14 hours on Market

102 Somerset Lane, Medicine Hat, Alberta T1B 0E8

Townhouse
2
2 + 1
~1071.00 sqft
$199,000
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Townhouse
2
2 + 1
~1071.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$185/sqft

Est. Mortgage$855/mo

Maintenance fees$318/mo

Tax Amount (2024)$1,404/yr

Days On Market14 hours


Description

Welcome to Somerset Villas in Southlands — a comfortable and conveniently located condo perfect for students, first-time homebuyers, or a smart revenue opportunity. This two-storey unit features 2 bedrooms and 2 bathrooms, with a thoughtful layout designed for both comfort and functionality. On the main floor, you’ll find a spacious living room, a well-equipped kitchen with granite countertops, a dining area, a 2-piece bathroom, and sliding glass doors that lead to a covered deck — perfect for morning coffee or evening relaxation. Upstairs, the primary bedroom includes a walk-in closet, laundry and a 4-piece bathroom. A second bedroom offers additional space for kids, a roommate, guest, or home office. Whether you're settling in for a new semester or investing in a low-maintenance rental, this condo checks all the right boxes. Unit comes with one parking stall. Condo fees are $318/month and include Gas, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Trash, & Water. Utilities are $180/month and include electric & sewer.


Property Details

Style2 Storey
View-
Age of property2007
SqFt~1071.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2220767
Community NameSouthlands
Data SourcePILLAR 9
Listing byRE/MAX MEDALTA REAL ESTATE

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air

Main Floor

Entrance

4`6" x 6`5"

Living Room

10`10" x 12`10"

Dining Room

11`9" x 9`7"

Kitchen

11`11" x 10`9"


Features

Patio: See Remarks
Balcony: See Remarks

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

May 13, 2025
ListedActive
$199,000
14 hours on market
history photo preview33
Listing by pillar 9®
Property listed by RE/MAX MEDALTA REAL ESTATE, Brokerage
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Market Data - Southlands

Geo Zone Map ThumbnailSouthlands

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

15 days

Compared to

2024

10 days

2023

41 days

New Listings

Past 30 days

0 listing

Compared to

2024

7 listings

2023

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

1 unit

Median Sold Price

Past 30 days

$222,500

Compared to

2024

$285,350

2023

$175,000


Population and Demographics

Overview

Total population 2654
Average household income $116,934

Age (%)

0 to 19
25%
35 to 49
21%
20 to 34
21%
65 and plus
18%
50 to 64
15%

Household composition (%)

Single family
65%
Single person
31%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
91%
Others
3%
German
1%
Spanish
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
69%
Renters
31%

Schools and amenities

Transportation Scores

Estimated Budget