Turn-key investment property! Current tenant is on a lease until Feb. 28, 2026 at $1,450/month. This building includes ALL UTILITIES in the reasonable condo fees. Current CAP rate is 3.8% with room to increase due to TWO UNDERGROUND PARKING STALLS and being a TOP FLOOR, 2 bedroom unit. Nestled in a walkable building close to groceries, restaurants, banks, and parks, this home is ideal for a landlord looking for a great rental property.
Address
#403 11441 ELLERSLIE RD SW
List Price
$199,900
Property Type
Residential
Type of Dwelling
Apartment
Style of Home
Single Level Apartment
Transaction Type
sale
Area
Edmonton
Sub-Area
Rutherford (Edmonton)
Bedrooms
2
Bathrooms
2
Floor Area
822 Sq. Ft.
Lot Size
945.18 Sq. Ft.
Year Built
2005
Maint. Fee
$540.43
MLS® Number
E4455500
Listing Brokerage
RE/MAX Real Estate
Postal Code
T6W 1S9
Zoning
Zone 55
Parking
Stall, Underground
Community Features
Carbon Monoxide Detectors, Deck, Detectors Smoke, No Smoking Home, Parking-Visitor, Secured Parking, Security Door
Exterior Features
Airport Nearby, Flat Site, Golf Nearby, Low Maintenance Landscape, No Back Lane, Park/Reserve, Playground Nearby, Public Transportation, Schools, Shopping Nearby
Interior Features
ensuite bathroom
Heat Type
Baseboard, Natural Gas
Construction Materials
Wood, Brick, Stucco
Direction Faces
Southwest
Exposure
South West
Foundation Details
Concrete Perimeter
Garage Type
No
Roof
Asphalt Shingles
Access To Property
Paved Driveway to House
