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201, 85 Terrace Drive
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Beds
2
Baths
2
Sqft
1,609
Year
2006
Type
Single Family
On market
6d
This 1,609 sq.ft. suite in The Estates at Terrace View offers two bedrooms, a den, a 4-piece bath and a 3-piece master ensuite. The open floor plan boasts 9-foot ceilings and features an ample kitchen with granite counters, abundant cabinets, peninsula with sink, and a walk-in pantry. The bright, spacious living room is highlighted by a gas fireplace. A large, covered deck off the kitchen has a gas line for the barbecue and affords views of a well-maintained, upscale residential area. Other features include a security entrance, "two" underground, titled parking stalls with adjacent secured storage areas, a trash disposal chute on every floor, 2nd and 3rd floor recreation and fitness rooms, and two guest suites. All kitchen appliances as well as the washer/dryer are included. Solid plank flooring installed 4 years ago along with an ensuite bath re-do and and new paint in all rooms. This unit features an extra wide hallway with a storage closet, granite counters in both bathrooms along with elevated low-flush toilets, and an upgrade A/C unit only 4 years old. Condo fees include all utilities except power. No age restrictions and pets (dogs/cats) are allowed with restrictions and board approval. This is a splendid condo in superb condition! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 10.50 Ft x 16.50 Ft | |
| Kitchen | 13.67 Ft x 15.50 Ft | |
| Dining room | 9.58 Ft x 15.50 Ft | |
| Living room | 13.00 Ft x 16.17 Ft | |
| Den | 11.42 Ft x 14.83 Ft | |
| Primary Bedroom | 12.00 Ft x 15.67 Ft | |
| Bedroom | 10.83 Ft x 14.00 Ft | |
| 3pc Bathroom | 5.00 Ft x 8.83 Ft | |
| 4pc Bathroom | 7.50 Ft x 9.00 Ft | |
| Laundry room | 8.17 Ft x 10.08 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
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
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).
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 4, 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.