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2 Somerset Cove SE
Beds
4
Baths
4 full + 1 half
Sqft
1,574
Year
2013
Type
Single Family
On market
18d
Welcome to Somerset Cove, one of Medicine Hat's most sought-after pockets, and this home is ready to impress from the moment you pull up. The curb appeal and front deck are so welcoming and all the additional parking options is fantastic for a newer neighbourhood. The main level has been updated with vinyl plank flooring and the kitchen is genuinely a showstopper; granite countertops, stainless steel appliances, and a kitchen island that makes entertaining effortless. Three bedrooms are all on one level, with laundry conveniently located right outside the bedroom doors. The primary suite is set up for comfort with blackout blinds, a cool moulded ceiling detail with lighting and awesome full ensuite that features a walk-through closet, and granite finishes carry beautifully throughout the home. The fully fenced yard (Vinyl) and professionally installed covered deck make this oversized yard perfect for families and pets. Underground sprinklers with timers and remotes for spot watering keep everything looking great with minimal effort. Downstairs, the lower level is fully developed with serious flexibility, theres a spacious 4th bedroom, and the existing 2-piece bathroom is already plumbed for a tub or shower whenever you're ready to add it. The attached heated garage is a year round win and enjoys direct access to the yard. Location, you're close to top schools, parks, recreation facilities, and some of Medicine Hat's best shopping. This one checks a lot of boxes come see it for yourself. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.75 Ft x 10.08 Ft | |
| Furnace | 6.25 Ft x 6.25 Ft | |
| Bedroom | 9.67 Ft x 12.25 Ft | |
| Family room | 13.25 Ft x 28.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Pantry | 4.33 Ft x 4.33 Ft | |
| Kitchen | 12.75 Ft x 15.33 Ft | |
| Dining room | 9.67 Ft x 11.00 Ft | |
| Living room | 13.42 Ft x 16.17 Ft | |
| 2pc Bathroom | 4.67 Ft x 5.67 Ft | |
| Other | 6.00 Ft x 6.75 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 5.08 Ft x 5.25 Ft | |
| 4pc Bathroom | 7.75 Ft x 8.33 Ft | |
| Other | 7.17 Ft x 8.33 Ft | |
| Primary Bedroom | 11.00 Ft x 13.08 Ft | |
| Bedroom | 9.50 Ft x 11.00 Ft | |
| 4pc Bathroom | 7.25 Ft x 7.67 Ft | |
| Bedroom | 9.58 Ft x 11.58 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.18%
Cap rate
4.63%
GRM
13.9
Break-even rent
$3,413
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 25, 2026.
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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.