City Centre, Spruce Grove · MLS® E4508268
32
1,044 sq ft · Townhouse · Single Family · built 1976 · 44 days on market
listed by Dave Ryan, RE/MAX Real Estate
STOP Renting and get into home ownership with this great starter condo in central Spruce Grove. This unit is over 1000 sq ft PLUS a finished basement. You'll feel at home as you walk in the door. Good size entry with plenty of space for everyone to get off boots and coats. Updated kitchen with white cabinets and good counter space. Living and dining is a great mixed space and you can expand either to whatever size you need it to be. Upstairs the master bedroom is a good size. 2 more bedrooms are great for kids, guests or a home office. 4pc bath. Basement is finished with large rec room space and roughed in for another bathroom. Great size deck to sit out on during a warm summer day with nothing but GREEN SPACE BEHIND you! Close to medical, shopping and parking right outside your front door!!!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $936 · strata $360 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Edmonton: CMHC's average there ($1,802) 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 $1,965 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 84/100 · Very walkable: most errands on foot
Within a 10 minute walk: 9 places to eat or drink, 1 cafe, 8 parks and playgrounds, 4 schools, 2 pharmacies, 14 transit stops.
mihom score from OpenStreetMap places, by straight line distance.