Active
SOUTHLAND
156 Somerset Way Se, Medicine Hat, AB
$749,900
Residential · MLS® A23036005Bedrooms
4Bathrooms
1,728Sq Ft
3Garage
2025Year Built
02 / Overview
PROPERTY OVERVIEW
OPEN HOUSE-Saturday, April 25th at 2:00-3:30pm! Introducing an exceptional investment opportunity in the heart of the city! Welcome to Adorah Homes' latest NEW BUILD featuring a beautiful two-storey main unit with a legal 2 bedroom basement suite. This property not only offers comfortable living spaces but also provides income-generating potential to help offset mortgage costs. The main two-storey unit boasts 1728 sqft of carefully designed living space-complete with a main floor office/playroom. Upon entry, you're greeted by a spacious, light-filled...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,728 sq ft
Lot Size8,850 sq ft
ZoningR-LD
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingConcrete Driveway • Insulated • Triple Garage Attached
ExteriorBBQ gas line
BasementFull
Year Built2025
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$221After mortgage & expenses
Cap Rate4.1%Based on market rents
Cash on Cash Return-1.8%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTHLAND
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by NICHOLE DAVIS · RIVER STREET REAL ESTATE