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#303 111 Festival Wy
homes for sale · Sherwood Park · Centre In The Park
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$294,900

#303 111 Festival Wy

Centre In The Park, Sherwood Park · MLS® E4509946

12

753 sq ft · Condo · Single Family · built 2014 · 31 days on market

listed by Dean Zaharichuk, MaxWell Devonshire Realty

realtor's description

IMMACULATE 18+ Condo located in REFLECTIONS in Centre of the Park, Close to all Amenities and Walking Trails! This IMPRESSIVE Condo offers an Open Floor Plan! The Functional Kitchen boasts an Eating Bar, an Abundance of Cabinets & Counter Space, The Living Room offers of a lot of Natural Light & access to the Covered Patio. The HUGE Primary Bedroom offers a Walk Thru Double Closets & a 3pce Ensuite. Other Features include: a Den/Bedroom, Hardwood Flooring Flowing thru the Hallway/Kitchen/Living room, Tiled flooring in the 2 Bathrooms. Other Features in Park Vista include a Gym & Guest Suite!

property details

type
Condo, Single Family
bedrooms
1
bathrooms
2
living area
753 sq ft
parking
0
year built
2014
strata fee
$575 / mo ($0.76 / sq ft)
days on market
31
MLS®
E4509946

features

  • See remarks
  • Public Swimming Pool
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$1,860/mo
Mortgage $1,285 · Strata $575

20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.

estimated payment
$1,285/ monthly
loan $235,920
25-year amortization
total interest
$149,535
land title fees
$635
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$59,615
down + land title fees
total paid
$385,455

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$1,300/mo
after all costs
−$699/mo
cap rate
2.4%
yearly net rent ÷ price

Costs: mortgage $1,285 · strata $575 · 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

location

Centre In The Park, Sherwood ParkGoogle Maps ↗

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Dean Zaharichuk
MaxWell Devonshire Realty
call Dean · 780-264-8112
Powered by: REALTOR.ca

similar homes nearby

city assessment

$235,000

2026 assessment · market value as of July 1, 2025

  • Up 5.4% from $223,000 in 2025
  • Asking price is 25% above the assessment
  • Floor area on the roll 743 sq ft

From Strathcona County open data (property tax assessment), matched to 303, 111 FESTIVAL WY. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $1,710 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.

location

Centre In The Park, Sherwood ParkGoogle Maps ↗
Drive times
  • Salsbury Composite High2 min
  • École Père Kenneth Kearns3 min
  • Strathcona Community Hospital11 min
  • The King's University13 min
  • Downtown Edmonton21 min
  • YEG airport38 min
90

Walkability 90/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 6 places to eat or drink, 3 cafes, 12 parks and playgrounds, 3 schools, 18 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

#301 121 Festival Wy, Sherwood Park
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Condo
$299,999
4methe deep dive
#301 121 Festival Wy
Centre In The Park, Sherwood Park11 days on market
listed by Royal LePage Prestige Realty
11877 sq ft
MLS® E4512851
#122 61 Festival Wy, Sherwood Park
#122 61 Festival Wy, Sherwood Park, photo 2
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#122 61 Festival Wy, Sherwood Park, photo 8
Condo
$379,900
4methe deep dive
#122 61 Festival Wy
Centre In The Park, Sherwood Park22 days on market
listed by Real Broker
22
#204 121 Festival Wy, Sherwood Park
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#204 121 Festival Wy, Sherwood Park, photo 8
Condo
$265,000
4methe deep dive
#204 121 Festival Wy
Centre In The Park, Sherwood Park23 days on market
listed by REMAX River City
11
#215 111 Festival Wy, Sherwood Park
#215 111 Festival Wy, Sherwood Park, photo 2
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Condo
$355,000
4methe deep dive
#215 111 Festival Wy
Centre In The Park, Sherwood Park51 days on market
listed by RE/MAX Elite
22
#501 121 Festival Wy, Sherwood Park
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#501 121 Festival Wy, Sherwood Park, photo 7
#501 121 Festival Wy, Sherwood Park, photo 8
Condo
$357,900
4methe deep dive
#501 121 Festival Wy
Centre In The Park, Sherwood Park64 days on market
listed by MaxWell Devonshire Realty
12
#301 111 Festival WY, Sherwood Park
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#301 111 Festival WY, Sherwood Park, photo 8
Condo
$299,900
4methe deep dive
#301 111 Festival WY
Centre In The Park, Sherwood Park81 days on market
listed by Royal LePage Prestige Realty
12
1
790 sq ft
MLS® E4511466
1
855 sq ft
MLS® E4511101
1,082 sq ft
MLS® E4506896
883 sq ft
MLS® E4504988
769 sq ft
MLS® E4502059