Northlands Park is similar to Stampede Park. Not sure how big this event is, if you can park on the grounds, go for it and then just sit it out when everyone takes off.
As for residential places to park, no idea, as the times went up to watch the Flames decimate the Oilers, we park in the arena lot, or, took a cab. Some fairly major roads surround the area, and really had no desire to explore any more of Edmonton then we had to, to find a spot.
PS. Take the hubcaps off the car and remove anything larger then dimes or quarters out of view.
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