4 Days Ago
Location
500 Palisades Way, Sherwood Park, AB T8H 0H7, CAN
Contact
RE/MAX Rental Advisors
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Amenities for 500 Palisades Way
Apartment Amenities
| Air Conditioning | Balcony |
| Beautiful Kitchen Cabinetry | Hardwood Floor |
| Quartz Countertops | Utilities Included |
| Vinyl Plank Floors | Window Coverings |
Appliances
| Dishwasher | In-Unit Laundry |
| Stove |
Building
| Fitness Center | Gym |
| No Smoking Allowed | Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space | Party Room |
| Storage | Swimming Pool |
Neighborhood
| Public Transit | Shopping Nearby |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
No pets allowed.
Parking
| Assigned Parking | Contact for Price |
|---|
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About 500 Palisades Way
***18+ Only Condo*** ***Pets Not Allowed*** ***No smoking building*** This stunning adult-only 2-bedroom plus den, 2-bathroom condo offers approx. 1,030 sq. ft. of stylish living space on the third floor of the highly sought-after Palisades on the Ravine complex. Enjoy the convenience of two titled parking stalls—one underground and one covered surface stall, conveniently located next to the building entrance. The unit also includes both a storage cage and a rare, titled storage room (96 sq. ft.) located just steps from your door—an exceptional bonus! Constructed with solid concrete for enhanced soundproofing and durability, this suite boasts fresh paint, updated light fixtures, and new luxury vinyl plank flooring throughout. The modern kitchen features stainless steel appliances, an induction stove, new quartz countertops, and a spacious pantry. Relax or entertain on your south-facing balcony with a natural gas line for BBQ and serene park-like views. Additional features include in-suite laundry, central air conditioning, and access to the building's fitness facility, and party room. Perfectly located with easy access to public transit, walking trails, the Anthony Henday, and the shops of Emerald Hills, this home blends comfort, style, and convenience in one of Sherwood Park's most desirable communities. Unit Features: • Square Feet: Approx. 1030.22 • Bedrooms: 2 + den • Baths: 2 • Year Built: 2009 • Rent: $1,995.00 • Security Deposit: $1,995.00 • Titled same floor Storage - 96 Sq. Ft. Pets Allowed: No Utilities Included: Heat & Water Age Restrictions: 18+ Interior Amenities: • Vinyl Plant and Hardwood Flooring • South-facing Balcony • A/C • Window Coverings • In-suite Laundry • Quartz Countertops • Blackout blinds in the bedrooms (ideal for shift workers Building Amenities: • Gym & Party room • Visitor Parking • Concrete structure (muffles noise out) • Very neat and well-maintained building ***CREDIT MUST BE IN GOOD STANDING TO BE CONSIDERED FOR THIS PROPERTY*** AVAILABLE: Immediately **Please Note: Additional Condominium Corporation Move-in/out fees may apply Showings can be booked 24/7 with our automated scheduling calendar. Please call (587) 813-0209 to book now This property is professionally managed by RE/MAX Rental Advisors If you would like additional information, please CALL, or TEXT our office at (780) 757-3700 For more rental properties, please visit our website or copy the below link and paste it into a new tab https www rentaladvisors ca - Heat - Water
Address details
| Post code | T8H 0H7 |
|---|---|
| Type | Condo for rent |
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Rent trends in Sherwood Park
2-bedroom apartments at 500 Palisades Way cost about 1% more than the average rent price for 2-bedroom apartments in Sherwood Park.
Median rents as of Oct 11 2025.
Sherwood Park
| Month | Median Rent |
|---|---|
| October 2023 | $1,672 |
| November 2023 | $1,687 |
| December 2023 | $1,685 |
| January 2024 | $1,892 |
| February 2024 | $1,895 |
| March 2024 | $1,899 |
| April 2024 | $1,897 |
| May 2024 | $1,895 |
| June 2024 | $1,863 |
| July 2024 | $1,850 |
| August 2024 | $1,895 |
| September 2024 | $1,904 |
| October 2024 | $1,897 |
| November 2024 | $1,905 |
| December 2024 | $1,961 |
| January 2025 | $1,997 |
| February 2025 | $1,898 |
| March 2025 | $1,904 |
| April 2025 | $1,898 |
| May 2025 | $1,977 |
| June 2025 | $2,091 |
| July 2025 | $2,117 |
| August 2025 | $2,021 |
| September 2025 | $1,959 |
| October 2025 | $1,949 |
Affordability calculator
Can I afford to live at 500 Palisades Way?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$79,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 2-bedrooms monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.
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Internet available near 500 Palisades Way
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Sherwood Park near 500 Palisades Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 500 Palisades Way, Sherwood Park
Groceries
3/10
The nearest general grocery store is within a 20-to-30 minute walk.
Shopping
4/10
Some fashion stores are within walking distance.
Cafes
6/10
The closest café is within a 5-minute walk, and there are a few other cafés within walking distance.
Restaurants
4/10
Some restaurants are within walking distance.
Primary schools
2/10
The closest elementary school is within a 20-to-30-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Nightlife
1/10
No bars are within walking distance.
Explore the area around 500 Palisades Way
BulkBarn
5000 Emerald Dr
Costco Wholesale
2201 Broadmoor Blvd
Save-on-Foods
4005 Clover Bar Rd
Real Canadian Superstore
410 Baseline Rd
Real Canadian Superstore Pharmacy
410 Baseline Rd
Running Room
2000 Premier Way
Bellissima
2257 Premier Way
la Vie en Rose
5000 Emerald Dr
Old Navy
5000 Emerald Dr
Penningtons
5000 Emerald Dr
Tim Hortons
101 Palisades Way
Jugo Juice
3850 Sherwood Dr
Starbucks
300 Amberley Way
Cheestix Cafe
501 Bethel Dr
Second Cup
2000 Premier Way
Sumo Sumo Sushi Bar & Grill
220 Lakeland Dr
The Canadian Brewhouse
270 Baseline Rd
Boston Pizza
11 Broadway Blvd
JOEY Restaurants
222 Baseline Rd
Local Public Eatery
222 Baseline Rd
Healthworks Nutrition Centre
2693 Broadmoor Blvd
Xtremeline Supplements
2833 Broadmoor Blvd
Confetti Sweets Inc
41 Broadway Blvd
Hey Cupcake Bakery Inc
270 Baseline Rd
Sweet Creations By Johnlory
270 Baseline Rd
Park
Park
Park
Park
Park
Tim Hortons
101 Palisades Way
Oodle Noodle
3890 Sherwood Dr
Bleu Flames
3880 Sherwood Dr
Jugo Juice
3850 Sherwood Dr
Nitza's Pizza Ltd
300 Amberley Way
Sherwood Dr & Palisades Av
BETHEL - Emerald Hills
Sherwood Dr & Palisades Av
BETHEL - Emerald Hills, BETHEL - Millennium Place
Lakeland Dr & Sherwood Dr
BETHEL - Summerwood
Sherwood Dr & Abbey Rd
BETHEL - Emerald Hills
Lakeland Dr & Axbridge Gate
BETHEL - Summerwood, BETHEL - Millennium Place
Clareview Station
Capital Line, Capital Line
Belvedere Station
Capital Line
Belvedere Station
Capital Line
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