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!
Data was last updated September 8, 2025 at 09:30 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:
182
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.
Data last updated on September 8, 2025 at 09:30 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.
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