Just Listed
Address
10948 75 Avenue Nw, Edmonton, AB
Price
$ 729,000
Property Attributes
  • ID#A2348518
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityEdmonton
  • CityEdmonton
  • AreaMcKernan
  • NeighbourhoodMcKernan
  • Postal CodeT6G 0G9
  • Style
  • Year Built1953
  • Price$ 729,000
  • Bedrooms5+2
  • Bathrooms7
  • Half Bathrooms0
  • Sqr Footage1612
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)

General Features

Features See remarks, Other, Back lane, PVC window, No Animal Home, No Smoking Home, Level
Property Type Single Family
Zoning Description RS
CommunityName McKernan
Amenities Schools, Shopping
Building Appliances Dishwasher, Stove, Hood Fan
Building Cooling Type None
Parking Space Total 4
Foundation Type Poured Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Basement Development Finished
Basement Type Full (Finished)
Construction Material Wood frame
Construction Style Attachment Detached
Flooring Type Hardwood, Tile, Vinyl Plank
Living Area Range 1612
Bedrooms 5+2

Exterior Features

Structure None
Land Amenities Schools, Shopping
Exterior Finish Vinyl siding
Fence Type Partially fenced

Room Details

Room Dimensions Level Flooring Details
3pc Bathroom 7.00 Ft x 6.50 Ft Main level
Bedroom 9.50 Ft x 11.83 Ft Main level
Primary Bedroom 12.08 Ft x 23.25 Ft Second level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T6G 0G9

Price
AVG $690K
$730K
Year Built
AVG 1953
1953

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