646 7 Street SE

River Flats, Medicine Hat · MLS® A2342133

113

888 sq ft · 6,499 sq ft lot · House · Single Family · built 1934 · 51 days on market

listed by KIRBY CHISHOLM, RIVER STREET REAL ESTATE

realtor's description

Price reflects lot and the 2 detached garages. One is 22X28 and the other is 14x 24 with no real value on the home. With the DC zoning on this property it opens up different possibilities for usages. The home should be taken down, the foundation is compromised. It is an estate sale so it's to be Sold (AS IS, WHERE IS) as the Executor has never lived on the property.

property details

type: House, Single Family
bedrooms: 1
bathrooms: 1
living area: 888 sq ft
lot: 6,499 sq ft
parking: 3
year built: 1934
property tax: $1,561 / yr
days on market: 51
MLS®: A2342133

features

See remarks
Back lane
None

property tax

about $1,193 a year

The asking price times Medicine Hat's 2026 residential rate of 9.55 per $1,000 (municipal and education).

The listing shows $1,561 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.

monthly cost

$674/mo

Mortgage $544 · Tax $130

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$544/ monthly

loan $99,920

25-year amortization

down payment20% · $24,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $63,333
land title fees: $325; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $25,305; down + land title fees
total paid: $163,253

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.