Condo
$357,500
#331 511 Queen St
City Centre, Spruce Grove4 days on market
listed by Century 21 Leading
MLS® E4513650
#313 511 Queen St
$279,900
#313 511 Queen St
City Centre, Spruce Grove · MLS® E4505561
111
775 sq ft · Condo · Single Family · built 2013 · 60 days on market
listed by Heather Joyes, RE/MAX Excellence
realtor's description
Take a look at this SOUGHT AFTER 55+ Windsor Estates Condo in central Spruce Grove! This east facing unit is on the 3rd floor & opens to a nice sized balcony. Showcasing 9’ ceilings & CENTRAL A/C, this IMMACULATE 1 bed + DEN condo features a BRIGHT open floor plan, upgraded flooring, spacious U-shaped kitchen with white cabinetry, stainless steel appliances, GRANITE and a designated dining area. PLUS a laundry room with front load washer/dryer and room for storage. Mere steps to medical care. This complex is safe, with a secured entry door, and allows you to be as private or social as you’d like. Amenities include: inviting sitting areas, gym, theater, game rooms, pool table room, large social room with full kitchen plus guest suites. Ample visitor parking. Complex activities include card games, potlucks, bbq’s, happy hour etc. INCLUDES Heated underground TITLED PARKING + storage cage plus a CAR WASH!!. Minutes to access miles of walking trails in Participark or head to the grocery store!
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 775 sq ft
- parking
- 1
- year built
- 2013
- strata fee
- $497 / mo ($0.64 / sq ft)
- days on market
- 60
- MLS®
- E4505561
features
- Dance Floor
- No Animal Home
- No Smoking Home
- Washer
- Refrigerator
- Dishwasher
monthly cost
$1,716/mo
Mortgage $1,219 · Strata $497
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,300/mo
- after all costs
- −$555/mo
- cap rate
- 2.8%
- yearly net rent ÷ price
Costs: mortgage $1,219 · strata $497 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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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