144 Pierwyck LO

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$385,500

144 Pierwyck LO

Fenwyck, Spruce Grove · MLS® E4500421

1,385 sq ft · Townhouse · Single Family · built 2026 · 94 days on market

listed by Kristie Basaraba, Century 21 Leading

realtor's description

Brand New Townhome Crafted with Italian-Inspired Quality and NO CONDO FEES!!!! Montorio Homes offers a Contemporary, Bright and Spacious Modern Home with an Open-Concept Main Floor includes Upgraded 9' Ceilings, Large Windows, Luxury Vinyl Plank, Quartz Countertops, Stylish Backsplash, Quality Soft Close Cabinetry. Upstairs you'll Discover 3 Bedrooms, 2 Baths and Laundry for added Convenience. Primary Bedroom includes an Ensuite and Walk-In Closet. Outside offers a CONCRETE PAD for Future BBQ, FULL LANDSCAPING and DOUBLE DETACHED GARAGE. Located in the Desirable Community of Fenwyck, Spruce Grove, with only minutes to Edmonton. Fenwyck has Vast Walking Trails, Green Spaces, Playgrounds, and Ponds, bordering an 80-acre Environmental Reserve. Photos are for representation only, interior colors and finishing may differ slightly to actual home.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,385 sq ft
parking: 0
year built: 2026
days on market: 94
MLS®: E4500421

features

See remarks
Flat site
Exterior Walls- 2x6"
No Animal Home
No Smoking Home
Level

property tax

about $3,525 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

$1,680/mo

Mortgage $1,680

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

estimated payment

$1,680/ monthly

loan $308,400

25-year amortization

down payment20% · $77,10020%+ 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: $195,476
land title fees: $800; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $77,900; down + land title fees
total paid: $503,876

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: $1,880/mo
after all costs: −$125/mo
cap rate: 4.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,680 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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