Does this trail actually exist? I don't see it when I walk around the neighbourhood.

Palomino Club has been demolished.
Condos under construction

The place has gone or never existed. This is an auto-generated note from MAPS.ME application: a user reports a POI that is visible on a map (which can be outdated), but cannot be found on the ground. (OSM data version: 2016-03-14T15:50:02Z) #mapsme

Sears and Kal Tire are sadly gone.

Also, building directly NNE is Edmonton Public Library, Bonnie Doon branch.

102 Ave. will close for an extended period for construction, starting Jan. 8. See https://edmonton.ctvnews.ca/section-of-102-ave-to-close-for-two-years-starting-jan-8-1.3744679

Also, maxspeed seems wrong here.