Centre In The Park, Sherwood Park · MLS® E4509077
222
1,358 sq ft · Condo · Single Family · built 2007 · 37 days on market
listed by Morgan Rice, Royal LePage Prestige Realty
Live the lifestyle you’ve been looking for in the highly sought-after Centre in the Park! Ideally located just steps from shopping, scenic walking trails, dining, entertainment and everyday amenities, this top-floor condo offers effortless living in a wonderful 18+ building. Inside, natural light pours into the spacious living room with gas fireplace and highlighted by soaring vaulted ceilings. The large kitchen offers plenty of workspace and storage, while the generous dining area is perfect for hosting or enjoying a quiet meal at home. The primary bedroom features balcony access and a 3-piece ensuite, while the spacious second bedroom also enjoys the balcony access. A 4-piece main bath and convenient laundry room complete the thoughtfully designed layout. Enjoy outdoor living with TWO private decks, plus the added convenience of TWO titled underground parking stalls and a storage locker. A fantastic opportunity to embrace a connected, low-maintenance lifestyle in the heart of it all!
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $2,527 · strata $1,057 · 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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$444,000
2026 assessment · market value as of July 1, 2025
From Strathcona County open data (property tax assessment), matched to 502, 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 $3,231 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 91/100 · 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.
nothing comparable on the market right now.