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Courtesy of Tyler J Suchan of RE/MAX River City

162 GEORGIAN Way
Glen Allan Sherwood Park T8A 2W6

$489,000
Single Family beds: 3 baths: 2.0 995 sq. ft. built: 1972

Main Photo: 162 GEORGIAN Way: Sherwood Park House for sale : MLS®# E4456286
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
E4456286
Bedrooms:
3
Bathrooms:
2
Year Built:
1972
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!
Property Type:
Single Family
Dwelling Type:
Detached Single Family
Home Style:
Bungalow
Total Floor Area:
995.02 sq. ft.
Price Per SqFt:
$491.45
Total area above grade.:
995 sq. ft.
Secondary Suite:
Yes
2nd Suite Permit By Seller:
Yes
Lot Shape:
Rectangular
Grade Level Entry:
Yes
Levels:
2
Exposure / Faces:
West
Year built:
1972 (Age: 53)
Bedrooms:
3 (Above Grd: 2)
Bathrooms:
2.0 (Full:2/Half:0)
Total Rooms Above Grade:
5
Plan:
5911RS
Building Type:
Detached Single Family
Construction:
Wood, Vinyl
Foundation:
Concrete Perimeter
Basement:
Full, Finished
Basement Development:
Fully Finished
Roof:
Asphalt Shingles
Floor Finish:
Carpet, Laminate Flooring, Vinyl Plank
Heating:
Baseboard, Forced Air-1, Electric, Natural Gas
Parking:
Double Garage Detached
Garage:
Yes
Ensuite:
No
Front Porch, Hot Water Natural Gas, No Animal Home, No Smoking Home, Parking-Extra
Glen Allan
No Back Lane, Playground Nearby, Public Transportation, Schools
Front Porch, Hot Water Natural Gas, No Animal Home, No Smoking Home, Parking-Extra
No Back Lane, Playground Nearby, Public Transportation, Schools
Dryer, Microwave Hood Fan, Washer, Refrigerators-Two, Stoves-Two, Dishwasher-Two
Utility Right Of Way, Encroachment
Private
Floor
Type
Size
Other
Main
Living Room
Measurements not available
-
Main
Dining Room
Measurements not available
-
Main
Kitchen
Measurements not available
-
Main
Master Bedroom
38'8" × 37'4¾"
-
Main
Bedroom 2
64'4" × 26'2"
-
Basement
Bedroom 3
41' × 38'4¾"
-
Floor
Ensuite
Pieces
Other
Main
-
4
Basement
-
4
Seller Rights Reserved:
No
Zone:
Zone 25
Zoning:
Zone 25
Title to Land:
Fee Simple
Legal Lot:
5
Road Access:
Paved Driveway to House
LINC Number:
0012661253
Days On Website:
2 day(s)
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Data was last updated September 7, 2025 at 07:30 PM (UTC)
Area Statistics
Listings on market:
162
Avg list price:
$549,900
Min list price:
$344,999
Max list price:
$1,950,000
Avg days in system:
30
Min days in system:
1
Max days in system:
181
Avg price per sq.ft.:
$334.87
These statistics are generated based on the current listing's property type and located in Sherwood Park. Average values are derived using median calculations. This data is not produced by the MLS® system.
TYLER SUCHAN
Data last updated on September 7, 2025 at 07:30 PM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.