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Bedrooms: 4
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Bathrooms: 3
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Living area: 993.4 square feet
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MLS®: a2116656
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Type: Residential
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Added: 7 days ago
Property Details
Income? Income? income? WHY Inflation, Inflation, Inflation. This home could be just what you need for more income and to beat inflation. Located on the hill near downtown Medicine Hat with 2 legal suites and an additional suite upstairs, this property is a steal. The main floor suite features 2 bedrooms, one bathroom, a large living room and kitchen area with great views of downtown. The basement suite features 2 bedrooms and 2 bathrooms, along with a laundry room, kitchen and living area. This home got a new roof in 2022 and has been well-maintained. This property is perfect for anyone looking for a revenue property. Don't miss out, book a viewing today! (id:1945)
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Property Information
- Tax Lot: 10
- Cooling: None
- Heating: Forced air
- Stories: 1
- Tax Year: 2023
- Basement: Finished, Full, Separate entrance, Walk out, Suite
- Flooring: Hardwood, Laminate, Carpeted, Linoleum
- Tax Block: 48
- Year Built: 1948
- Appliances: Washer, Refrigerator, Stove, Dryer
- Living Area: 993.4
- Lot Features: See remarks
- Photos Count: 31
- Lot Size Units: square meters
- Parcel Number: 0018346049
- Parking Total: 3
- Bedrooms Total: 4
- Structure Type: House
- Common Interest: Freehold
- Parking Features: Other
- Street Dir Suffix: Southeast
- Subdivision Name: SE Hill
- Tax Annual Amount: 2108
- Foundation Details: Poured Concrete
- Lot Size Dimensions: 603.80
- Zoning Description: R-MD
- Architectural Style: Bungalow
- Construction Materials: Wood frame
- Above Grade Finished Area: 993.4
- Above Grade Finished Area Units: square feet
Room Dimensions
Type |
Level |
Dimensions |
Bedroom |
Main level |
3.51 M x 3.05 M |
Bedroom |
Main level |
3.33 M x 2.95 M |
Kitchen |
Main level |
3.61 M x 4.12 M |
Living room |
Main level |
4.27 M x 6.30 M |
Laundry room |
Main level |
.00 M x .00 M |
4pc Bathroom |
Main level |
.00 M x .00 M |
4pc Bathroom |
Basement |
.00 M x .00 M |
Bedroom |
Basement |
2.62 M x 2.54 M |
Laundry room |
Basement |
.00 M x .00 M |
Living room |
Basement |
3.05 M x 3.66 M |
Kitchen |
Basement |
2.84 M x 3.35 M |
3pc Bathroom |
Basement |
.00 M x .00 M |
Bedroom |
Basement |
3.66 M x 3.28 M |
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Nearby Places
Name |
Type |
Address |
Distance |
Twist Restrauant |
Restaurant |
531 3 St SE |
0.2 km |
Madhatter Coffee Roastery |
Cafe |
513 3 St SE |
0.3 km |
Cafe Caprice |
Restaurant |
501 4 Ave SE |
0.3 km |
Inspire Cafe |
Restaurant |
675 2 St SE |
0.4 km |
DAIRY QUEEN BRAZIER |
Store |
375 3 St SE |
0.4 km |
Medicine Hat Regional Hospital |
Alberta Health Services is responsible for the ope... |
|
0.5 km |
Medicine Hat |
This city and the adjacent Town of Redcliff to the... |
|
0.5 km |
Tim Hortons |
Cafe |
749 1 St SE |
0.5 km |
Pizza 73 |
Restaurant |
510 Kingsway Ave SE |
0.5 km |
Esplanade Arts & Heritage Centre |
Art gallery |
401 1 St SE |
0.6 km |
Medicine Hat Public Library |
It is a member of the Shortgrass Library System an... |
|
0.6 km |
Division No. 1, Alberta |
It is located in the southeast corner of southern ... |
|
0.7 km |
Similar Houses Stat in Medicine Hat
We have found 6 Houses that closely match the specifications of the property located at 575 5 Street Se with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 169,900 and 347,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T1A0N2 postal code area of Medicine Hat Alberta Canada.
575 5 Street Se mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 575 5 Street Se. The current price of the property is $269,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $215,920. This would result in a monthly mortgage payment of $1,262 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
25
|
Bachelor's degree
|
35
|
University / Above bachelor level
|
10
|
Certificate of Qualification
|
15
|
College
|
95
|
University degree at bachelor level or above
|
70
|
Neighbourhood Marital Status Stat
Married
|
175
|
Widowed
|
45
|
Divorced
|
65
|
Separated
|
25
|
Never married
|
200
|
Living common law
|
45
|
Married or living common law
|
215
|
Not married and not living common law
|
325
|
Neighbourhood Construction Date
1961 to 1980
|
110
|
1981 to 1990
|
35
|
1991 to 2000
|
10
|
1960 or before
|
175
|