discover comfort, privacy and low-maintenance living in this lovely 1-bedroom plus den, 2-bathroom condo in desirable River Ridge Estates. Enjoy beautiful views of the natural hillside, where deer are often seen wandering through the peaceful surroundings. The private balcony offers a wonderful place to relax, with shaded summer afternoons and no neighbouring units directly facing your outdoor space. Inside, the bright, open-concept kitchen, dining and living area features beautiful hardwood flooring, a cozy corner electric fireplace and updated stainless steel appliances, including a quiet dishwasher, over-the-range microwave and refrigerator with filtered water and ice. A significant upgrade completed in March 2026 includes a new heating and air conditioning system, providing added comfort and peace of mind. The spacious primary bedroom offers lovely views, a generous closet and a beautifully updated ensuite featuring a stunning walk-in shower. The versatile den is ideal for a home office, hobbies or additional guest space, while the second bathroom and convenient in-suite laundry with stackable washer and dryer add everyday practicality. Additional improvements over the years include updated flooring, lighting, ceiling fans, plumbing fixtures and water shut-off valves. You'll also appreciate the titled heated underground parking stall conveniently located near the elevator, along with a separate storage room. River Ridge residents enjoy an impressive collection of amenities, including an indoor pool, hot tub, steam room, fitness centre, library with fireplace, games and social rooms, woodworking shop, car wash and guest suites. Beautifully maintained and thoughtfully updated, this condo offers a wonderful combination of peaceful views, privacy, comfort and exceptional amenities. Come experience River Ridge living for yourself—book your private showing today!
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,248 · tax $185 · strata $620 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Medicine Hat: CMHC's average there ($1,120) 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 $2,736 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $2,222 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 23/100 · Mostly by car
Within a 10 minute walk: 5 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.