#216 111 Edwards Dr SW

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$174,900

#216 111 Edwards Dr SW

Ellerslie, Edmonton · MLS® E4505005

221

910 sq ft · Condo · Single Family · built 2006 · 64 days on market

listed by Joanna Benvenuto, REMAX River City

realtor's description

Excellent 2 bedroom, 2 bath is in excellent condition & has well designed floorplan! Open concept kitchen - living room with vinyl plank flooring. Kitchen has light maple cabinets in great condition with lovely pot and pan drawers. Living room is bright with sunny south facing window. Two bedrooms are on separate sides of the unit for privacy and each bedroom is very generous in size. Laundry room is spacious with shelving. Master bedroom is large and has large walk in closet. Ensuite bathroom is unique as it has a walk in shower. Balcony faces south for optimal sunshine enjoyment. Parking spot is titled and is number 209. Pet friendly building with board approval required. Some photos staged.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 910 sq ft
parking: 1
year built: 2006
strata fee: $537 / mo ($0.59 / sq ft)
days on market: 64
MLS®: E4505005

features

No Animal Home
No Smoking Home
Washer
Refrigerator
Dishwasher
Stove

monthly cost

$1,299/mo

Mortgage $762 · Strata $537

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

estimated payment

$762/ monthly

loan $139,920

25-year amortization

down payment20% · $34,98020%+ 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: $88,687
land title fees: $415; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $35,395; down + land title fees
total paid: $228,607

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: $138/mo
cap rate: 6.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $762 · strata $537 · 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

location

Ellerslie, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Sakawhomes in this catchment
24546.1 km away · 5730 - 11A Avenue NW, Edmonton · (780) 463-1854 · website
Middle Gr 7-9 Dan Knotthomes in this catchment
24547.3 km away · 1434 - 80 Street NW, Edmonton · (780) 462-7954 · website
Secondary Gr 10-12 J Percy Pagehomes in this catchment
24547.7 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · website

From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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