$680,000
2 Ranchero Place NE
Beds
5
Baths
4.1
Sqft
—
Year
2026
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Welcome to this unique pre-construction opportunity in the desirable Ranchlands neighbourhood, offering a versatile layout with a 3 bedroom duplex PLUS a 2 bedroom suite. Whether you’re looking for multi-generational living, added flexibility, or potential rental income, this property is designed to meet a variety of needs. The main home welcomes you with a bright, open-concept layout featuring a spacious kitchen, dining, and living area, along with a convenient powder room on the main floor. Upstairs, you’ll find 3 bedrooms including a comfortable primary retreat complete with ensuite and walk-in closet, plus 2 additional bedrooms and a full 4 pc bathroom. The undeveloped basement provides a blank canvas for future customization, with a thoughtful layout already in place for those looking to expand the living space. The separate rear suite offers its own private entrance and functional design, with a welcoming living area and kitchen with dining space on the main floor. Upstairs includes 2 bedrooms—both with walk-in closets—as well as a dedicated laundry area. Situated on a corner lot with no neighbours behind, this property offers added privacy and plenty of parking options. Located in Ranchlands, you’ll enjoy close proximity to scenic river views, walking paths, and a welcoming community setting. A rare opportunity to invest in a brand new, flexible living space in a sought-after location. - Images of property are artist renderings. (id:65958)
- Subtype
- Single Family
- Structure
- Duplex
- Community
- Ranchland
- Common interest
- Freehold
- Living area
- 2,600 square feet
- Lot size
- 3,354 square feet
- Lot dimensions
- 3354.00
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 4 total
- Stories
- 2
- On market
- Apr 16, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $1,296 (2025)
- Zoning
- R-LD
- Photos
- 6
- MLS#
- A2302279
- Area
- MEDICINE_HAT
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Construction
Flooring
Foundation
View
Cash on cash
-6.78%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,208
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Medicine Hat. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.