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