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328 Somerside Road SE
Beds
4
Baths
3
Sqft
1,137
Year
2026
Type
Single Family
On market
130d
Designed for flexibility, comfort, and long-term value, this brand new single-family bungalow features a fully self-contained secondary suite in the basement—an ideal setup for multi-generational living or added rental income. Quality built by New Tab Homes Ltd. in collaboration with DP76 Construction, this home offers modern finishes, efficient design, and excellent functionality throughout, all within close proximity to amenities, walking paths, and parks.The main level provides 1,137 sq. ft. of thoughtfully planned living space, highlighted by an open-concept living and dining area filled with natural light. The kitchen is both practical and stylish, featuring a centre island, ample cabinetry, and convenient access to the outdoor living space. Two bedrooms are located on the main floor, including a comfortable primary bedroom, along with a full bathroom designed for everyday ease.The fully developed basement hosts a secondary legal suite with two bedrooms, offering privacy and versatility for extended family or tenants. The suite includes its own kitchen, living area, full bathroom, and separate laundry, creating a complete and independent living space. Additional highlights include a 24’ x 24’ heated double garage, providing excellent storage and year-round comfort. Estimated completion is May 2026. A rare opportunity to own a brand-new bungalow with additional revenue potential in a desirable location close to everyday conveniences and green spaces. 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)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 10.00 Ft x 8.50 Ft | |
| Dining room | 13.50 Ft x 6.00 Ft | |
| Living room | 14.83 Ft x 10.83 Ft | |
| Storage | 8.17 Ft x 4.00 Ft | |
| Furnace | 4.50 Ft x 17.00 Ft | |
| Bedroom | 9.67 Ft x 10.00 Ft | |
| 4pc Bathroom | 8.00 Ft x 5.00 Ft | |
| Bedroom | 13.00 Ft x 10.00 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 5.50 Ft x 7.67 Ft | |
| Kitchen | 11.33 Ft x 12.33 Ft | |
| Dining room | 7.00 Ft x 12.33 Ft | |
| Living room | 12.00 Ft x 14.33 Ft | |
| Primary Bedroom | 11.50 Ft x 12.00 Ft | |
| 3pc Bathroom | 5.00 Ft x 8.17 Ft | |
| Bedroom | 9.00 Ft x 13.00 Ft | |
| 4pc Bathroom | 8.50 Ft x 5.00 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
$4,087
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 Jun 9, 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.