223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
223 5 ST NW, Medicine Hat, AB T1A 7X9
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$ 599,900
Est. payment | /mo

1,920 SqFt


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$ 599,900
Est. payment | /mo
Save

1,920 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1920.0

Square Footage 1,920 sqft

Price per Sqft $312

Subdivision Riverside

MLS Listing ID A2304150

Style Bi-Level

Year Built 1976

Property Sub-Type 4 plex

Property Description

Excellent investment opportunity with this well-maintained fourplex offering strong income potential and long-term stability. Three of the four units are currently occupied by reliable long-term tenants,providing immediate cash flow,while the vacant unit has been recently refreshed with fresh paint and newer main floor flooring—ideal for owner occupancy or to maximize rental income at current market rates. Each unit features a functional and consistent layout,with the main floor offering a spacious kitchen,dining area,and bright living room complete with a cozy fireplace,along with a convenient 2-piece bathroom. The lower level includes two comfortable bedrooms,a full 4-piece bathroom,laundry area,and mechanical room,creating practical and desirable living spaces for tenants. The property has seen important updates over time,including new shingles in 2025 and mid efficiency furnaces and 2 hot water tanks (2020 & 2025). All units are equipped with central air conditioning,adding to tenant comfort and overall appeal.

Location

Province AB

County 0217

Zoning N-R3

Direction NW

Interior

Interior Features See Remarks

Heating Forced Air

Cooling Central Air

Flooring Carpet, Linoleum

Fireplaces Number 4

Fireplaces Type Wood Burning

Inclusions fridge (4), stove (4), shed

Fireplace Yes

Appliance Electric Stove, Refrigerator

Exterior

Exterior Feature Other

Parking Features Off Street

Roof Type Asphalt Shingle

Porch Balcony(s)

Total Parking Spaces 4

Garage No

Building

Dwelling Type Four Plex

Story One

Architectural Style Bi-Level

Level or Stories One

New Construction No

Others

Restrictions None Known

Listed by RE/MAX MEDALTA REAL ESTATE
LOCATION AND OTHER NEARBY PROPERTIES

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223 5 ST NW

REVIEWS

Shuvolaxmi Dutta

Highly recommend! An absolute pleasure to work with. We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision. He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way. What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind. Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation! Thank you again Viren!

Stallone Dias

We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish. Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind. His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property. I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.

Michael Rand

I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Viren Vijayashankar

Viren Vijayashankar

Agent | CON-00135400

+1(587) 742-8877

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