#306 11804 22 AV SW

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$199,000

#306 11804 22 AV SW

Rutherford (Edmonton), Edmonton · MLS® E4512705

221

838 sq ft · Condo · Single Family · built 2011 · 13 days on market

listed by Joshy Madassery, Kairali Realty Inc.

realtor's description

Welcome to Heritage Landing in the desirable community of Rutherford! This well-designed 2 bedroom + den condo offers a functional layout with comfortable living space. The kitchen features granite countertops, stainless steel appliances, tile backsplash and a generous breakfast bar with excellent prep space. The bright living room opens onto a private balcony, while the versatile den is ideal for a home office, dining area or flex space. The primary bedroom offers ample closet space and a 4-piece ensuite, complemented by a spacious second bedroom and additional full bathroom. Conveniently located close to schools, parks, public transit, grocery stores, restaurants and shopping, with easy access to Anthony Henday Drive, Calgary Trail, Century Park LRT and Edmonton International Airport. A great opportunity for first-time buyers, downsizers or investors looking for affordable living in Southwest Edmonton.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 838 sq ft
parking: 1
year built: 2011
strata fee: $434 / mo ($0.52 / sq ft)
days on market: 13
MLS®: E4512705

features

See remarks
Washer
Refrigerator
Stove
Dryer

city assessment

$186,000

2026 assessment · market value as of July 1, 2025

Up 8.1% from $172,000 in 2025
$204,000 in 2016 (-9% over ten years)
Asking price is 7% above the assessment
Built 2011
Lot 81 m² (872 sq ft)
Floor area on the roll 839 sq ft

roll year	assessed
2026	$186,000
2025	$172,000
2024	$149,000
2023	$151,500
2022	$151,500
2021	$162,000
2020	$160,500
2019	$172,000

From City of Edmonton open data (property assessments), matched to #306 11804 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 $1,928 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

$1,301/mo

Mortgage $867 · Strata $434

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

estimated payment

$867/ monthly

loan $159,200

25-year amortization

down payment20% · $39,80020%+ 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: $100,907
land title fees: $460; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $40,260; down + land title fees
total paid: $260,107

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: $136/mo
cap rate: 6.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $867 · strata $434 · 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