9 Hours Ago
Location
501 Palisades Way, Sherwood Park, AB T8H 0H8, CAN
Contact
Ayre & Oxford Inc.
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Amenities for 501 Palisades Way
Apartment Amenities
| Air Conditioning | Balcony |
| Carpet | Hardwood Floor |
Appliances
| Dishwasher |
Building
| Onsite Laundry |
Grounds
| Garage Parking | Swimming Pool |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 501 Palisades Way
**Welcome to The Palisades – Adult Living (18+) in Sherwood Park**Nestled against a tranquil, tree-lined ravine, this well-managed adult (18+) building offers the perfect blend of comfort, privacy, and convenience. This spacious 1 Bedroom + Den unit features:- **Air Conditioning**- **In-Suite Laundry**- **Dishwasher**- **Hardwood Flooring**- **Large Walk-Though Closets**- **Cozy Carpeted Bedrooms**- **Private Balcony**Relax on your balcony with serene views overlooking **Centennial Park** — the ideal place to unwind with a coffee or enjoy the sunset. Residents of The Palisades enjoy access to excellent **amenities**, including:- A well-equipped **exercise room**- A **social room** in the 500 building, complete with **wet bar** and **pool table**Located just steps from **Emerald Hills shopping centre**, scenic walking trails, and other amenities, this home is truly a **rare find** offering space, peaceful surroundings, and unbeatable convenience. Call Paul 780-288-2518 to book a viewing**This building is professionally managed by Ayre & Oxford Inc.** ****ALL POSTED RENT AMOUNTS ARE SUBJECT TO CHANGE WITHOUT NOTICE****
Address details
| Post code | T8H 0H8 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Sherwood Park
1-bedroom apartments at 501 Palisades Way cost about 0% less than the average rent price for 1-bedroom apartments in Sherwood Park.
Median rents as of Oct 5 2025.
Sherwood Park
| Month | Median Rent |
|---|---|
| November 2023 | $1,412 |
| December 2023 | $1,441 |
| January 2024 | $1,490 |
| February 2024 | $1,490 |
| March 2024 | $1,496 |
| April 2024 | $1,515 |
| May 2024 | $1,458 |
| June 2024 | $1,494 |
| July 2024 | $1,515 |
| August 2024 | $1,542 |
| September 2024 | $1,511 |
| October 2024 | $1,538 |
| November 2024 | $1,529 |
| January 2025 | $1,658 |
| February 2025 | $1,628 |
| March 2025 | $1,593 |
| April 2025 | $1,587 |
| May 2025 | $1,577 |
| June 2025 | $1,767 |
| July 2025 | $1,798 |
| August 2025 | $1,737 |
| September 2025 | $1,665 |
| October 2025 | $1,657 |
Affordability calculator
Can I afford to live at 501 Palisades Way?
Bedrooms
1 bedroomRent-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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 1-bedroom monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
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Internet available near 501 Palisades Way
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Sherwood Park near 501 Palisades Way
Walking
4/10
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
5/10
Frequent public transit options are within walking distance.
Points of interest for 501 Palisades Way, Sherwood Park
Groceries
3/10
The nearest general grocery store is within a 20-to-30 minute walk.
Shopping
5/10
Some fashion stores are within walking distance.
Cafes
6/10
The closest café is within a 5-minute walk, and there are some other cafés within walking distance.
Restaurants
5/10
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
2/10
The closest bar is within a 20-minute walk, and there are a few other bars within walking distance.
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