Condo
$299,999
#301 121 Festival Wy
Centre In The Park, Sherwood Park11 days on market
listed by Royal LePage Prestige Realty
MLS® E4512851
#301 111 Festival WY
$299,900
#301 111 Festival WY
Centre In The Park, Sherwood Park · MLS® E4502059
12
769 sq ft · Condo · Single Family · built 2014 · 81 days on market
listed by David Goodchild, Royal LePage Prestige Realty
realtor's description
Welcome to the Reflections building in Centre in the Park, a sought-after 18+ adult building. This bright, west-facing corner unit offers an open-concept floor plan with a spacious 1-bedroom layout, no shared walls with neighbouring units, and an expansive wraparound balcony with a gas BBQ hookup. The modern kitchen features granite countertops, tile backsplash, stainless steel appliances, & ample cabinet space. The living room showcases durable vinyl plank flooring & 2 sets of French doors that open onto the balcony, creating a bright & inviting living space. The primary bedroom includes new carpet, a walk-in closet & a 4pc ensuite with a soaker tub. A convenient 2pc powder room with in-suite stacking washer & dryer adds everyday functionality. Additional features include titled underground parking & a separate storage cage. This is an exceptional opportunity to enjoy worry-free living in one of Sherwood Park’s most desirable communities, close to parks, shopping, restaurants & all amenities.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 2
- living area
- 769 sq ft
- parking
- 0
- year built
- 2014
- strata fee
- $602 / mo ($0.78 / sq ft)
- days on market
- 81
- MLS®
- E4502059
features
- Park/reserve
- Refrigerator
- Dishwasher
- Stove
- Microwave Range Hood Combo
- Window Coverings
monthly cost
$1,909/mo
Mortgage $1,307 · Strata $602
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,300/mo
- after all costs
- −$748/mo
- cap rate
- 2.2%
- yearly net rent ÷ price
Costs: mortgage $1,307 · strata $602 · 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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