Centennial Village, Sherwood Park · MLS® E4507007
22
1,072 sq ft · Condo · Single Family · built 2007 · 51 days on market
listed by Shannon Breen, Royal LePage Prestige Realty
Spacious 2-BEDROOM + DEN, 2-BATHROOM condo in a quiet CONCRETE 18+ building! FRESHLY PAINTED with BRAND NEW CARPET in the living room and bedrooms, this bright, move-in-ready home features an open-concept kitchen and living area with access to a PRIVATE COVERED BALCONY. The generous primary suite includes a walk-through closet and 3-piece ensuite. A second bedroom, full bathroom, separate laundry room and versatile den complete the functional layout. Includes a HEATED UNDERGROUND TITLED PARKING stall with a storage cage, conveniently located near the elevator. Building amenities include a fitness centre, sauna, theatre room, car wash, and social room, plus easy access to beautiful nearby walking trails!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,132 · strata $799 · 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
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$282,000
2026 assessment · market value as of July 1, 2025
From Strathcona County open data (property tax assessment), matched to 237, 400 PALISADES WY. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $2,052 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 65/100 · Walkable: many errands on foot
Within a 10 minute walk: 7 places to eat or drink, 2 cafes, 2 parks and playgrounds, 1 pharmacy, 9 transit stops.
mihom score from OpenStreetMap places, by straight line distance.