A versatile, fully developed property in the desirable Norwood area, offering two separate homes on one lot and a combined rental income of $3,450 per month.
The main home is a 1,063 sqft bungalow with three bedrooms and a 4-piece bathroom on the main level, plus a spacious living room, dining room, and kitchen. The fully developed basement adds a family room with a cozy stone fireplace, a fourth bedroom, a 3-piece bathroom, and a summer kitchen with built-in cabinets and a double stainless steel sink. The laundry/utility room is also in the basement. Outside you’ll find a private, fenced yard with mature trees and shrubs, a covered wood deck for relaxing or entertaining, and an 8×12 storage shed. The shingles are new. Currently rented at $1,750/month.
Behind the main house sits a brand-new 676 sqft detached backyard suite bungalow built in 2025, with its own separate utility account — a real advantage for a rental. It offers two bedrooms, a 4-piece bathroom, and a kitchen with a new appliance package, plus an in-suite stacked washer and dryer. The suite is built for comfort and efficiency: in-floor heating, a ductless AC unit, an on-demand hot water system, vinyl siding, asphalt shingles, and double-glazed low-E windows. Covered by a builder’s warranty until August 2026. A perfect spot for extended family to live. Currently rented at $1,700/month.
Close to shopping, school, shopping and parks
Data was last updated June 25, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
165
Avg list price:
$399,900
Min list price:
$123,900
Max list price:
$2,500,000
Avg days on market:
23
Min days on market:
1
Max days on market:
259
Avg price per sq.ft.:
$347.38
These statistics are generated based on the current listing's property type
and located in
Medicine Hat. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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