Condo
$279,900
#313 511 Queen St
City Centre, Spruce Grove60 days on market
listed by RE/MAX Excellence
MLS® E4505561
#331 511 Queen St
$357,500
#331 511 Queen St
City Centre, Spruce Grove · MLS® E4513650
22
998 sq ft · Condo · Single Family · built 2008 · 5 days on market
listed by Dwight Hayes, Century 21 Leading
realtor's description
Discover this charming, sought-after 55+ Windsor Estates condo nestled in the heart of central Spruce Grove! This bright unit sits on the peaceful 3rd floor and opens onto a lovely private balcony—perfect for morning coffee or evening sunsets. With soaring 9’ ceilings, central air conditioning, and a sunny open-concept layout, this immaculate 2 bedroom residence is spacious and inviting. Enjoy the convenience of in-suite laundry, fresh new carpeting in both bedrooms, and the peace of mind that comes with a professionally cleaned home ready for you to move right in. Also included is an extra large parking space. TV and Electric Fireplace are included.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 998 sq ft
- parking
- 0
- year built
- 2008
- strata fee
- $647 / mo ($0.65 / sq ft)
- days on market
- 5
- MLS®
- E4513650
features
- Flat site
- No Animal Home
- Washer
- Refrigerator
- Dishwasher
- Stove
monthly cost
$2,204/mo
Mortgage $1,558 · Strata $647
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- −$767/mo
- cap rate
- 2.7%
- yearly net rent ÷ price
Costs: mortgage $1,558 · strata $647 · 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
location
City Centre, Spruce GroveGoogle Maps ↗
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