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CAABEdmontonMckernan10948 75 Ave Nw
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10948 75 Ave Nw, Edmonton, AB

House

For Sale

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774

MLS® A2314975

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1612 sqft
Garage Yes
Taxes $5,814
Days Active 2
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. (id:58753)Show Description
MLS® NumberA2314975
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1953
BasementFinished, Full
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Master Bedroom:Second FloorNot available
Other:BasementNot available
Bedroom 1:BasementNot available

Price History

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  • Commute

Commute

Starting Address
Destination Address
10948 75 Ave Nw, Edmonton, AB

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