Spruce Ridge, Spruce Grove · MLS® E4511539
22
1,076 sq ft · Condo · Single Family · built 2008 · 22 days on market
listed by Lily Le, Latitude Real Estate Group
SPACIOUS CORNER UNIT WITH TWO TITLED PARKING STALLS! This bright and move-in-ready 2-bedroom, 2-bathroom condo offers over 1,000 sq. ft. of living space, desirable southwest exposure, and views of the surrounding green space. Recent updates include newer flooring throughout, fresh paint throughout, a newer dishwasher, and new faucets in both bathrooms. The open-concept layout features a functional kitchen with island, spacious dining area, and a sun-filled living room with access to a private balcony. The primary bedroom includes a walk-through closet and 4-piece ensuite, complemented by a generously sized second bedroom and second full bathroom. Enjoy the convenience of in-suite laundry, a large storage room, and two titled parking stalls conveniently located near the main entrance. Ideally situated within walking distance to the Tri Leisure Centre, parks, trails, shopping, restaurants, schools, and transit, with quick access to Highway 16A for an easy commute. An excellent opportunity for first-time
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
about $1,875 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.
Costs: mortgage $893 · strata $544 · 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
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Walkability 67/100 · Walkable: many errands on foot
Within a 10 minute walk: 7 places to eat or drink, 7 parks and playgrounds, 1 pharmacy, 8 transit stops.
mihom score from OpenStreetMap places, by straight line distance.