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#302 224 Church Rd
homes for sale · Spruce Grove · City Centre
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$169,900

#302 224 Church Rd

City Centre, Spruce Grove · MLS® E4500990

21

893 sq ft · Condo · Single Family · built 1992 · 89 days on market

listed by Dave Ryan, RE/MAX Real Estate

realtor's description

Outstanding 45+ adult living in this cute-as-a-button 2 bedroom 1 bath condo in central Spruce Grove. This almost 900 sq ft unit has everything you need. Enter into the great living room with hardwood floors & large south facing patio doors for tons of natural light. Updated kitchen is super functional with room to host a few friends for an evening dinner party! Primary suite features a walk in closet plus south & west facing windows. 2nd bedroom is great for guests or home office or craft space. IN SUITE LAUNDRY! 4pc bathroom. Outstanding covered balcony is the perfect spot to look out on the world and just take it all in! Elevator or stay in shape taking the stairs to the 3rd floor. Covered parking included to keep snow off the car! Great location close to shopping with easy access to Highway 16A.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
1
living area
893 sq ft
parking
0
year built
1992
strata fee
$463 / mo ($0.52 / sq ft)
days on market
89
MLS®
E4500990

buying in a building from 1982 to 2000: what to read first

features

  • Flat site
  • Paved lane
  • Lane
  • Closet Organizers
  • Exterior Walls- 2x6"
  • No Smoking Home

monthly cost

$1,203/mo
Mortgage $740 · Strata $463

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

estimated payment
$740/ monthly
loan $135,920
25-year amortization
total interest
$86,151
land title fees
$410
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$34,390
down + land title fees
total paid
$222,071

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
$234/mo
cap rate
6.9%
yearly net rent ÷ price

Costs: mortgage $740 · strata $463 · 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

location

City Centre, Spruce GroveGoogle Maps ↗

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listed by
Dave Ryan
RE/MAX Real Estate
call Dave · 780-660-3283
Powered by: REALTOR.ca
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similar homes nearby

property tax

about $1,554 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
  • École Broxton Park2 min
  • Kokusai Kaiyo Japanese High2 min
  • Spruce Grove Health Centre3 min
  • NAIT - Patricia Campus23 min
  • Downtown Edmonton34 min
  • YEG airport48 min
93

Walkability 93/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 22 places to eat or drink, 1 cafe, 8 parks and playgrounds, 3 schools, 2 pharmacies, 12 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

#205 112 Church Rd, Spruce Grove
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Condo
$189,900
4methe deep dive
#205 112 Church Rd
City Centre, Spruce Grove16 days on market
listed by RE/MAX PREFERRED CHOICE
21797 sq ft
MLS® E4512446
304 Spruce Gl, Spruce Grove
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Townhouse
$214,900
4methe deep dive
304 Spruce Gl
City Centre, Spruce Grove44 days on market
listed by RE/MAX Real Estate
321,044 sq ft
MLS® E4508268
#306 112 Church RD, Spruce Grove
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Condo
$219,000
4methe deep dive
#306 112 Church RD
City Centre, Spruce Grove57 days on market
listed by Century 21 Leading
221,012 sq ft
MLS® E4506115