About 403 11441 Ellerslie Road
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 of 403 11441 Ellerslie Road
| MLS® # | E4455500 | 
|---|---|
| Price | $194,900 | 
| Bedrooms | 2 | 
| Bathrooms | 2.00 | 
| Full Baths | 2 | 
| Square Footage | 822 | 
| Acres | 0.00 | 
| Year Built | 2005 | 
| Type | Condo / Townhouse | 
| Sub-Type | Lowrise Apartment | 
| Style | Single Level Apartment | 
| Status | Active | 
Community Information
| Address | 403 11441 Ellerslie Road | 
|---|---|
| Area | Edmonton | 
| Subdivision | Rutherford (Edmonton) | 
| City | Edmonton | 
| County | ALBERTA | 
| Province | AB | 
| Postal Code | T6W 1S9 | 
Amenities
| Amenities | Carbon Monoxide Detectors, Deck, Detectors Smoke, No Smoking Home, Parking-Visitor, Secured Parking, Security Door | 
|---|---|
| Parking | Stall, Underground | 
| Is Waterfront | No | 
| Has Pool | No | 
Interior
| Interior Features | ensuite bathroom | 
|---|---|
| Appliances | Dishwasher-Built-In, Dryer, Hood Fan, Refrigerator, Stove-Electric, Washer | 
| Heating | Baseboard, Natural Gas | 
| Fireplace | No | 
| # of Stories | 4 | 
| Stories | 1 | 
| Has Suite | No | 
| Has Basement | Yes | 
| Basement | None, No Basement | 
Exterior
| Exterior | Wood, Brick, Stucco | 
|---|---|
| Exterior Features | Airport Nearby, Flat Site, Golf Nearby, Low Maintenance Landscape, No Back Lane, Park/Reserve, Playground Nearby, Public Transportation, Schools, Shopping Nearby | 
| Roof | Asphalt Shingles | 
| Construction | Wood, Brick, Stucco | 
| Foundation | Concrete Perimeter | 
Additional Information
| Date Listed | August 31st, 2025 | 
|---|---|
| Days on Market | 61 | 
| Zoning | Zone 55 | 
| Foreclosure | No | 
| RE / Bank Owned | No | 
| Condo Fee | $540 | 
Listing Details
| Office | Courtesy Of Jeneen L Marchant Of RE/MAX Real Estate | 
|---|

