Looking to Invest in Real Estate in SPRUCE GROVE?

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SPRUCE GROVE is a city in AB, Canada. It has a population of 39 348. It is the #131 biggest city in Canada and #12 in AB. There are approximately 16 487 dwellings in the city. The estimated average rent is 1 035,47 $US. There are an estimated 3 691 rentals in the city.

We estimate the revenue from rental income in SPRUCE GROVE, AB to be 45 862 947,77 $US annually.

Rental Roll
1 289,42 $US

Bachelor Pad

1 179,56 $US

1 Bedroom Rent

840,09 $US

2 Bedroom Rent

1 002,11 $US

3 Bedroom Rent

Property Types
Property Types in SPRUCE GROVE, AB

Total - Structural type of dwelling

16 487

Single-detached house

10 040

Semi-detached house

996

Row house

1 289

Apartment or flat in a duplex

441

Apartment in a building that has fewer than five storeys

2 493

Apartment in a building that has five or more storeys

755

Other single-attached house

12

Movable dwelling

457

Note: The above numbers are estimates based on open source data and are for informational purposes only. Thank you to CMHC, Statistics Canada, and Geonames.

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Investing in Real Estate can result in capital gains which are taxed more favourably than income.

Enjoy Passive Income

Generate a consistent stream of cash flow from monthly rent collections.

Protect Against Inflation

Property values and rents typically increase during times of inflation, providing a safeguard for your investments.

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Capital Appreciation

Historically, real estate prices have outpaced wage increases, offering potential for significant capital appreciation.

Inflation Protection

Real estate values typically rise during periods of inflation, providing a safeguard against inflation.

Diversification

Real estate investments offer low correlation to other asset classes, providing a diversification opportunity for your portfolio.

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