Active

SW HILL

#410, 245 Red Deer Drive Sw, Medicine Hat, AB

$188,500

Residential · MLS® A2297074
2Bedrooms
2Bathrooms
1,045Sq Ft
1Garage
1995Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this great 2-bedroom, 2-bathroom condominium in the highly sought-after River Terrace building. Ideally located close to the hospital and with quick, convenient access to Highway #1, this home offers both comfort and accessibility.

Inside, you’ll find a well designed layout featuring a spacious primary bedroom complete with double closets and a cozy electric fireplace, perfect for relaxing at the end of the day. The unit also includes the convenience of in-suite laundry and a bright, open living space that...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area1,045 sq ft
ZoningR-MD
HeatingBoiler
CoolingWall/Window Unit(s)
ParkingPlug-In • Stall
ExteriorBalcony
Year Built1995
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$389After mortgage & expenses
Cap Rate6.9%Based on market rents
Cash on Cash Return12.4%With 20% down payment
Est. Monthly Rent$1,929Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SW HILL

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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

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Listed by COLLEEN KELLY · ROYAL LEPAGE COMMUNITY REALTY