Centre In The Park, Sherwood Park · MLS® E4492490
12
1,023 sq ft · Condo · Single Family · built 2007 · 139 days on market
listed by Mikaela Murray, NOW Real Estate Group
Welcome to Park Vista, ideally located in the heart of Sherwood Park. This spacious 1,028 sq. ft. condo offers an open-concept. Featuring 1 bedroom, 2 bathrooms, and a versatile den .Bright kitchen, tile backsplash, ample cabinetry, and generous counter space. The primary bedroom includes dual closets and a 4-piece ensuite. Additional features hardwood in living room, a large laundry/storage room, and a massive east-facing balcony perfect for enjoying your morning coffee .This well-maintained unit comes with a titled heated underground parking stall and an assigned storage cage. Residents enjoy access to excellent building amenities, including a car wash bay, guest suite, fitness room, elevator access, and professional management. The CONCRETE construction provides added comfort and quiet enjoyment, while affordable condo fees include heat and water. Located within walking distance to parks, shopping, the community center, Festival Place, and Broadmoor Golf Course, this is condo living at its best!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,328 · strata $616 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Edmonton: CMHC's average there ($1,301) 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
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$287,000
2026 assessment · market value as of July 1, 2025
From Strathcona County open data (property tax assessment), matched to 201, 141 FESTIVAL WY. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,088 a year
The 2026 assessment times Strathcona County's 2026 residential rate of 7.28 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 8 places to eat or drink, 4 cafes, 11 parks and playgrounds, 3 schools, 17 transit stops.
mihom score from OpenStreetMap places, by straight line distance.