11515 101 ST ST NW NW

Spruce Avenue, Edmonton · MLS® E4505320

421

1,223 sq ft · 453 m² lot · House · Single Family · built 1940 · 61 days on market

listed by Damien Mastroprimiano, McLeod Realty & Management LTD

realtor's description

Discover a prime opportunity in the heart of Spruce Avenue with this charming 3-bedroom,1.5-story home. Perfectly situated just minutes from NAIT, Kingsway Mall and Royal Alexandra Hospital. The location alone makes the property standout. Sitting on a generous 4,865 sq. ft. RF3-zoned lot, the options are endless-renovate, redevelop or design a brand-new infill to suit your vision. Recent upgrades include a top-of-the-line Trane Furnace (vale $8000) providing modern comfort and efficiency. While the basement provides two-bedrooms with bathroom and unfinished kitchen. Whether you're an investor seeking redevelopment project or homeowner looking to join a vibrant community, this property is bursting with potential. Don't miss your chance to invest in Spruce Avenue's future! This property is full of possibilities!

property details

type: House, Single Family
bedrooms: 4
bathrooms: 2
living area: 1,223 sq ft
lot: 453 m²
parking: 1
year built: 1940
days on market: 61
MLS®: E4505320

features

No Smoking Home
Refrigerator
Stove

property tax

about $3,108 a year

The asking price times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

monthly cost

$1,307/mo

Mortgage $1,307

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$1,307/ monthly

loan $239,920

25-year amortization

down payment20% · $59,98020%+ 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: $152,071
land title fees: $640; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $60,620; down + land title fees
total paid: $391,991

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.