Centre In The Park, Sherwood Park · MLS® E4512851
11
877 sq ft · Condo · Single Family · built 2007 · 11 days on market
listed by Don McKay, Royal LePage Prestige Realty
Welcome to this beautifully updated 3rd-floor, 1-bedroom plus den condo offering stylish, comfortable living! Freshly renovated with new flooring throughout, modern light fixtures and a newly renovated barrier-free bathroom, this inviting home is move-in ready. Large windows fill the space with an abundance of natural light, enhancing the spacious open-concept living and dining areas. The generous primary bedroom easily accommodates a king-sized bed, while the versatile den is ideal for a home office, hobby room or additional sitting area. Step outside onto your large covered balcony and enjoy lovely views and a peaceful place to relax. This well-appointed building offers fantastic amenities, including a guest suite for visiting family and friends, a convenient car wash and a fitness room. Enjoy the perfect combination of modern updates, functional living space and desirable amenities in this welcoming condo!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $1,307 · strata $624 · 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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$228,000
2026 assessment · market value as of July 1, 2025
From Strathcona County open data (property tax assessment), matched to 301, 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 $1,659 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.