Sherwood Park Condos for Sale

What kind of place Sherwood Park is

Sherwood Park is not a city or a town. It is the urban part of Strathcona County, which became a specialized municipality on January 1, 1996. The County also takes in a large rural area with smaller hamlets, and Strathcona County Council governs all of it. For provincial programs and grants, Sherwood Park and the urban service area around it count as the equivalent of a city, but its bylaws, services and property tax come from the County.

The community began in 1953, when the Municipal District of Strathcona approved a residential development east of Edmonton called Campbelltown. Model homes opened to the public in 1955, and in 1956 the name changed to Sherwood Park because Canada Post would not accept Campbelltown, a name other Canadian communities already used.

Condos in a detached-house county

Detached houses make up the large majority of homes in Strathcona County, both in the 2021 census and in the County's 2020 housing needs assessment. Apartment and townhouse condos are a smaller slice of the local market, so the choice at any given time can be limited and a well-kept building may not come up for sale often.

When you compare listings, look past the unit itself. Building age, parking, how the complex is maintained and the health of the reserve fund will shape your costs for years, and they vary from one complex to the next.

Commuting into Edmonton

Strathcona County Transit runs commuter buses from two hubs, Bethel Transit Terminal and Ordze Transit Centre, to downtown Edmonton, MacEwan University, Government Centre, NAIT and the University of Alberta. Sherwood Park has no LRT station of its own; route 415 runs from Bethel to NAIT by way of Belvedere station on the Capital Line.

If you plan to commute by bus, check which hub is closest to the building and whether its routes run at the hours you need before you settle on a location.

Everyday life and buyer checks

Millennium Place, a large County recreation centre, and Festival Place, a theatre that stages professional performances through the year, are both in Sherwood Park.

Property tax on a Sherwood Park condo is set by Strathcona County Council, which sets its own rate separate from Edmonton's. Alberta has no land transfer tax; buyers pay provincial land titles fees on the transfer and the mortgage instead. Before you commit, ask the condo corporation for its bylaws, budget, financial statements and meeting minutes, which it must supply within 10 days of a written request, and review its latest reserve fund study, which Alberta requires at least every five years.