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Spruce Terrace Condominium Complex

777 48 Street, Edson, AB T7E 1Z6

Year Built
2005
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$200,875
Median Sold
$186,750
Price Range
$168,000 – $262,000
Avg $/SqFt
$223.762
Sales (2yr)
4
Active Listings
2
Avg List Price
$182,500
Avg Days on Market
128.75

Last sale: Sep 2, 2026

Condo Fees

Avg Monthly Fee
$365.158
Median Fee
$343.715
Avg $/SqFt
$0.43
Units w/ Fee Data
6
Fee IncludesHeat, Water

Building Features

ExteriorVinyl Siding
AmenitiesElevator, heated underground parking, party room, common recreation areas, storage
Building TypeLow-rise apartment
Floors4 storeys
Year Built2005

Policies

Pet PolicyPets not allowed in building
Age Restriction55+

About This Building

Spruce Terrace Condominium Complex is a four-storey, low-rise apartment building built in 2005 located at 777 48 Street in Edson. This 55-plus adult living community offers one- and two-bedroom units with a focus on comfortable, maintenance-free living. Recent sales have averaged around $201,000, with monthly condo fees averaging roughly $365. Units typically feature in-suite laundry, air conditioning, private balconies with storage, and open-concept layouts. The building includes an elevator, heated underground parking, a party room, and additional common recreation areas. Prospectively positioned near parks, shopping, and cultural venues, this centrally located complex appeals to active retirees. Before finalizing a purchase, obtaining a professional review of the reserve fund study, financial statements, board minutes, and bylaws is advisable to understand the building's financial health and governance.

Premium reviews are completed within 24 hours of having all required condo documents. General information, not legal advice.

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