10948 75 Ave Nw, Edmonton, AB

Name: 10948 75 Ave Nw, For Sale in Edmonton - Zoocasa
Brand: First Place Realty
SKU: A2314975
Price: 799900 CAD

House

For Sale

Listed price in listed location currency (CAD).

$799,900

774

MLS® A2314975

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 1612 sqft

Garage Yes

Taxes $5,814

Days Active 3

Lot Size

Approx. Age 1953

Avg. Price Per Sqft $496

MLS® Number A2314975

Property Address: 10948 75 Ave Nw, Edmonton, AB, T6G0G9

Average square foot calculated using Size range provided by listing agent.

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, 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.

MLS® NumberA2314975

Laundry LevelLower

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1953

BasementFull

DrivewaySingle Garage Detached

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

Last Sold Price

----

Appreciation

Avg. Days Listed

Today, For Sale for $799,900

For Sale · 3 days

$799,900

MLS® A2314975

3 days ago

Not Sold Yet

May 2026, For Sale for $799,900

For Sale · 3 days

$799,900

MLS® A2314975

3 days ago

Not Sold Yet

September 2025, Withdrawn for $649,900

Withdrawn · 5 days

$649,900

MLS® E4456247

9 months ago

Canceled on Sep 11, 2025

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