Home with vinyl exterior material, street for 162 GEORGIAN WY, Sherwood Park Alberta T8A2W6
8 days on Market

162 GEORGIAN WY, Sherwood Park, Alberta T8A2W6

Detached
2 + 1
2
~995 sqft
$489,000
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Detached
2 + 1
2
~995 sqft

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Highlights

Property Estimate

Days on market8 days

Estimated valueNot available

Price/Sqft$491/sqft

Monthly cost

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Description

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:39198)


Property Details

StyleHouse
View-
Age of property1972
SqFt~995 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberE4456286
Community NameSherwood Park
Data SourceCREA
Listing byRE/MAX River City

Features

Heating: Baseboard heaters, Forced air
Basement: Finished, Full, Suite

Main level Floor

Living room

Dining room

Kitchen

Primary Bedroom

11.8 x 11.4


Property History

Sep 5, 2025
ListedActive
$489,000
8 days on market
history photo preview24
Listing by crea®
Property listed by RE/MAX River City, Brokerage
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Market Data - Sherwood Park

Geo Zone Map ThumbnailSherwood Park

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

0 day

2023

0 day

2022

58 days

New Listings

Past 30 days

151 listings

Compared to

2024

157 listings

2023

58 listings

2022

0 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

1 unit

Median Sold Price

Past 30 days

$455,677

Compared to

2022

$525,000


Population and Demographics

Overview

Total population 70404
Average household income $152,310

Age (%)

0 to 19
25%
20 to 34
17%
35 to 49
21%
50 to 64
20%
65 and plus
18%

Household composition (%)

Single family
74%
Single person
22%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
Tagalog (Pilipino, Filipino)
2%
French
2%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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