Condo
$299,999
#301 121 Festival Wy
Centre In The Park, Sherwood Park11 days on market
listed by Royal LePage Prestige Realty
MLS® E4512851
#122 61 Festival Wy
$379,900
#122 61 Festival Wy
Centre In The Park, Sherwood Park · MLS® E4511466
221
790 sq ft · Condo · Single Family · built 2019 · 22 days on market
listed by Christy Cantera, Real Broker
realtor's description
Discover luxury living in the sought-after Savona by Salvi at Centre in the Park! This beautifully appointed 2-bedroom, 2-bathroom condo offers an inviting layout filled with natural light and features a rare 352sqft private patio, perfect for relaxing, entertaining, or enjoying your morning coffee. The well-designed kitchen offers ample cabinetry, while the spacious primary suite includes a luxurious ensuite with dual sinks and generous storage. Enjoy premium building amenities including a fitness room, boardroom, carwash and stunning rooftop patio. Complete with underground parking and a secure storage locker. Ideally located just steps from Broadmoor Lake Park, walking trails, Festival Place, shopping, dining, and recreation. Experience the convenience, community, and vibrant lifestyle that make Centre in the Park one of Sherwood Park's most desirable addresses. Enjoy a walkable lifestyle with parks, cultural attractions, local cafés, and everyday conveniences all just moments from your front door.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 790 sq ft
- parking
- 1
- year built
- 2019
- strata fee
- $490 / mo ($0.62 / sq ft)
- days on market
- 22
- MLS®
- E4511466
features
- Park/reserve
- Public Swimming Pool
- Washer
- Refrigerator
- Dishwasher
- Stove
monthly cost
$2,145/mo
Mortgage $1,655 · Strata $490
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,600/mo
- after all costs
- −$708/mo
- cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $1,655 · strata $490 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
location
Centre In The Park, Sherwood ParkGoogle Maps ↗
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