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201 5 Street SE, Medicine Hat, AB, T1A 0M5

MLS® # A2285332
new listing
Rent-to-Own
House For Sale In South East Hills, Medicine Hat, Alberta
$369,900 QuickQuoteTM: $320K - $405K

3+2 Beds

3 Baths

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201 5 Street SE, Medicine Hat, AB, T1A 0M5
$369,900

5 Beds

3 Baths

Property Information:

A rare investment opportunity delivering an excellent return with a cap rate just over 8%. This versatile property features two separate homes on a generous 75 x 130 lot, each individually fenced and offering off-street parking.The main residence is a brick home offering 1,157 sq ft of living space with 4 bedrooms and 2 bathrooms. The fully self-contained secondary bachelor suite adds charm with a cozy cottage feel and includes its own kitchen, 4-piece bath, and convenient stacking laundry.Zoned for medium density, this property offers strong future potential while generating immediate income with long-term tenants already in place. Ideally located within walking distance to schools, downtown restaurants and shopping, walking paths, and parks—an unbeatable combination of location, income, and upside.

Inclusions: 2 fridges, 2 stoves, dishwasher, central air, washer, dryer, stacking washer/dryer

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 1157.00

Property Features:

  • Architectural Style: Bungalow
  • Built in: 1947
  • Construction Materials: Brick
  • Cooling: Central Air
  • Exterior Features: Private Yard
  • Floor Space (approx): 1157.00 Square Feet
  • Flooring: Carpet, Laminate, Linoleum
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Interior Features: No Smoking Home
  • Levels: One
  • Lot Size: 9750.00 Square Feet
  • Parking Features: Driveway, Off Street
  • Roof: Asphalt Shingle
  • Zoning: R-MD
  • No. of Parking Spaces: 3

Courtesy of: RIVER STREET REAL ESTATE

Data provided by: Medicine Hat Real Estate Board Co-operative Ltd. 403 4th St. SE, Medicine Hat, Alberta T1A 0K5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Single family detached

3.3%

Price change (1 year)

22.07%

Price change (5 years)

All Properties

3.2%

Price change (1 year)

21.84%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 201 5 Street SE, Medicine Hat, AB, T1A 0M5

Demographic Information of 201 5 Street SE, Medicine Hat, AB, T1A 0M5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,830.48

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.13 %

High school certificate or equivalent

33.14 %

Apprenticeship trade certificate/diploma

9.76 %

College/non-university certificate

19.93 %

University certificate (below bachelor)

2.03 %

University Degree

17.0 %

Commuter

Travel To Work

By Car

86.93 %

By Public Transit

0.5 %

By Walking

9.84 %

By Bicycle

0.01 %

By Other Methods

2.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.3 %

Houses

61.7 %

Own Vs. Rent

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