Oakwyn Realty Ltd.
201 5 Street SE - Photo 1 of 40, Medicine Hat, Alberta
1 / 40
$369,900

201 5 Street SE — Medicine Hat, Alberta

T1A0M5

5Beds
3Baths
1,157Sq Ft
3Parking
1947Built
9,750Lot Sq Ft

About This Property

A rare investment opportunity delivering an excellent return with a cap rate just over 8%. This versatile property features two separate homes on a generous 75 x 130 lot, each individually fenced and offering off-street parking.The main residence is a brick home offering 1,157 sq ft of living space with 4 bedrooms and 2 bathrooms. The fully self-contained secondary bachelor suite adds charm with a cozy cottage feel and includes its own kitchen, 4-piece bath, and convenient stacking laundry.Zoned for medium density, this property offers strong future potential while generating immediate income with long-term tenants already in place. Ideally located within walking distance to schools, downtown restaurants and shopping, walking paths, and parks—an unbeatable combination of location, income, and upside. (id:63357)

Property Location

Property Details

Property Type
Detached
Bedrooms
5
Bathrooms
3
Half Baths
0
Living Area
1,157 sqft
Above Grade Area
1,157 sqft
Year Built
1947
Stories
1.0
Status
Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Medicine Hat Market Snapshot

174

Active Listings

$437K

Median Price

0

Avg Days on Market

Last updated: Mar 11, 2026

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Listed by

RIVER STREET REAL ESTATE

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$369,900