162 Georgian Wy, Sherwood Park, Alberta

$489,000

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3

Beds

2

Baths

995

Square feet

About 162 Georgian Wy

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! (id:6289)

Features of 162 Georgian Wy

Listing # E4456286
Price $489,000
Bedrooms 3
Bathrooms 2.00
Square Footage 995
Year Built 1972
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 162 Georgian Wy
Subdivision Glen Allan
City Sherwood Park
Province Alberta
Postal Code T8A2W6

Amenities

Amenities Playground, Public Transit, Schools
Features No back lane, No Animal Home, No Smoking Home
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Microwave Range Hood Combo, Washer, Refrigerator, Two stoves, Dishwasher
Heating Baseboard heaters, Forced air
Fireplace No
# of Stories 1
Has Basement Yes
Basement Suite

Listing Details

OfficeRE/MAX River City

Listing Map

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Listing information last updated on October 29th, 2025 at 3:16am PDT.