Courtesy of Jeneen Marchant, RE/MAX Real Estate
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587-545-2359Listing Description
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.
Features
Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer, Carbon Monoxide Detectors, Deck, Detectors Smoke, No Smoking Home, Parking-Visitor, Secured Parking, Security Door
Amenities
Airport Nearby, Flat Site, Golf Nearby, Low Maintenance Landscape, No Back Lane, Park/Reserve, Playground Nearby, Public Transportation, Schools, Shopping Nearby.
Maintenance
Maintenance fees include: Electricity, Exterior Maintenance, Heat, Insur. for Common Areas, Landscape/Snow Removal, Parking, Reserve Fund Contribution, Utilities Common Areas, Water/Sewer.
Key Details
| MLS® Number: | E4455500 |
|---|---|
| Property Type: | Condo |
| Building Type: | Lowrise Apartment, Single Level Apartment |
| Building Size: | 822 SqFt |
| Year Built: | 2005 |
| Neighbourhood: | Rutherford (Edmonton) |
| Zone: | Zone 55 |
| Lot Size: | 945 SqFt |
| Exposure: | Southwest |
| Condo Name: | Rutherford Village |
| Maintenance Fees: | $540.43 |
| Parking Type: | Stall, Underground |
| Bedrooms: | 2 |
| Bathrooms: | 2 Full, 0 Half |
| Fireplace: | No |
| Heating Type: | Baseboard, Natural Gas |
| Flooring: | Laminate Flooring, Linoleum |
| Exterior: | Wood, Brick, Stucco |
| Roofing: | Asphalt Shingles |
| Construction: | Wood, Brick, Stucco |
| Foundation: | Concrete Perimeter |
| Balcony/Terrace: | Yes |
| Elevator: | Yes |
Community Demographics
