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St. Albert · Single Family · under $450,000 · 3+ bed · 1+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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79 Grosvenor BV
Welcome to an exceptional opportunity in the heart of the mature, tree-lined community of Grandin. This inviting bungalow offers over 2000sq.ft total space, and sits on an expansive 70x100 corner lot. The home features an open beam vaulted ceiling in the spacious living room, with natural light, flowing toward the open kitchen overlooking the back yard. On the main floor you’ll find two generously-sized bedrooms, while the lower level features two additional bedrooms and a kitchen rough-in, presenting superb potential for secondary suite possibilities. The solid surface flooring throughout ensures ease of maintenance. Step outside to enjoy a large yard, perfect for children, and pets, or savour the peace and relaxation of a three-season sunroom. The property is perfectly positioned across from a school and park, and within close reach of Henday, downtown St. Albert, shops, and ammenities. Whether you’re looking to put down roots or seeking a smart investment, this home is a perfect fit. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 3 | 4.41 × 3.37 meters | |
| Bedroom 4 | 4 × 3.37 meters | |
| Office | 3.58 × 3.4 meters | |
| Recreation room | 8.57 × 3.33 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 4.68 × 5.34 meters | |
| Dining room | 2.05 × 2.61 meters | |
| Kitchen | 2.69 × 4.18 meters | |
| Primary Bedroom | 4.63 × 4.62 meters | |
| Bedroom 2 | 4.15 × 3.51 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
5.56%
Cap rate
5.98%
GRM
11.5
Break-even rent
$2,510
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 30, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.