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404 501 Palisades Way
Centennial Village Sherwood Park T8H 0H8

$369,900
Condo beds: 2 baths: 2.0 1,126 sq. ft. built: 2008

Main Photo: 404 501 Palisades Way: Sherwood Park Condo for sale : MLS®# E4475796
Photo 1: 404 501 Palisades Way: Sherwood Park Condo for sale : MLS®# E4475796
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Status:
Active
Prop. Type:
Condo
MLS® Num:
E4475796
Bedrooms:
2
Bathrooms:
2
Year Built:
2008
* Sold date and price are as reported on the RAE’s MLS® system
Welcome to The Palisades, a well-managed 18+ concrete and steel building backing onto a peaceful, treed ravine in Sherwood Park. This bright northeast corner unit offers 2 bdrms, 2 full baths, and 2 private balconies—a massive north-facing balcony plus a 2nd northeast-facing space to enjoy the tranquil setting. The open-concept layout features a spacious kitchen w/ ample cabinetry, a generous dining area, and a sun-filled living room surrounded by windows. The primary bedroom includes a walk-through closet & a 3-piece ensuite, while the 2nd bedroom is conveniently located next to the main 4-piece bath. Additional highlights include in-suite laundry w/ oversized storage, a recently updated heating unit, heated underground parking w/ an attached storage unit, plus a second covered surface stall with plug-in. Residents also enjoy access to an exceptional fitness facility within the building, along with a beautiful social room located in the adjacent building, both included as part of the condo fees!!
Property Type:
Condo
Dwelling Type:
Apartment
Home Style:
Single Level Apartment
Total Floor Area:
1,125.59 sq. ft.
Price Per SqFt:
$328.63
Total area main level.:
1,125.59 sq. ft.
Total area above grade.:
1,126 sq. ft.
Taxes:
Elevator:
Yes
Grade Level Entry:
Yes
Stories Total:
4
Levels:
1
Floor Location:
Top
Floor Number:
4
Balcony/Terrace:
Yes
Unit Exposure:
Northeast
Exposure / Faces:
North
Year built:
2008 (Age: 18)
Bedrooms:
2 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Total Rooms Above Grade:
6
Plan:
0829017
Building Type:
Lowrise Apartment
Complex / Subdivision:
Palisades On The Ravine
Construction:
Wood, Brick, Stucco
Foundation:
Concrete Perimeter
Basement:
None, No Basement
Basement Development:
No Basement
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Ceramic Tile
Heating:
Fan Coil, Natural Gas
Parking:
Stall, Underground
Enclosed Parking:
1
Total Parking Spaces:
2
Parking Plan:
0829017
Parking Plan Type:
Titled
Parking Unit:
130 & 171
Garage:
No
Ensuite:
Yes
Air Conditioner, Ceiling 9 ft., Detectors Smoke, Intercom, Parking-Visitor, Security Door, Sprinkler System-Fire
Centennial Village
Backs Onto Park/Trees, Landscaped, Low Maintenance Landscape, No Back Lane, No Through Road, Park/Reserve, Private Setting, Shopping Nearby
Air Conditioner, Ceiling 9 ft., Detectors Smoke, Intercom, Parking-Visitor, Security Door, Sprinkler System-Fire
Backs Onto Park/Trees, Landscaped, Low Maintenance Landscape, No Back Lane, No Through Road, Park/Reserve, Private Setting, Shopping Nearby
ensuite bathroom
Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, Window Coverings
18
Adult Living, Pets Subject to Board App
Private
Floor
Type
Size
Other
Main
Living Room
15'8" × 11'4"
-
Main
Dining Room
12'10" × 9'11"
-
Main
Kitchen
12'11" × 9'
-
Main
Master Bedroom
19'7¼" × 10'8"
-
Main
Bedroom 2
13'11" × 12'
-
Main
Laundry Room
8'1" × 7'10"
-
Floor
Ensuite
Pieces
Other
Main
-
3
Main
-
4
Condo Fee:
727.8
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 Fee Pay. Schedule:
Monthly
Reserve Fund Study:
Yes
Association Fee Frequency:
Association Fee Amount:
Seller Rights Reserved:
No
Property Management Phone:
780-665-5350
Property Management Company:
Blueprint Property Management
Zone:
Zone 25
Zoning:
Zone 25
Title to Land:
Fee Simple
Road Access:
Paved
LINC Number:
0033569444
Titled Storage:
No
Days On Website:
2 day(s)
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Courtesy of Jeff J Lorenz of MaxWell Devonshire Realty
Data was last updated March 6, 2026 at 03:30 PM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$345,000
Min list price:
$169,900
Max list price:
$825,542
Avg days in system:
24
Min days in system:
1
Max days in system:
168
Avg price per sq.ft.:
$316.81
These statistics are generated based on the current listing's property type and located in Sherwood Park. Average values are derived using median calculations. This data is not produced by The Association's MLS® System.
Data last updated on March 6, 2026 at 03:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.