10948 75 Avenue NW Edmonton, Alberta T6G 0G9
$799,900
Rare opportunity to acquire a fully licensed, turn-key 7-bedroom, 7-bathroom lodging house in the premier neighborhood of McKernan, just steps from the University of Alberta. Operating under a valid Development Permit (DP), Building Permit (BP), and Business Licence (BL), this property offers a rare, fully legalized single-professional/student housing setup in one of Edmonton’s most high-demand rental corridors.Situated on a substantial 49.5’ x 130’ lot (approx. 600 sqm), this solid 2-storey home features a highly functional layout tailored for legalized shared accommodation, boasting 7 bedrooms and 7 full bathrooms (including 5 ensuites). Its unbeatable location is within easy walking distance to both the McKernan/Belgravia and U of A LRT stations, providing top-tier transit accessibility that ensures a consistent stream of tenant demand.The property offers outstanding operational reliability, with all major building systems meticulously upgraded over the years to ensure top-tier safety and structural peace of mind. Recent premium improvements feature a brand-new roof, interconnected smoke/CO detectors throughout, and newly upgraded basement egress windows with fresh window wells. Mechanically superior and carefully maintained, the home is further enhanced by vinyl windows, upgraded PEX plumbing lines, a 100-amp electrical service, and a newer furnace and hot water tank (2024).Representing an exceptional, high-yield cash cow generating approximately $5,000 CAD in total monthly gross rental income, this premium property offers stable, immediate revenue with zero deferred maintenance. Combined with significant underlying land value and future high-density redevelopment potential, it is a bulletproof investment in a prime inner-city location. (id:57810)
Property Details
| MLS® Number | A2314975 |
| Property Type | Single Family |
| Community Name | McKernan |
| Amenities Near By | Schools, Shopping |
| Features | See Remarks, Other, Back Lane, Pvc Window, No Animal Home, No Smoking Home, Level |
| Parking Space Total | 4 |
| Plan | 276hw |
| Structure | None |
Building
| Bathroom Total | 7 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Appliances | Dishwasher, Stove |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1953 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Hardwood, Tile, Vinyl Plank |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,612 Sqft |
| Total Finished Area | 1612.33 Sqft |
| Type | House |
Parking
| Detached Garage | 1 |
Land
| Acreage | No |
| Fence Type | Partially Fenced |
| Land Amenities | Schools, Shopping |
| Size Frontage | 15.1 M |
| Size Irregular | 598.29 |
| Size Total | 598.29 M2|4,051 - 7,250 Sqft |
| Size Total Text | 598.29 M2|4,051 - 7,250 Sqft |
| Zoning Description | Rs |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 12.08 Ft x 23.25 Ft | ||
| Second Level | Bedroom | 18.75 Ft x 8.38 Ft | ||
| Second Level | Bedroom | 8.92 Ft x 7.75 Ft | ||
| Second Level | 3pc Bathroom | 5.33 Ft x 6.00 Ft | ||
| Second Level | 3pc Bathroom | 5.33 Ft x 6.00 Ft | ||
| Second Level | 3pc Bathroom | 8.92 Ft x 4.00 Ft | ||
| Basement | Bedroom | 11.50 Ft x 21.75 Ft | ||
| Basement | 3pc Bathroom | 6.33 Ft x 7.42 Ft | ||
| Basement | Bedroom | 12.00 Ft x 15.00 Ft | ||
| Basement | 3pc Bathroom | 10.83 Ft x 6.33 Ft | ||
| Main Level | Bedroom | 12.08 Ft x 23.25 Ft | ||
| Main Level | 3pc Bathroom | 4.08 Ft x 10.58 Ft | ||
| Main Level | Bedroom | 9.50 Ft x 11.83 Ft | ||
| Main Level | 3pc Bathroom | 7.00 Ft x 6.50 Ft |
https://www.realtor.ca/real-estate/29830193/10948-75-avenue-nw-edmonton-mckernan
Contact Us
Contact us for more information
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 31 2026 03:47:16
Calgary Real Estate Board
First Place Realty