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Medicine Hat · Single Family · under $425,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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516 Sissons Crescent SE
Welcome to this lovely 4-bedroom bi-level, ideally located in a quiet and highly desirable Southridge neighbourhood. This home backs directly onto a K–12 school and is just steps from Medicine Hat’s exceptional trail system, with convenient access to nearby bus pick-up and drop-off locations.The main floor features a bright, open-concept living area with updated vinyl windows and excellent natural light. The spacious kitchen offers modern appliances, an eating bar, and direct access to both the BBQ deck and lower patio, perfect for indoor-outdoor living.The lower level provides a flexible layout, including a large bedroom with a walk-in closet and direct access to a full bathroom, making it an ideal guest suite or comfortable private retreat.Outside, the fully fenced yard offers a secure space for children and pets. In addition to the detached garage, the property includes a large rear parking pad with ample room for RV parking, recreational vehicles, or multiple cars.Move-in ready and offering exceptional value, this Southridge home delivers comfort, convenience, and a fantastic family-friendly location. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 22.83 Ft x 11.92 Ft | |
| Primary Bedroom | 12.83 Ft x 10.58 Ft | |
| Bedroom | 14.58 Ft x 10.83 Ft | |
| 3pc Bathroom | 6.58 Ft x 11.08 Ft | |
| Furnace | 9.67 Ft x 10.83 Ft | |
| Other | 7.92 Ft x 10.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 16.58 Ft x 12.75 Ft | |
| Dining room | 10.58 Ft x 11.50 Ft | |
| Bedroom | 8.42 Ft x 11.42 Ft | |
| Bedroom | 13.42 Ft x 12.42 Ft | |
| 4pc Bathroom | 7.50 Ft x 8.25 Ft | |
| Kitchen | 10.58 Ft x 11.50 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
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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
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Insurance estimate
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Commute
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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
6.59%
Cap rate
6.18%
GRM
11.2
Break-even rent
$2,449
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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker 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 Jul 6, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.