City Centre, Spruce Grove · MLS® E4506115
22
1,012 sq ft · Condo · Single Family · built 1994 · 57 days on market
listed by Arlie Jespersen, Century 21 Leading
Arbor Green is a wonderful 55+ community, and this comfortable suite offers peace and quiet, thanks to full concrete construction. The 1012 sqft suite has 2 bedrooms and 2 baths including an ensuite with the tub modified for walk-in ease. Enjoy lots of kitchen cupboards plus an island for additional seating and meal prep. The LG-brand fridge and stove are just two years old, the washer and dryer are new, and there’s so much storage here! From large closets to a generous laundry room that could double as an office, and a storage room on the large balcony, there is no shortage. The bright living room faces south and overlooks green space, so you can relax with a good book and a pleasant view in the sun. The common area has a games room with kitchenette and a half bath, plus you get indoor heated parking (assigned stall). The $481 condo fee includes heat & water, and it all adds up to adult living perfectly situated near all sorts of shopping, services, and amenities in Spruce Grove's vibrant core.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $954 · strata $481 · 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 $2,003 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 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 23 places to eat or drink, 3 cafes, 4 parks and playgrounds, 1 school, 2 pharmacies, 12 transit stops.
mihom score from OpenStreetMap places, by straight line distance.