#301 501 PALISADES WY
MLS® Number: E4472617Lowrise Apartment

#301 501 PALISADES WY

Sherwood Park, AB T8H 0H8Surrounding Areas

$324,900Condo / Townhouse

Listing Agent: Sonia Tarabay

Brokerage: RE/MAX Elite

2Beds
2Baths
1,029.15Sq Ft
2008Year Built

Description

BACKING ON THE RAVINE! PRIME LOCATION for this large 2 BEDROOM + DEN condo! Adult living in a CONCRETE AND STEEL BUILDING. Open design offering 1028 square feet. Modern kitchen with rich cabinetry, appliances, island/bar, and an adjacent dining area. Spacious and bright living room with direct access to your large balcony. Enjoy the BEAUTIFUL TREED VIEW! Convenient in-suite laundry and a 4 piece bathroom. The Primary Bedroom offers a walk-through closet and a lovely 3 piece ensuite. Secured and HEATED UNDERGROUND TITLED PARKING with storage space. Condo fees include professional management, snow removal, grass cutting, and heat & water. Super close to awesome amenities such as Millennium Place, parks, various restaurants, shopping, transit, and more! Enjoy the best of condo living in one of the most popular communities in Sherwood Park. Welcome to Palisades on The Ravine! Visit REALTOR® website for information.

Property Overview

Property TypeCondo / Townhouse
Property Sub-TypeLowrise Apartment
Direction FacesNorth
OwnershipPrivate
ZoningZone 25
Architectural StyleSingle Level Apartment
Levels1
Stories5
Living Area1,029.15 sq ft
Year Built2008

Interior Details

Bedrooms2
Bathrooms2
Full Bathrooms2
AppliancesHood Fan, Refrigerator, Stacked Washer/Dryer, Stove-Electric, Window Coverings
BasementNone, No Basement

Exterior Details

Exterior FeaturesBacks Onto Park/Trees, Playground Nearby, Public Transportation, Shopping Nearby
RoofAsphalt Shingles
Construction MaterialsConcrete, Brick, Stucco
FoundationConcrete Perimeter

Parking

Parking FeaturesHeated, Stall, Underground
GarageNo

Heating & Utilities

HeatingFan Coil, Natural Gas

Community & Location

CommunitySurrounding Areas
MLS® AreaCentennial Village
Community FeaturesParking-Visitor, Security Door

Mortgage Calculator

$324,900
$64,980
5%
25 Years

Estimated Monthly Payment

$0/mo

Loan Amount

$259,920

Total Interest

$-259,920

*This estimate does not include property taxes, insurance, or heating costs.

Quick Tip: A higher down payment reduces your monthly cost and the total interest paid over the life of your mortgage. In Canada, down payments less than 20% usually require mortgage default insurance (CMHC).

Listing Information

MLS® NumberE4472617
List Date2/12/2026
Last Updated4/6/2026
Listing AgentSonia Tarabay
Listing OfficeRE/MAX Elite

Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.

Listing information last updated on April 5, 2026 at 7:16 p.m. MST.

Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

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Location & Nearby Amenities

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Map and amenities data are obtained from OpenStreetMap and not from the REALTORS® Association of Edmonton MLS® System.