About 10948 75 Av Nw
Rare opportunity to own a fully licensed 7-bedroom, 7-bathroom lodging house in sought-after McKernan, just steps from the University of Alberta. Operating with valid Development, Building, and Business permits, this turn-key property offers a rare legalized student/professional housing setup in one of Edmonton’s strongest rental markets. Situated on a 49.5' x 130' lot (approx. 600 sqm), the 2-storey home features 7 bedrooms, 7 full baths, including 5 ensuites. Walking distance to the U of A and McKernan/Belgravia LRT stations ensures consistent tenant demand. Major upgrades include a new roof with 15-year workmanship warranty, interconnected smoke/CO detectors, upgraded basement egress windows, vinyl windows, PEX plumbing, 100-amp service, newer furnace, and 2024 hot water tank. Generating approximately $5,000/month in gross rental income, this high-yield investment also offers significant future redevelopment potential.
MLS #E4507685 - Active - 10948 75 Av Nw in Edmonton, AB is a Residential Detached Single Family with roughly 1,558 sqft located in the subdivision of McKernan. Built in 1953, this 7 bedroom and 7 bathroom residential property has a lot size of 0.15 acres. This property is currently listed for $738,000. This Residential Detached Single Family comes with Forced Air-1, Natural Gas heating. The exterior features include Back Lane, Flat Site, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, Partially Fenced. The Interior features include ensuite bathroom. According to statistics, there are currently 7226 listings for sale in Edmonton. The average listing price is $527,021, with the highest listing price being $24,000,000. Enjoy your search for a new home. To request a showing, please contact one of our real estate agents.
Amenities
| Amenities |
Carbon Monoxide Detectors, Detectors Smoke
|
| Parking |
Single Garage Detached
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Interior Features |
ensuite bathroom
|
| Appliances |
Dishwasher-Built-In, Dryer, Refrigerator, Stove-Electric, Washer
|
| Heating |
Forced Air-1, Natural Gas
|
| Fireplace |
No
|
| Stories |
3
|
| Has Basement |
Yes
|
| Basement |
Full,Fully Finished
|
Exterior
| Exterior Features |
Back Lane, Flat Site, Public Swimming Pool, Public Transportation, Schools, Shopping Nearby, Partially Fenced
|
| Roof |
Asphalt Shingles
|
| Construction |
Wood, Vinyl
|
| Foundation |
Concrete Perimeter
|
Listing Details
| Office | Courtesy Of Chuxiong Miao Of Mozaic Realty Group |
|---|
