Condo
$299,999
#301 121 Festival Wy
Centre In The Park, Sherwood Park11 days on market
listed by Royal LePage Prestige Realty
MLS® E4512851
#501 121 Festival Wy
$357,900
#501 121 Festival Wy
Centre In The Park, Sherwood Park · MLS® E4504988
12
883 sq ft · Condo · Single Family · built 2007 · 64 days on market
listed by Dean Zaharichuk, MaxWell Devonshire Realty
realtor's description
SIMPLIFY YOUR LIFESTYLE... IMPRESSIVE 5th Floor- PENTHOUSE 1 Bedroom + Den/Bedroom +2 Bathroom Condo in Centre of the Park w/Great Walking Trails! EXTENSIVE 65K in UPGRADES By Homes By Santos! The Kitchen features Quartz Countertops, Backsplash, Loads of Cabinets & Counter Space, Under Cabinet Lighting & a Huge Eating Bar. The Living rm boasts a 14ft Ceiling, Lots of Natural Light, an Electric 50 F/P & a 65 Samsung Frame TV. The Primary B/R offers Two Walk through Closets to the Elegant 4 pce Bathroom. The 2nd Bathroom includes the Front Closet & access to the Utility/Laundry rm. Enjoy the PRIVACY & VIEW from the Balcony (w/a Gas Line). RENOS: 2024-Carpet in Living rm/ Bedroom/Den; In 2022- Interior Paint, Vinyl Plank Flooring in Foyer/Kitchen/Bathroom/Utility rm, Interior Doors/Hardware, Quartz Countertops in the Kitchen/Bathrooms, Light Fixtures, Faucets/Toilets, Hunter Douglas Remote Blinds, Appliances featuring Oversized Fridge, Double Induction Oven, Dishwasher & Stacked Washer/Dryer!
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 2
- living area
- 883 sq ft
- parking
- 0
- year built
- 2007
- strata fee
- $624 / mo ($0.71 / sq ft)
- days on market
- 64
- MLS®
- E4504988
features
- Private setting
- See remarks
- Park/reserve
- No Smoking Home
- Public Swimming Pool
- Washer
monthly cost
$2,183/mo
Mortgage $1,559 · Strata $624
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
- −$1,022/mo
- cap rate
- 1.8%
- yearly net rent ÷ price
Costs: mortgage $1,559 · 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
location
Centre In The Park, Sherwood ParkGoogle Maps ↗
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