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Listing Details

For more information on this listing or other please contact me.

Courtesy of Mozaic Realty Group.
Data was last updated 2025-06-25 at 20:18:11 GMT

10948 75 Avenue   Edmonton, Alberta

$799,900
MLS®: E4493530
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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.

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.

Listing Information

Prop. Type:
Detached Single Family
Property Style:
2 Storey
Status:
Active
City:
Edmonton
MLS® Number:
E4493530
Bedrooms:
7
Neighbourhood:
McKernan
Area:
Edmonton
Province:
Alberta
Listing Price:
$799,900

General Information

Year Built:
1953
Total Square Feet:
1615ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Single Garage Detached

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This property is listed by Mozaic Realty Group and provided here courtesy of Jeff Tidswell. For more information or to schedule a viewing please contact Jeff Tidswell.
Jeff Tidswell
Royal Lepage Noralta Real Estate
Phone: 780-431-5600
Mobile Phone: 780-975-3211
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.