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New buildInvestment signal

$334,900

4, 969 2 Street SE

Save this home

Beds

2

Baths

2

Sqft

Year

2026

Type

Single Family

Suite

Investment signal

Location nearby

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.

About this home

Introducing a rare opportunity to own in one of the city’s most character-filled neighbourhoods: a brand new four-plex with individually titled residences designed for modern living and effortless ownership. Whether you are searching for your next home, a turnkey rental property, or multiple units to grow your portfolio, this is flexibility at its finest. Buy one, buy two and live in one, or rent them. The choice is yours.Set just steps from the river and surrounded by mature tree-lined streets known for their charming character homes, this boutique four-plex offers the perfect blend of fresh construction and an established, highly desirable location. From your front porch, enjoy a lifestyle connected to recreation, nature, and community, with Lions Park, Strathcona Park, an outdoor city pool, Athletic Park ball diamond, and scenic walking and biking trails all just moments away.Each residence has been thoughtfully designed with two spacious bedrooms, two full bathrooms, and bright modern interiors that balance comfort with functionality. Open-concept living spaces create an easy flow for everyday life, while the welcoming front porch adds curb appeal and the perfect place to relax with a morning coffee or evening sunset.Built for today’s busy lifestyle, these homes feature an extremely low-maintenance exterior and property design, giving owners more time to enjoy life and less time worrying about upkeep. Best of all, there are no condo fees and no homeowners association. These are not condo units, but individually owned homes offering the independence buyers want with the simplicity investors appreciate. Every unit also comes with the confidence of a new home warranty.Now in the finishing stages of construction, this is a limited opportunity for early buyers to still select colour and finishing choices, adding a personal touch before completion.New construction in a beloved established neighbourhood is rare. A chance to own it your way is even rarer. Mov e in, rent out, build wealth, and love where you live. Contact a Realtor® today for availability, and finish selection opportunities before these homes are complete. All appliances, window coverings and full landscaping is included. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
Row / Townhouse
Community
River Flats
Common interest
Freehold
Living area
960 square feet
Lot size
7,500 square feet
Lot dimensions
7500.00
Bedrooms
2 above grade, 0 below grade
Parking
2 total
Stories
1
On market
Apr 23, 2026
Status changed
Apr 28, 2026
Annual tax
$0 (2025)
Zoning
M-LD
Photos
10
MLS#
A2304519
Area
MEDICINE_HAT

Features and systems

Parking

Other

Basement

Crawl space

Appliances

RefrigeratorDishwasherStoveWasher/Dryer Stack-Up

Heating

Forced air

Cooling

Central air conditioning

Exterior

Vinyl siding

Flooring

Vinyl

Foundation

Poured Concrete

Lot

See remarksOtherBack lane
Negative cash flow ~$205/mo at these assumptions

Cash on cash

-3.67%

Cap rate

4.13%

GRM

14.7

Break-even rent

$2,115

Financing

Down payment$66,980
Loan amount$267,920
Mortgage$1,358/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$153
Insurance$80
Maintenance$279
CapEx reserve$140
Vacancy loss$95

Estimates 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.

Location nearby

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.

Mortgage estimate

Estimated $1,358/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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