01 / Property Detail

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1600 Echo Dale Road Sw, Medicine Hat, AB

$749,000

Residential · MLS® A2288117
4Bedrooms
3Bathrooms
1,497Sq Ft
2Garage
1961Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to a truly unique opportunity on the scenic Echo Dale Road—an 8-acre acreage nestled within the city limits of Medicine Hat. Combining the tranquility of rural living with the convenience of city amenities, this one-of-a-kind property is ideal for those seeking space, versatility, and potential for home-based business or recreational ventures.

The 1,497 sq. ft. home offers comfortable and functional living with 2 bedrooms upstairs and 2 more in the fully developed basement—perfect for family, guests, or even rental possibilities....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,497 sq ft
Lot Size348,480 sq ft
ZoningFUD
HeatingForced Air • Natural Gas
CoolingWall/Window Unit(s)
ParkingDouble Garage Attached • Garage Door Opener • Garage Faces Front • Paved
ExteriorPrivate Yard • Storage
BasementPartial
Year Built1961
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$499After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-4.0%With 20% down payment
Est. Monthly Rent$2,820Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

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Needs Review
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Investment Score53/100
Avg Home Price$746K
Active Listings1435
Listed by BERNIE SMYTH · SOURCE 1 REALTY CORP.