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404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

Courtesy of Jeff J Lorenz of MaxWell Devonshire Realty

MLS® # E4452444

Condo For Sale In Centennial, Sherwood Park, Alberta

$379,900 QuickQuote^TM: $343K - $435K

2 Beds

2 Baths

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404 501 Palisades Way, Sherwood Park, AB - Outdoor With View

404 501 Palisades Way, Sherwood Park, AB - Indoor Photo Showing Other Room

404 501 Palisades Way, Sherwood Park, AB - Indoor Photo Showing Kitchen

404 501 Palisades Way, Sherwood Park, AB - Indoor Photo Showing Kitchen With Double Sink

404 501 Palisades Way, Sherwood Park, AB - Indoor

404 501 Palisades Way, Sherwood Park, AB - Indoor Photo Showing Bathroom

404 501 Palisades Way, Sherwood Park, AB - Indoor Photo Showing Laundry Room

404 501 Palisades Way, Sherwood Park, AB - With Exterior

404 501 Palisades Way, Sherwood Park, AB - Outdoor With Exterior

404 501 Palisades Way, Sherwood Park, AB - Outdoor With View With Exterior

404 501 Palisades Way, Sherwood Park, AB - Indoor Photo Showing Garage

404 501 Palisades Way, Sherwood Park, AB - Outdoor

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404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

$379,900

2 Beds

2 Baths

Property Information:

Welcome to The Palisades – a well-managed 18+ building backing onto a peaceful treed ravine in Sherwood Park. This bright northeast corner unit offers 2 bedrooms, 2 full bathrooms, and TWO private balconies – one massive north-facing and one smaller northeast-facing for extra outdoor space. The open-concept layout features a spacious kitchen with ample cabinetry, a large dining area, and a sunlit living room surrounded by windows. The primary bedroom includes a walk-through closet and 3-pc ensuite; the second bedroom sits next to the main 4-pc bath. Extras include in-suite laundry with oversized storage, underground heated parking with attached storage unit, and a second covered surface stall with plug-in. Also note that this is a Concrete & Steel building which is a rarity in Sherwood Park! Steps from Emerald Hills shopping, trails, and amenities. A rare find offering space, privacy, and convenience!!

Building Features:

Air Conditioning: Yes
Floor Space: 104.57

Property Features:

Bedrooms: 2
Bathrooms: 2
Amenities Features: Air Conditioner, Ceiling 9 ft., Detectors Smoke, Intercom, Parking-Visitor, Security Door, Sprinkler System-Fire
Appliances: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, Window Coverings
Architectural Style: Single Level Apartment
Basement: None, No Basement
Basement Development: No Basement
Basement Type: None
Building Type: Lowrise Apartment
Built in: 2008
Community Features: Air Conditioner, Ceiling 9 ft., Detectors Smoke, Intercom, Parking-Visitor, Security Door, Sprinkler System-Fire
Condo Fee Includes: Amenities w/Condo, Heat, Insur. for Common Areas, Janitorial Common Areas, Landscape/Snow Removal, Parking, Professional Management, Reserve Fund Contribution, Utilities Common Areas, Water/Sewer, Land/Snow Removal Common
Condo Fees: $727 Monthly
Exterior Features: Backs Onto Park/Trees, Landscaped, Low Maintenance Landscape, No Back Lane, No Through Road, Park/Reserve, Private Setting, Shopping Nearby
Floor Space (approx): 104.57 Square Metres
Flooring: Carpet, Ceramic Tile
Foundation Details: Concrete Perimeter
Heating: Fan Coil, Natural Gas
Parking Features: Stall, Underground
Road Access: Paved
Roof: Asphalt Shingles
Site Influences: Backs Onto Park/Trees, Landscaped, Low Maintenance Landscape, No Back Lane, No Through Road, Park/Reserve, Private Setting, Shopping Nearby
Zoning: Zone 25
No. of Parking Spaces: 2

Courtesy of: MaxWell Devonshire Realty

Data was last updated 2025-11-26 at 19:13

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

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Notes:

QuickQuote^TM

Approximate value for 2 bed, 2 bath condo in this area is:

List Price
below Estimate List Price
above Estimate

$379,900

List Price

$343,430

$434,606

Low Estimate

High Estimate

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Market Price Trends

All Properties

4.06%

Price change (1 year)

28.77%

Price change (5 years)

Location of 404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, 404 501 Palisades Way , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past

28.5℃

2050

32.1℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

22/100

Moderate-Low

ClimateCheck®

Current data

This property, 404 501 Palisades Way , experiences 10 significant 2-day storms per year, with about 194.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 210.7mm of precipitation per year.

Precipitation Per Storm

Past

194.2mm

2050

210.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$173,717.93

Average Number of Children

1.89

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.61 %

High school certificate or equivalent

24.21 %

Apprenticeship trade certificate/diploma

9.42 %

College/non-university certificate

23.99 %

University certificate (below bachelor)

1.24 %

University Degree

30.54 %

Commuter

Travel To Work

By Car

93.12 %

By Public Transit

2.83 %

By Walking

1.49 %

By Bicycle

0.0 %

By Other Methods

2.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.93 %

Houses

95.07 %

Own Vs. Rent

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404 501 Palisades Way, Sherwood Park, AB, T8H 0H8 $379,900 MLS® # E4452444

Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

404 501 Palisades Way, Sherwood Park, AB, T8H 0H8

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing