About 404 501 Palisades Way
Top-floor northeast corner home in the concrete-and-steel 501 building at Palisades on the Ravine — and one of the larger 2-bed, 2-bath plans in the complex at over 1,125 sq ft. Two private balconies, a spacious north-facing space plus a northeast corner, look out to the treed ravine, while a wall of windows fills the open-concept living, dining and kitchen with natural light. The primary offers a walk-through closet and 3-pc ensuite; the second bedroom sits beside the main 4-pc bath. Central A/C, 9-ft ceilings, in-suite laundry with oversized storage, and a recently updated heating unit. Parking is a genuine standout — a heated underground stall with attached storage, plus a second covered surface stall with plug-in. Residents enjoy an on-site fitness facility and a social room in the adjacent building, all with a reasonable monthly condo fee. 18+ adult living, and the home is vacant with quick possession available.
Features of 404 501 Palisades Way
| MLS® # | E4475796 |
|---|---|
| Price | $329,900 |
| 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 Suite | No |
| Has Basement | No |
| Basement | None, No Basement |
Exterior
| Exterior | Wood, Brick, Stucco |
|---|---|
| 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 | 180 |
| Zoning | Zone 25 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Condo Fee | $728 |
Listing Details
| Office | Courtesy Of Jeff J Lorenz Of MaxWell Devonshire Realty |
|---|