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Medicine Hat · Single Family · under $1,025,000 · 3+ bed · 3+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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67 Penland Way NE
Welcome to 67 Penland Way NE — a one-owner custom built home offering an impressive 3,072 sq ft above grade with a fully developed basement totaling 4,413 sq ft of beautifully maintained living space. Pride of ownership is evident throughout this property, with numerous renovations and updates completed over the years to keep the home current in both style and design. The main floor features a spacious open-concept layout with formal dining area, breakfast nook, family room, living room, den, and convenient main floor laundry. The upper level hosts 3 generous bedrooms including a stunning primary suite complete with an amazing ensuite, walk-in closet, and an open-to-below feature that adds to the grand feel of the home, along with an additional 4-piece bathroom. The fully developed basement offers even more living space with a large family room, recreation area, oversized bedroom with walk-in closet, and exceptional storage options. Additional features include zone heating, 2 hot water tanks, and a fully finished and heated 26’ x 26’ garage. Step outside and enjoy the screened-in deck overlooking the huge, beautifully cared for yard — perfect for relaxing or entertaining. An outstanding executive property that has been exceptionally cared for inside and out — call today, this one won’t last long! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Family room | 19.42 Ft x 22.83 Ft | |
| Recreational, Games room | 12.92 Ft x 14.92 Ft | |
| Bedroom | 12.92 Ft x 20.00 Ft | |
| Den | 10.00 Ft x 10.75 Ft | |
| 3pc Bathroom | 8.75 Ft x 10.25 Ft | |
| Other | 7.17 Ft x 10.25 Ft | |
| Furnace | 6.92 Ft x 11.92 Ft | |
| Storage | 7.17 Ft x 8.75 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 4.83 Ft x 8.08 Ft | |
| Living room | 12.58 Ft x 18.00 Ft | |
| Family room | 14.00 Ft x 15.08 Ft | |
| Dining room | 9.25 Ft x 12.50 Ft | |
| Dining room | 11.67 Ft x 14.33 Ft | |
| Kitchen | 15.92 Ft x 19.50 Ft | |
| Den | 10.67 Ft x 14.00 Ft | |
| 2pc Bathroom | 5.08 Ft x 7.83 Ft | |
| Laundry room | 9.33 Ft x 13.67 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.08 Ft x 23.92 Ft | |
| Bedroom | 12.83 Ft x 14.33 Ft | |
| Bedroom | 12.83 Ft x 15.17 Ft | |
| 5pc Bathroom | 11.08 Ft x 18.83 Ft | |
| 4pc Bathroom | 6.17 Ft x 10.83 Ft | |
| Other | 10.00 Ft x 11.83 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
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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
-0.82%
Cap rate
4.70%
GRM
13.9
Break-even rent
$5,785
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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 Jun 29, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
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