The Opportunity

Overview

Exceptional investment opportunity in the highly sought after Ross Glen neighborhood! This revenue property offers excellent potential for investors looking to expand their portfolio with long-term tenants already in place. Each side features 4 bedrooms (2+2), 2 bathrooms, and 2 separate living areas. One side (232) was fully renovated approximately 3 years ago with new flooring, paint and upgrades to the bathrooms. Furnaces have been replaced in both units in the last 6-12 years, newer shingles and maintenance free fence. (id:61970)

Investment highlights

01Multi-family

Property details

Property type: Multi-family
Transaction: For sale
Listing brokerage: RE/MAX MEDALTA REAL ESTATE
Listing representative: SHAUNEEN VANDERHAM
Board / association: Medicine Hat

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Financial information

Asking price$399,900

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Location intelligence

228 & 232 Ross Glen Drive SE
Medicine Hat, Alberta T1B3A4

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Documents

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From interest to a decision

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01Prepare for the property tour

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Open resource 02Organize the document request

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Open resource 03Plan property due diligence

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial buyer representationAcquisition scope, agency, conflicts, information, compensation and exit →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Selling commercial propertyOwner objectives, evidence, marketing, offers and closing →Commercial pricing and positioningProperty interest, buyer audience, evidence and launch strategy →Commercial offering memorandumSource control, analysis, privacy, attribution and corrections →Public vs. confidential marketingReach, disclosure, qualification and reporting controls →Buying tenant-occupied commercial propertyLease, rent roll, tenant evidence and closing continuity →Triple net lease investmentsExpense allocation, tenant covenant, remaining term and owner exposure →Commercial lease rollover riskExpiries, renewal uncertainty, downtime and leasing capital →Commercial tenant covenant reviewLegal obligors, payment evidence, financial capacity and privacy →Lease security and letters of creditAmount, custody, expiry, draw and closing transfer →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 30434021
Last supplied (UTC): October 22, 2026
Listing brokerage: RE/MAX MEDALTA REAL ESTATE
Listing representative: SHAUNEEN VANDERHAM
Board / association: Medicine Hat

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: RE/MAX MEDALTA REAL ESTATE · Listing representative: SHAUNEEN VANDERHAM · Board/association: Medicine Hat · Updated (UTC): Oct 22, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.