SE Southridge, Medicine Hat · MLS® A2336555
331
1,368 sq ft · Townhouse · Single Family · built 1995 · 74 days on market
listed by Jeffrey Cox, eXp Realty
Welcome to San Paloma Condominiums, where comfort, space, and a peaceful setting come together in this fully developed townhouse. Backing onto a serene, park-like green space, this well renovated home offers beautiful views, plenty of natural light, and the convenience of a single attached garage all in a prime location close to the college, shopping, golf courses, and everyday amenities. The open-concept main floor features a spacious kitchen with quartz countertops, a corner pantry, and plenty of room for cooking and entertaining. The adjoining living room is bright and inviting, with large windows overlooking the green space and a cozy fireplace creating the perfect place to unwind. Main-floor laundry and a conveniently located 2-piece bathroom complete this level. Upstairs, the generous primary bedroom features a walk-in closet and convenient walk-through access to the 4-piece bathroom. Two additional bedrooms provide plenty of space for family, guests, or a home office. The fully developed basement adds even more versatility, with a recreation area, a comfortable second living room, and an additional 3-piece bathroom. With a functional layout, finished basement, attached garage, and an exceptional setting, this San Paloma townhouse offers a fantastic combination of comfort, convenience, and value.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,307 · tax $216 · strata $325 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Medicine Hat: CMHC's average there ($1,468) raised 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 $2,864 a year
The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).
The listing shows $2,586 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 21/100 · Mostly by car
Within a 10 minute walk: 7 parks and playgrounds, 1 school.
mihom score from OpenStreetMap places, by straight line distance.