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Savona

71 Festival Way, Sherwood Park, AB T8A 4Z1

Centre In The Park
Year Built
2017
Floors
4
Building Type
Low-rise apartment

Market Overview

Avg Sold Price
$490,800
Median Sold
$522,500
Price Range
$345,000 – $700,000
Avg $/SqFt
$470.674
Sales (2yr)
10
Active Listings
1
Avg List Price
$379,026
Avg Days on Market
67

Last sale: Apr 30, 2026

Condo Fees

Avg Monthly Fee
$571.647
Median Fee
$560.98
Avg $/SqFt
$0.558
Units w/ Fee Data
11
Fee IncludesHeat, Water

Building Features

ExteriorWood, Brick, Composition
Amenitiesfitness centre, residents' lounge, car wash, 9 ft. ceilings
Building TypeLow-rise apartment
Floors4 storeys
Year Built2017

Policies

Pet PolicyNo pets allowed

Management

Management CompanyPivotal Property Management
Visit Website

About This Building

Savona, located at 71 Festival Way in the Centre In The Park community of Sherwood Park, is a four-storey low-rise apartment building completed in 2017. The building features a mix of wood, brick, and composition exterior finishes with underground parking. Recent sales have averaged around $491,000, with monthly condo fees averaging roughly $572. Residents enjoy amenities including a fitness centre, car wash, and residents' lounge. Before finalizing your purchase, it is prudent to have a real estate lawyer or professional review the reserve fund study, financial statements, board meeting minutes, bylaws, and insurance documentation to ensure full transparency about the building's financial health and governance.

Premium reviews include your choice of a 24-hour turnaround (within 24 hours of having all required condo documents) or a video call. General information, not legal advice.

The information provided on this website is for general reference only and should be independently verified. CondoShield does not guarantee the accuracy or completeness of any data, listings, or building details. Always consult official sources and qualified professionals before making real estate decisions.