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.92.4 m2
Price Per SqFt:
$491.45
Total area above grade.:
995 sq. ft.92.44 m2
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
Data was last updated September 12, 2025 at 05:30 PM (UTC)
Area Statistics
Listings on market:
156
Avg list price:
$567,450
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:
186
Avg price per sq.ft.:
$335.01
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.
Data last updated on September 12, 2025 at 05:30 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.