#314 11820 22 AV SW

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$220,000

#314 11820 22 AV SW

Rutherford (Edmonton), Edmonton · MLS® E4511221

221

986 sq ft · Condo · Single Family · built 2011 · 23 days on market

listed by Milan Shah, MaxWell Polaris

realtor's description

This bright corner condo with the largest floor plan in this apartment complex (nearly 1000 sq. ft) is located at Heritage Landing in Rutherford. It features 2 spacious bedrooms, den, two full baths, 1 titled heated underground parking stall, large storage unit and in-suite laundry. Very open design with U Shaped kitchen and breakfast bar, stainless steel appliances, granite countertops and ample cabinets. Patio door leads to a large balcony for BBQ and entertainment. Large primary bedroom with enough room for a king sized bed, walk through closet and a full ensuite bath. Located in a quiet, well-managed community close to shopping, Anthony Henday, schools, transit and many other amenities, this move-in-ready unit offers excellent value and everyday comfort.

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 2
living area: 986 sq ft
parking: 1
year built: 2011
strata fee: $515 / mo ($0.52 / sq ft)
days on market: 23
MLS®: E4511221

features

No Smoking Home
Washer
Refrigerator
Dishwasher
Stove
Dryer

monthly cost

$1,474/mo

Mortgage $959 · Strata $515

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

estimated payment

$959/ monthly

loan $176,000

25-year amortization

down payment20% · $44,00020%+ 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: $111,556
land title fees: $500; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $44,500; down + land title fees
total paid: $287,556

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: −$37/mo
cap rate: 5.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $959 · strata $515 · 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

Rutherford (Edmonton), EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 9 Johnny Brighthomes in this catchment
24550.8 km away · 1331 Rutherford Road NW, Edmonton · (780) 437-1341 · website
Middle K to Gr 9 Johnny Brighthomes in this catchment
24550.8 km away · 1331 Rutherford Road NW, Edmonton · (780) 437-1341 · website
Secondary Gr 10-12 Dr Anne Andersonhomes in this catchment
1000 m away · 11810 35 Avenue SW, Edmonton

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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