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The Estates at Terrace View

85 Terrace Drive Ne, Medicine Hat, AB T1C 0B1

The Estates at Terrace View, at 85 Terrace Drive Ne, is a condo building in the Terrace area of Medicine Hat, Alberta. It was built in 2006 and stands 5 storeys tall.

Terrace
Year Built
2006
Floors
5
Building Type
Mid-rise apartment

Market Overview

Avg Sold Price
$387,800
Median Sold
$395,000
Price Range
$347,000 – $435,000
Avg $/SqFt
$252.497
Sales (2yr)
5
Avg Days on Market
18.8

Last sale: Jun 21, 2026

Condo Fees

Avg Monthly Fee
$588.2
Median Fee
$594
Avg $/SqFt
$0.383
Units w/ Fee Data
5
Fee IncludesHeat, Water

Building Features

ExteriorStone,Stucco,Wood Frame
AmenitiesElevator, Fitness Center, Games Room, Guest Suites (2), Garbage Chute, Underground Parking, Snow Removal
Building TypeMid-rise apartment
Floors5 storeys
Year Built2006

Policies

Pet PolicyPets allowed with board approval

Known Issues & Notes

Repairs/Projects

Solid plank flooring and ensuite bath renovation completed 4 years ago; new paint in all rooms.

About This Building

The Estates at Terrace View is a five-storey mid-rise apartment building located at 85 Terrace Drive NE in the Terrace community of Medicine Hat, built in 2006. The building contains approximately 1,500 sq. ft. units ranging from one-bedroom plus den to two-bedroom plus den configurations. Recent sales have averaged around $388,000, with monthly condo fees averaging roughly $588. The building offers underground titled parking, guest suites, a fitness centre, and games room facilities. Condo fees cover all utilities except electricity. Before finalizing your purchase, retain a qualified professional to review the condominium documents, including the reserve fund study, financial statements, board minutes, and bylaws.

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