10948 75 AV NW, Edmonton, AB T6G0G9
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10948 75 AV NW, Edmonton, AB T6G0G9
10948 75 AV NW, Edmonton, AB T6G0G9
10948 75 AV NW, Edmonton, AB T6G0G9
10948 75 AV NW, Edmonton, AB T6G0G9
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Elizabeth Chi

Elizabeth Chi

+1(778) 715-9988
$ 799,900
Est. payment /mo
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10948 75 AV NW Edmonton, AB T6G0G9

7 Beds

7 Baths

1,615 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1615

Square Footage 1,615 sqft

Price per Sqft $495

Subdivision Mckernan

MLS® Listing ID E4493530

Bedrooms 7

Year Built 1953

Lot Size 6,440 Sqft

Acres 0.14784563

Property Sub-Type Freehold

Property Description

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. (id:24570)

Location

State AB

Rooms

Kitchen 1.0

Extra Room 1 Basement Measurements not available Bedroom 6

Extra Room 2 Basement Measurements not available Additional bedroom

Extra Room 3 Main level Measurements not available Dining room

Extra Room 4 Main level Measurements not available Kitchen

Extra Room 5 Main level Measurements not available Bedroom 4

Extra Room 6 Main level Measurements not available Bedroom 5

Interior

Heating Forced air

Exterior

Parking Features Yes

Community Features Public Swimming Pool

View Y/N No

Attached Garage No

Garage Yes

Private Pool No

Building

Story 2

Others

Ownership Freehold

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Listed by Mozaic Realty Group

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Elizabeth Chi

Elizabeth Chi

+1(778) 715-9988

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10948 75 AV NW