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361 7 Street SW
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Beds
3
Baths
2
Sqft
992
Year
1953
Type
Single Family
On market
6d
This property presents a fantastic opportunity for buyers looking to add value and make a home their own. With solid fundamentals and several key updates already in place, it’s the perfect canvas for your vision.The main floor features a combination of newer flooring, with original hardwood in select areas—offering the chance to blend modern updates with timeless character. The living room is filled with natural light and offers a desirable view overlooking the park, creating a bright and inviting space. The kitchen includes classic oak cabinetry and a functional layout ready for your personal touch.Notable upgrades include several vinyl windows, new doors throughout, a hot water tank (2023), and a recently serviced A/C unit—providing a strong starting point for future improvements.Step outside to enjoy a beautifully treed, mature yard with plenty of space to create your own private outdoor retreat. The property also includes a 14x24 detached garage and a cement pad ideal for RV parking or additional vehicles.Conveniently located close to schools, parks, and shopping, this home is well-suited for first-time buyers, renovators, or investors.Bring your ideas and unlock the potential—opportunity awaits! (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 21.75 Ft x 25.83 Ft | |
| Furnace | 10.92 Ft x 9.25 Ft | |
| Bedroom | 10.83 Ft x 10.75 Ft | |
| 3pc Bathroom | 4.67 Ft x 6.58 Ft | |
| Laundry room | 4.83 Ft x 12.58 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 12.08 Ft x 18.42 Ft | |
| Dining room | 10.58 Ft x 9.58 Ft | |
| Kitchen | 10.33 Ft x 12.42 Ft | |
| Bedroom | 12.33 Ft x 11.33 Ft | |
| Primary Bedroom | 11.33 Ft x 11.67 Ft | |
| 4pc Bathroom | 6.42 Ft x 7.58 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).
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 3, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.