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Real estate on your terms®


Property Description

MOTIVATED SELLERS!!! Nestled quietly in the beautiful Cypress Hills, Elkwater is a year-round recreational garden of delights. Only a 40-minute drive from Medicine Hat, this flourishing resort oasis offers an abundance of vacation activities: boating, water skiing, fishing, biking, golf and hiking in the summer; skating, downhill and x-country skiing in the winter. This impressive 1,122 sq.ft. 2 bedroom / 2 bath condo is located in Elkwater Lake Lodge, which offers a delightful restaurant, pool, hot tub, fire pit and room service. The main unit boasts the popular open floor plan, which is awash in natural light flooding in from the numerous windows. A fully stocked kitchen offers an abundance of cupboards, an upgraded double sink and high-end faucet, and the 2-seat island and countertops have been re-done in granite. A separate dining area abuts a spacious living room, which comfortably sits 6 people and features a river stone gas fireplace. A generous wraparound deck (with gas hookup) is accessed via the living room and affords a quiet, relaxing retreat to "chill out" and take in the wooded views. A large bedroom and a 4-piece bathroom with a soaker tub completes the main unit. The adjoining studio suite, which also has a separate entrance, offers a spacious bedroom (kingsize bed) with access to a private deck, along with a coffee bar, mini-fridge, microwave and sink, and a 3-piece bath. This ideally located condo is only a short walk to the downtown marina, sandy beach, lake, restaurant and popular cafe. Priced ridiculously below assessed value, this is a solid investment opportunity for a single family or even as a group venture. Furthermore, this Phase 1 condo is part of a revenue generating rental pool. Owner is allowed 120 days usage throughout the year with the remaining time available in the rental pool. THE OWNER RECOUPS 60% OF ANY RENTAL REVENUE, WHICH BASICALLY PAYS THE MONTHLY CONDO FEES AND ELECTRIC BILL. It comes with all the appliances and is fully furnished. This "must see" property is an all-season getaway at a very affordable price! (id:53430)

Building

Property Type:
Apartment
Building Type:
Apartment
Style:
Multi-level
Year Built:
2006
Stories:
2.0
Bedrooms:
2
Bathrooms (total):
2.0

Finished Areas

Interior Size (Total):
1112 square feet
Above Grade:
1112 square feet

Interior

Flooring:
Carpeted
Appliances:
Refrigerator, Dishwasher, Stove, Microwave, Window Coverings

Parking

Spaces:
2
Features:
Other

Lot / Land

Lot Features:
No Animal Home, No Smoking Home

Exterior

Exterior Features:
Stone
Foundation:
Poured Concrete, See Remarks

Utilities & Mechanical

Heating:
Forced air, Natural gas
Cooling:
Central air conditioning
Utilities:
Sewer, Natural Gas, Electricity, Cable
Water Source:
Municipal water

Comfort & Security

Fireplace(s):
1

Fees & Dates

Property Taxes:
$1,730
Tax Year:
2025
HOA/Condo Fee:
$1,108
Last Modified:
07/15/2026 02:30:01 AM
Status Change:
07/15/2026 02:21:12 AM

Association / Ownership

Fee:
$1,108 / Monthly
Common Interest:
Condo/Strata

Room Dimensions

RoomLevelSize
Kitchen Main level 8.01 Ft x 12.01 Ft
Living room Main level 13.00 Ft x 19.00 Ft
Bedroom Unknown 13.00 Ft x 16.01 Ft
Bedroom Main level 11.00 Ft x 13.00 Ft
3pc Bathroom Unknown -
4pc Bathroom Main level -
Other Main level 8.01 Ft x 10.01 Ft

Location

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Listing offered by: RIVER STREET REAL ESTATE

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