#409 12035 22 AV SW

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$148,400

#409 12035 22 AV SW

Heritage Valley Town Centre Area, Edmonton · MLS® E4504006

211

571 sq ft · Condo · Single Family · built 2014 · 71 days on market

listed by Christina Bieniek, RE/MAX Real Estate

realtor's description

Welcome to this freshly updated top-floor 1-bedroom plus den, 1-bathroom apartment with an open-concept layout. The modern kitchen offers granite countertops and stainless steel appliances. Enjoy the privacy of top-floor living, along with your own private balcony. It features fresh paint throughout, new carpet, a new stove, and a brand-new washer and dryer, making it truly move-in ready. It comes with titled underground parking for added convenience. Low condo fees ot just $347.20 a month include heat and water. It's a very clean complex, situated close to Anthony Henday, Edmonton International Airport, and shopping. It's a fantastic opportunity for comfortable, stylish, and affordable living!

property details

type: Condo, Single Family
bedrooms: 2
bathrooms: 1
living area: 571 sq ft
parking: 1
year built: 2014
strata fee: $347 / mo ($0.61 / sq ft)
days on market: 71
MLS®: E4504006

features

See remarks
No Animal Home
No Smoking Home
Refrigerator
Dishwasher
Stove

monthly cost

$994/mo

Mortgage $647 · Strata $347

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

estimated payment

$647/ monthly

loan $118,720

25-year amortization

down payment20% · $29,68020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $75,249
land title fees: $370; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $30,050; down + land title fees
total paid: $193,969

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: $443/mo
cap rate: 8.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $647 · strata $347 · 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

Heritage Valley Town Centre Area, EdmontonGoogle Maps ↗

schools

Catchment schools, Edmonton Public Schools

Elementary K to Gr 6 Dugganhomes in this catchment
24553.6 km away · 10616 - 36A Avenue NW, Edmonton · (780) 434-0319 · website
Middle Gr 7-9 D S MacKenziehomes in this catchment
24553.9 km away · 4020 - 106 Street NW, Edmonton · (780) 438-9103 · 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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