JULY Realty

For Sale · Spruce Grove · Multi-family

$1,585,000

Spruce Grove

2023

Built

About This Home

The details.

Here is a turnkey 3 storey, 6-Plex in Prescott, Spruce Grove. Each modern townhouse includes a 3-bedroom, 2.5-bath upper suite and a 1-bedroom, 1-bath main floor suite, providing a functional layout suited for stable rental income. The property features contemporary finishes, including quartz countertops, bright living spaces, fenced backyards, and double garages, all elements that support tenant appeal and retention. This offering is well-suited for investors seeking a clean, low-maintenance asset in a solid rental market. Located on Pioneer Road, with easy access to Highway 16A, shopping, close proximity to Acheson, and new local amenities, the area continues to see steady growth and consistent rental demand. Mortgage must be assumed. (id:66635)

Summarizing the highlights...

MLS® 44681270Listing courtesy of Professional Realty GroupView on map Street view

Property Details

Facts & features.

Property type: Multi-family
Year built: 2023
Lot size: 8,712 square feet
Parking: 12 spaces
Listed on: 2026-04-09
Days on market: 97
MLS number: 44681270
Data source: REALTORS® Association of Edmonton – Commercial

July Value

What this home is worth.

Calculating a July Value estimate...

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My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$7,413

$1,268,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$7,413

Cash flow

-$7,413

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Spruce Grove right now

129

Active listings

129

New this week

$475,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Spruce Grove.

Household and demographic stats for Spruce Grove, from the Statistics Canada 2021 Census.

37,645
Population (2021): 36
Median age: 14,275
Households: 2.6
Avg household size: 76.3%
Home ownership: $106,000
Median household income

Spruce Grove market trends

Source: Statistics Canada 2021 Census, Spruce Grove, City, Alberta.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Greystone Centennial Middle School
public · elementary
1.3 km
St. Marguerite Catholic School
catholic · elementary
1.8 km
St. Thomas Aquinas Catholic School
catholic · elementary
1.9 km
Brookwood School
public · elementary
2.7 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.