Centre In The Park, Sherwood Park · MLS® E4511101
111
855 sq ft · Condo · Single Family · built 2007 · 24 days on market
listed by Shauna Mudryk, REMAX River City
Welcome to Festival Estates! Adult living meets urban convenience in this bright 1-bedroom plus den condo. Nestled in the heart of Centre in the Park, this beautiful, well-maintained unit offers an open-concept design with plenty of natural light. The well-appointed kitchen features an abundance of cabinetry and counter space with a countertop bar that flows seamlessly into the main living area and out to your private, covered balcony. The functional layout includes a spacious bedroom with ample closet space, a versatile den for a home office, a 4-pc bath, in-suite laundry, and central A/C for year-round comfort. Enjoy premium extras including a heated underground parking stall and a secure storage cage just steps away from the elevator. This highly sought-after 18+ building features an exercise room, guest suite, and underground car wash. Embrace maintenance-free living and a vibrant lifestyle close to shopping, dining, Festival Place, and the scenic walking paths of Broadmoor Lake Park!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,155 · strata $597 · 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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$218,000
2026 assessment · market value as of July 1, 2025
From Strathcona County open data (property tax assessment), matched to 204, 121 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 $1,586 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 92/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 6 places to eat or drink, 3 cafes, 11 parks and playgrounds, 3 schools, 18 transit stops.
mihom score from OpenStreetMap places, by straight line distance.