City Centre, Spruce Grove · MLS® E4512446
21
797 sq ft · Condo · Single Family · built 1994 · 16 days on market
listed by Adam Wilson, RE/MAX PREFERRED CHOICE
Enjoy easy, walkable living in the heart of Spruce Grove’s City Centre! This 55+ condo in Arbor Green puts everyday essentials close by, with medical offices, banks, restaurants, and public transit all a short stroll away. The nearly 800 sq. ft. unit has 2 bedrooms and a generous 3-piece bathroom with an accessible walk-in shower, plus wide hallways for comfortable movement. It’s been nicely updated with stainless steel appliances, vinyl plank flooring, new countertops, backsplash, and fresh paint throughout. A full laundry room adds plenty of extra storage. The building is quiet and solidly built of steel and concrete, with four floors, an elevator, and heated indoor parking. Facing south, the unit has a large balcony that looks out over green space and mature trees, along with a 5' x 5' storage room for even more space to keep things organized. A wonderful building to call home!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $827 · strata $462 · insurance ~$35 · 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
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about $1,737 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.
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 23 places to eat or drink, 3 cafes, 4 parks and playgrounds, 2 pharmacies, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.