10948 75 Avenue NW
Edmonton, Alberta
MLS® A2348518
$729,000
- Status
- Active
- Property type
- House
- MLS® number
- A2348518
- Bedrooms
- 7
- Bathrooms
- 7
- Year built
- 1953
1 / 13Listing description
Rare opportunity to acquire a turn-key 7-bedroom, 7-bathroom property with a legally permitted room-rental setup in McKernan. Operating under a valid Development Permit(DP)/Building Permit(BP), and Business Licence, the property offers a fully permitted room-rental configuration well suited to professional and student tenants. Conveniently located within walking distance of the McKernan/Belgravia LRT station, providing easy transit access to the University of Alberta and other major destinations.
Situated on a substantial 49. 5’ x 130’ lot (approximately 600 sqm), this solid 2-storey home features a functional layout designed for shared accommodation, with 7 bedrooms and 7 full bathrooms, including 5 ensuites. The property is conveniently located within walking distance of the McKernan/Belgravia and University of Alberta LRT stations, providing excellent access to the university, downtown and other major destinations.
The home has benefited from numerous updates and improvements over the years. Recent upgrades include a new roof with a warranty certificate, interconnected smoke and carbon monoxide detectors throughout, and upgraded basement egress windows with new window wells. Additional improvements include vinyl windows, upgraded PEX plumbing lines, 100-amp electrical service, and a newer furnace and hot water tank installed in 2024.
Set on a substantial inner-city lot in McKernan, this property combines an established lodging-house setup, substantial bedroom and bathroom capacity, convenient access to the University of Alberta, and potential long-term land value. A compelling opportunity for investors seeking an income-producing property in a central Edmonton location. Set on a substantial inner-city lot in McKernan, this property combines a legally permitted shared-accommodation setup, substantial bedroom and bathroom capacity, convenient access to the University of Alberta, and potential long-term land value.
A compelling opportunity for investors seeking an income-producing property in a central Edmonton location.
Property summary
- MLS® number
- A2348518
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,612 sq ft
- Title
- Freehold
- Land size
- 598.29 square meters
- Built in
- 1953
- Annual property taxes
- $5,814.02
- Parking
- 4 spaces · Detached Garage
- Days on market
- 2 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Finished, Full
- Flooring
- Tile, Hardwood, Vinyl Plank
- Appliances
- Dishwasher, Stove, Hood Fan
- Exterior features
- Vinyl siding
- Lot features
- See remarks, Other, Back lane, PVC window, No Animal Home, No Smoking Home, Level
What would this home cost you?
Based on the $729,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of First Place Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.