$799,900
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10948 75 Avenue Nw, Edmonton, AB T6G0G9

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7 Beds
7 Baths
1,612 Sq Ft

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 Edmontons 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)

Listing By: Fang Wang - First Place Realty cncrea2 Realty.com
  • MLS® A2314975
  • Date Listed05/31/2026
  • Days on Realty 6 Days
  • Bedrooms 7
  • Bathrooms 7 baths
  • Lot Size 6,440 sq. ft
  • Subdivision McKernan
  • Year Built 1953
  • Square Feet 1,612 sq. ft
  • Price Per Sq. Ft $496.22

Interior Features

  • Appliances Dishwasher, Stove
  • Flooring Tile, Hardwood, Vinyl Plank
  • Cooling None
  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 6,439.94
  • Lot Features See remarks, Other, Back lane, P V C window, No Animal Home, No Smoking Home, Level

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T6G0G9

Discover key demographics, population statistics, and environmental insights for the Edmonton, AB area.

Walkability in AB / T6G0G9

Source: Walk Score

83/100

Very Walkable

Walk Score ®

59/100

Good Transit

Transit Score ®

89/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

26 nearby routes: 24 bus, 2 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 61/100, Transit Score: 56/100, Bike Score: 67/100.

Points of Interest near 10948 75 Avenue NW, Edmonton, AB T6G0G9

Frequently Asked Questions for 10948 75 Avenue NW

Source: Realty.com

10948 75 Avenue NW, Edmonton, AB T6G0G9 in McKernan, Edmonton, AB T6G0G9 is a single family residence listed at $799,900. Highlights include 7 bedrooms, 7 bathrooms, 1,612 sq. ft., built in 1953, $496 per sq. ft.. Realty.ca has 12 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 12 photos of 10948 75 Avenue NW.

Our records indicate that 10948 75 Avenue NW was built in 1953.

The full address for this home is 10948 75 Avenue NW, Edmonton, AB T6G0G9.

10948 75 Avenue NW has been listed on Realty.com since Sun May 31, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 61/100, Transit Score: 56/100, Bike Score: 67/100.

Listing provided courtesy of: First Place Realty
Listing agent: Fang Wang

This content last refreshed on 2026-06-06 15:27:01. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.