840 King St, Spruce Grove

2026-03-02
 

Quick Summary

Location
840 King St, Spruce Grove, Alberta T7X0R7
Price
$5,920,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Area:
257875 sqft
Brochure Link:

MLS®#44426758

Property Description

Prime Multi-Family Development Opportunity in Spruce Grove! Exceptional opportunity to acquire 5.92+/- acres of R2 zoned development land in Spruce Grove. This well-positioned corner site is surrounded by established residential neighbourhoods and offers excellent potential for medium to high density residential development within a mature and desirable community setting. Zoned R2 - Mixed Medium to High Density Residential District, the property permits a variety of housing forms including multi-unit dwellings, row housing, and street oriented residential development, providing flexibility for a range of development concepts. The site benefits from strong accessibility via Century Road with convenient connections to Highway 16 Yellowhead, allowing efficient regional access to Edmonton and surrounding areas. The property is strategically positioned near the expanding Westwind commercial development to the north, supporting future amenity growth and continued area investment. This offering presents a rare opportunity to develop within a stabilized residential area while benefiting from nearby commercial expansion and continued growth in the surrounding region (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 257875 sqft

Land

  • Land Size: 257875.2 sqft|5 - 10 acres

Information entered by Royal LePage Noralta Real Estate
Listing information last updated on: 2026-03-18 13:18:20


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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