Spruce Ridge, Spruce Grove · MLS® E4505009
22
861 sq ft · Condo · Single Family · built 2008 · 65 days on market
listed by Julie Mateer, Bermont Realty (1983) Ltd
Welcome to this well managed, spacious 3rd Floor TWO bed TWO-bathroom Spruce Grove Condominium. Functional open kitchen is conveniently located adjacent to the dining area. Enjoy large living room w/ Patio doors that open onto a good size deck overlooking the green space and Tricentre leisure centre. The primary bedroom will fit a king-size bed with space to spare w/ a huge walk-through closet to the 4-pce Ensuite. 2nd bedroom is great for a roommate, guests, kids or work from home office. Enjoy the convenience of IN-SUITE LAUNDRY and large storage closet. This apartment comes w/ two titled surface parking stalls. Located just a short walk from the Tri-Leisure Centre, soccer fields, and shopping, with quick highway access for all commuting. Some images have been virtually staged.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $719 · strata $446 · 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 $1,509 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 67/100 · Walkable: many errands on foot
Within a 10 minute walk: 7 places to eat or drink, 7 parks and playgrounds, 1 pharmacy, 8 transit stops.
mihom score from OpenStreetMap places, by straight line distance.