About 404 501 Palisades Way
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!!
Features of 404 501 Palisades Way
| MLS® # | E4475796 |
|---|---|
| Price | $369,900 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,126 |
| Year Built | 2008 |
| Type | Condo / Townhouse |
| Sub-Type | Lowrise Apartment |
| Style | Single Level Apartment |
| Status | Active |
Community Information
| Address | 404 501 Palisades Way |
|---|---|
| Area | Sherwood Park |
| Subdivision | Centennial Village |
| City | Sherwood Park |
| County | ALBERTA |
| Province | AB |
| Postal Code | T8H 0H8 |
Amenities
| Amenities | Air Conditioner, Ceiling 9 ft., Detectors Smoke, Intercom, Parking-Visitor, Security Door, Sprinkler System-Fire |
|---|---|
| Parking Spaces | 2 |
| Parking | Stall, Underground |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | ensuite bathroom |
|---|---|
| Appliances | Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Stove-Electric, Washer, Window Coverings |
| Heating | Fan Coil, Natural Gas |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 1 |
| Has Basement | No |
| Basement | None,No Basement |
Exterior
| Exterior Features | Backs Onto Park/Trees, Landscaped, Low Maintenance Landscape, No Back Lane, No Through Road, Park/Reserve, Private Setting, Shopping Nearby |
|---|---|
| Roof | Asphalt Shingles |
| Construction | Wood, Brick, Stucco |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | March 4th, 2026 |
|---|---|
| Days on Market | 29 |
| Zoning | Zone 25 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Condo Fee | $728 |
Listing Details
| Office | Courtesy Of Jeff J Lorenz Of MaxWell Devonshire Realty |
|---|
