10948 75 Avenue Nw, Edmonton, AB, T6G0G9

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.

More About 10948 75 Avenue Nw, Edmonton, AB

10948 75 Avenue Nw Edmonton is located in the neighbourhood of McKernan. The community of McKernan has 1 available property. McKernan makes up 7.14% of the 14 total properties listed in Edmonton. Homes in McKernan are listed for an average price of $729,000. That is 63.07% lower than the average asking price of $1,974,184 found across all Edmonton properties for sale. If you would like to see other homes like 10948 75 Avenue Nw Edmonton please reach out to us 403-879-4145. Properties like 10948 75 Avenue Nw can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 10948 75 Avenue Nw Edmonton or another home like it in the future. Get directions to 10948 75 Avenue Nw Edmonton.

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