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Legal suiteNew build

$580,000

310 Somerside Crescent

Save this home

Beds

5

Baths

4 full + 1 half

Sqft

Year

2026

Type

Single Family

Suite

Legal suite

Location 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.

About this home

Be the first to own this stunning new build half duplex that features a full legal basement suite & a single attached garage. An exceptional opportunity for investors or buyers seeking built-in rental income. Thoughtfully designed and quality built by New Tab Homes Ltd. in collaboration with DP76 Construction, this property delivers modern design, smart functionality, and income potential. The main living space is intentionally designed to maximize the layout, welcoming you with a spacious foyer that opens into a bright living room and dining area. The well appointed kitchen features a centre island, corner pantry, and patio door access to a covered deck, while a convenient 2 piece bathroom completes the main level. The upper level hosts 3 generously sized bedrooms, including a primary bedroom with a walk-in closet and private 4 piece ensuite. An additional 4 piece bathroom and a dedicated laundry room add to the home’s practicality. The fully developed walkout basement includes a legal suite, offering excellent flexibility for extended family or rental income. The suite features its own kitchen, cozy family room, two bedrooms, a 4 piece bathroom, and a separate laundry area. Estimated completion is mid May 2026, providing time for buyer customization. Front landscaping will be completed as part of the build. A rare opportunity to own a brand new, thoughtfully designed property in one of the city’s most desirable neighbourhoods. Primary Image is a conceptual AI-generated illustration of the home’s planned design and is provided for visual reference only. Final materials, colours, and finishes may vary. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
SE Southridge
Common interest
Freehold
Living area
1,631 square feet
Lot size
3,173.28 square feet
Lot dimensions
3173.28
Bedrooms
3 above grade, 2 below grade
Parking
2 total
Stories
2
On market
Feb 3, 2026
Status changed
Apr 28, 2026
Annual tax
$0 (2025)
Zoning
R-LD
Photos
25
MLS#
A2283460
Area
MEDICINE_HAT

Features and systems

Parking

Attached Garage

Basement

FinishedFullSuite

Heating

Forced air

Cooling

Central air conditioning

Exterior

Vinyl siding

Flooring

Other

Foundation

Poured Concrete

Lot

See remarks
Negative cash flow ~$121/mo at these assumptions

Cash on cash

-1.25%

Cap rate

4.61%

GRM

13.9

Break-even rent

$3,602

Financing

Down payment$116,000
Loan amount$464,000
Mortgage$2,351/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$266
Insurance$80
Maintenance$483
CapEx reserve$242
Vacancy loss$174

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.

Location 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

Estimated $2,351/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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