#7 50 McLaughlin DR

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$359,900

#7 50 McLaughlin DR

McLaughlin_SPGR, Spruce Grove · MLS® E4511946

1,373 sq ft · Townhouse · Single Family · built 2024 · 18 days on market

listed by Cassie Weber, Century 21 Masters

realtor's description

“The Harley,” a beautifully finished Streetside townhouse completed in June 2025, ideally located in the vibrant and growing community of McLaughlin, Spruce Grove. Offering 1,372 sq ft of thoughtfully designed living space, this home blends style, comfort, and functionality. The inviting main floor features luxury vinyl plank flooring throughout the spacious great room and contemporary kitchen, creating a seamless space perfect for everyday living and entertaining. The kitchen impresses with upgraded cabinetry, stylish countertops, full tile backsplash, and stainless steel appliances. Large windows flood the home with natural light, enhancing the bright, open-concept layout, while custom blinds add a polished touch. Upstairs offers three well-sized bedrooms, including a primary suite with private ensuite, plus a second full bath. Complete with front landscaping and a double attached garage, offering both curb appeal and everyday ease. This home is a must-see!

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
living area: 1,373 sq ft
parking: 0
year built: 2024
strata fee: $211 / mo ($0.15 / sq ft)
days on market: 18
MLS®: E4511946

features

See remarks
No Animal Home
Washer
Refrigerator
Dishwasher
Stove

property tax

about $3,291 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.

monthly cost

$1,779/mo

Mortgage $1,568 · Strata $211

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment

$1,568/ monthly

loan $287,920

25-year amortization

down payment20% · $71,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $182,495
land title fees: $750; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $72,730; down + land title fees
total paid: $470,415

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent: $1,880/mo
after all costs: −$225/mo
cap rate: 4.5%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,568 · strata $211 · 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