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#217 610 Calahoo Rd
homes for sale · Spruce Grove · City Centre
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$118,000

#217 610 Calahoo Rd

City Centre, Spruce Grove · MLS® E4512134

11

398 sq ft · Condo · Single Family · built 2015 · 18 days on market

listed by Tina Davis, Exp Realty

realtor's description

A great opportunity for investors, first-time buyers, or those seeking low-maintenance living! Located in The Nest in the heart of Spruce Grove, this 398 sq. ft. studio condo offers a thoughtfully designed open-concept layout that makes excellent use of every square foot. Situated on the second floor, this bright corner unit features a space-saving Murphy bed, modern finishes, vinyl plank and ceramic tile flooring, in-suite laundry, and a private balcony. Additional conveniences include an assigned parking stall, elevator access, and an on-site fitness facility. Enjoy a central location close to shopping, restaurants, walking trails, and everyday amenities. Whether you’re looking to expand your investment portfolio, purchase your first property, downsize, or enjoy a simpler lifestyle, this well-located studio offers plenty of possibilities!

property details

type
Condo, Single Family

similar homes nearby

bathrooms
1
living area
398 sq ft
parking
1
year built
2015
strata fee
$234 / mo ($0.59 / sq ft)
days on market
18
MLS®
E4512134

features

  • Closet Organizers
  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave Range Hood Combo
  • Furniture

monthly cost

$748/mo
Mortgage $514 · Strata $234

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment
$514/ monthly
loan $94,400
25-year amortization
total interest
$59,834
land title fees
$315
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$23,915
down + land title fees
total paid
$154,234

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
$1,110/mo
after all costs
$238/mo
cap rate
7.6%
yearly net rent ÷ price

Costs: mortgage $514 · strata $234 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a studio in Edmonton: CMHC's average there ($1,108) lowered 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.

listed by
Tina Davis
Exp Realty
call Tina · 587-357-0959
Powered by: REALTOR.ca

location

City Centre, Spruce GroveGoogle Maps ↗

property tax

about $1,079 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.

location

City Centre, Spruce GroveGoogle Maps ↗
Drive times
  • Spruce Grove Composite High2 min
  • Spruce Grove Health Centre3 min
  • École Broxton Park4 min
  • NAIT - Patricia Campus22 min
  • Downtown Edmonton34 min
  • YEG airport49 min
83

Walkability 83/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 9 places to eat or drink, 1 cafe, 9 parks and playgrounds, 3 schools, 3 pharmacies, 14 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.