Real estate on your terms®
$799,900
active
10948 75 Avenue Northwest
Edmonton
,
AB
T6G0G9
Key Details
- MLS® Number:
- A2314975
- Community:
- McKernan
- Building Type:
- House
- Interior Size:
- 1612 square feet
- Bedrooms:
- 7
- Parking:
- 4
- Parking Features:
- Detached Garage
- Lot Size:
- 598.29 square meters
Property Description
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 with 15 year workmanship warranty certificate, 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:53430)
Building
- Property Type:
- House
- Building Type:
- House
- Year Built:
- 1953
- Stories:
- 2.0
- Bedrooms:
- 7
- Bathrooms (total):
- 7.0
- Basement:
- Finished, Full
Finished Areas
- Interior Size (Total):
- 1612 square feet
- Above Grade:
- 1612 square feet
Interior
- Flooring:
- Tile, Hardwood, Vinyl Plank
- Appliances:
- Dishwasher, Stove
Parking
- Spaces:
- 4
- Features:
- Detached Garage
Lot / Land
- Lot Size:
- 598.29 square meters
- Frontage:
- 15.1 meters
- Lot Features:
- See remarks, Other, Back lane, PVC window, No Animal Home, No Smoking Home, Level
Exterior
- Exterior Features:
- Vinyl siding
- Construction:
- Wood frame
- Foundation:
- Poured Concrete
- Fencing:
- Partially fenced
Utilities & Mechanical
- Heating:
- Forced air
- Cooling:
- None
Fees & Dates
- Property Taxes:
- $5,814
- Tax Year:
- 2026
- Last Modified:
- 06/26/2026 08:30:07 PM
- Status Change:
- 06/26/2026 08:21:12 PM
Association / Ownership
- Common Interest:
- Freehold
Room Dimensions
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Second level | 23.25 Ft x 12.08 Ft |
| Bedroom | Second level | 8.38 Ft x 18.75 Ft |
| Bedroom | Second level | 7.75 Ft x 8.92 Ft |
| 3pc Bathroom | Second level | 6.00 Ft x 5.33 Ft |
| 3pc Bathroom | Second level | 6.00 Ft x 5.33 Ft |
| 3pc Bathroom | Second level | 4.00 Ft x 8.92 Ft |
| Bedroom | Main level | 23.25 Ft x 12.08 Ft |
| 3pc Bathroom | Main level | 10.58 Ft x 4.08 Ft |
| Bedroom | Main level | 11.83 Ft x 9.50 Ft |
| 3pc Bathroom | Main level | 6.50 Ft x 7.00 Ft |
| Bedroom | Basement | 21.75 Ft x 11.50 Ft |
| 3pc Bathroom | Basement | 7.42 Ft x 6.33 Ft |
| Bedroom | Basement | 15.00 Ft x 12.00 Ft |
| 3pc Bathroom | Basement | 6.33 Ft x 10.83 Ft |
Location
Data is supplied by Pillar 9 MLS® System. Pillar 9 is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9.
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. Used under license.
