#116 12025 22 AV SW

1 / 26

$199,900

#116 12025 22 AV SW

Heritage Valley Town Centre Area, Edmonton · MLS® E4502051

759 sq ft · Condo · Single Family · built 2014 · 81 days on market

listed by Gurpreet Ghatehora, E4 Realty

realtor's description

Welcome to modern comfort in RUTHERFORD LANDING. This beautifully maintained condo offers an inviting open-concept layout complete with 2 generous bedrooms, a versatile den, elegant quartz countertops, and stainless steel appliances designed for everyday living and entertaining.Enjoy seamless indoor-outdoor living with your own private patio space, along with the practicality of IN-SUITE laundry and a TITLED underground parking stall conveniently positioned near the elevator. Heat, water, and sewer are included, making this an ideal low-maintenance opportunity in a highly desirable location. Perfectly situated close to shopping, restaurants, schools, parks, and everyday amenities, with quick and easy access to Anthony Henday for effortless commuting throughout the city. Living room, dining and bedroom pictures are virtuall staged.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 759 sq ft
parking: 0
year built: 2014
strata fee: $459 / mo ($0.60 / sq ft)
days on market: 81
MLS®: E4502051

features

Public Swimming Pool
Washer
Refrigerator
Dishwasher
Stove
Dryer

city assessment

$167,500

2026 assessment · market value as of July 1, 2025

Up 9.5% from $153,000 in 2025
$172,000 in 2016 (-3% over ten years)
Asking price is 19% above the assessment
Built 2014
Lot 74 m² (798 sq ft)
Floor area on the roll 759 sq ft

roll year	assessed
2026	$167,500
2025	$153,000
2024	$137,500
2023	$140,000
2022	$145,000
2021	$150,500
2020	$153,000
2019	$162,000

From City of Edmonton open data (property assessments), matched to #116 12025 22 AVENUE SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,736 a year

The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

monthly cost

$1,330/mo

Mortgage $871 · Strata $459

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$871/ monthly

loan $159,920

25-year amortization

down payment20% · $39,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $101,364
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,440; down + land title fees
total paid: $261,284

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,600/mo
after all costs: $107/mo
cap rate: 5.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $871 · strata $459 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca