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Courtesy of RE/MAX River City.
Data was last updated 2025-06-25 at 20:18:11 GMT
$489,000

162 GEORGIAN Way   Sherwood Park, Alberta

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MLS®: E4456286
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Back on the market due to buyer Financing. INVESTMENT OPPORTUNITY! Gem of a rental with LEGAL Basement Suite and Double Detached garage in the heart of Sherwood Park. Long term tenants (both 4+ years and counting) to be assumed by buyer with leases expiring in May and June of 2026. Upstairs pays $1635/mth, downstairs pays $1225/mth plus another $200 for exclusive use of the garage. All major construction items are in proper working order without any deferred maintenance. This property is "plug and play". Professional Property Manager also willing to stay in place for ease and continuity. Upstairs is a unique layout with 2 huge bedrooms and an open concept living space. Two of the bedrooms have been combined (wall removed) to make a larger one. Common space towards the back door and down to the laundry and utility room. Basement suite is 1 bedroom, roughly 500 square feet, with electric heat and HRV ventilation. This is an easy and efficient investment for both new or seasoned investors, Act Now!
Back on the market due to buyer Financing. INVESTMENT OPPORTUNITY! Gem of a rental with LEGAL Basement Suite and Double Detached garage in the heart of Sherwood Park. Long term tenants (both 4+ years and counting) to be assumed by buyer with leases expiring in May and June of 2026. Upstairs pays $1635/mth, downstairs pays $1225/mth plus another $200 for exclusive use of the garage. All major construction items are in proper working order without any deferred maintenance. This property is "plug and play". Professional Property Manager also willing to stay in place for ease and continuity. Upstairs is a unique layout with 2 huge bedrooms and an open concept living space. Two of the bedrooms have been combined (wall removed) to make a larger one. Common space towards the back door and down to the laundry and utility room. Basement suite is 1 bedroom, roughly 500 square feet, with electric heat and HRV ventilation. This is an easy and efficient investment for both new or seasoned investors, Act Now!

Listing Information

Prop. Type:
Detached Single Family
Property Style:
Bungalow
Status:
Active
City:
Sherwood Park
MLS® Number:
E4456286
Bedrooms:
3
Neighbourhood:
Glen Allan
Area:
Edmonton
Province:
Alberta
Listing Price:
$489,000

General Information

Year Built:
1972
Total Square Feet:
995ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Double Garage Detached

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This property is listed by RE/MAX River City and provided here courtesy of Ayaaz Kassam. For more information or to schedule a viewing please contact Ayaaz Kassam.
Ayaaz Kassam
Sterling Real Estate
Phone: 780-474-1035
Mobile Phone: 780-231-9000
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
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