124 Westwind DR

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$389,900

124 Westwind DR

Greenbury, Spruce Grove · MLS® E4500003

231

1,305 sq ft · Townhouse · Single Family · built 2026 · 96 days on market

listed by David Lofthaug, Bode

realtor's description

NOVEMBER 2026 POSSESSION! Welcome to the STEEL-FRAME Metro Distinct 16 by Cantiro Homes. This stylish 3-storey END-UNIT townhome offers bright, functional living with a thoughtfully designed main floor perfect for everyday comfort. The spacious kitchen features a large island that connects seamlessly to the dining and living areas, while oversized windows throughout fill the home with natural light. Upstairs, you'll find two spacious bedrooms, each with its own private ensuite. Enjoy the expansive second-floor balcony, oversized single rear-attached garage, complete LANDSCAPING, with NO CONDO FEES. This home features Whirlpool stainless steel KITCHEN APPLIANCES, WASHER/ DRYER, tiled fireplace, iron spindle railings, a high-efficiency furnace, and modern construction designed for lasting comfort and energy savings. Photos for representation only, features + colors may vary.

property details

type: Townhouse, Single Family
bedrooms: 2
bathrooms: 3
living area: 1,305 sq ft
parking: 1
year built: 2026
days on market: 96
MLS®: E4500003

features

See remarks
Park/reserve
No Animal Home
No Smoking Home
Washer
Refrigerator

property tax

about $3,565 a year

The asking price times Spruce Grove's 2026 residential rate of 9.14 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

$1,699/mo

Mortgage $1,699

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

estimated payment

$1,699/ monthly

loan $311,920

25-year amortization

down payment20% · $77,98020%+ 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: $197,707
land title fees: $805; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $78,785; down + land title fees
total paid: $509,627

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: −$402/mo
cap rate: 4.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,699 · insurance ~$175 · 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