Active

SOUTHLAND

25, 298 Somerset Way Se, Medicine Hat, AB

$289,900

Residential · MLS® A2310778
3Bedrooms
3Bathrooms
1,964Sq Ft
1Garage
2007Year Built
02 / Overview

PROPERTY OVERVIEW

With nearly 2,000 sq. ft. of thoughtfully designed living space, this exceptional condominium offers the perfect balance of sophistication, comfort, and low-maintenance living. Spacious and beautifully functional, this residence is ideal for professionals, down-sizers, families, or anyone seeking the ease of condo living without sacrificing the feel of a full-sized home.

The main level welcomes you with an expansive open-concept layout designed to effortlessly connect everyday living with stylish entertaining. The kitchen flows seamlessly into the dining and living areas, creating...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,964 sq ft
ZoningR-MD
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingStall
ExteriorOther
BasementNone
Year Built2007
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,511After mortgage & expenses
Cap Rate10.7%Based on market rents
Cash on Cash Return31.3%With 20% down payment
Est. Monthly Rent$3,587Based 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
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Active ListingsN/A

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Listed by MARTY MAYER · SOURCE 1 REALTY CORP.