McKernan, Edmonton
10948 75 Avenue NW
$799,900
•7 Bedrooms
7 Beds
•7 Bathrooms
7 Baths
Listed by Fan Yang & Chuxiong Miao of Mozaic Realty Group
Get the details
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.
Courtesy of of Mozaic Realty Group.
What this place offers
- House built in 1953
- 7 bedrooms
- 7 bathrooms
- 1,615 square feet
- E4493530 MLS® ID
Where you'll be
House in McKernan, Edmonton
Searching for a home like this one?
5.0
What people are saying
Janice Mills
on Facebook
The Esposito Team have been our Realtors on multiple transactions, both buying and selling. We have loved our experiences with them and are amazed at their friendliness, real esta . . . more
Lyndsey Smith
on Google
Mirella and the Esposito team are amazing! They were recommended to us by a handful of people, and after our first meeting with Mirella we could see why. As soon as our home hit t . . . more
Heather Neufeld
on Google
We can't thank Joe enough for all of his assistance in selling our home!! From the initial phone call and meeting to discuss our home evaluation, we were impressed with his profes . . . more
Misty Harris
on Google
I can’t say enough good things about Sheldon. He expertly guided me away from costly pitfalls; was highly responsive to my (many) messages; was accommodating in timelines fo . . . more
Hilary Forbes
on Google
We were struggling to sell with another realtor. We had been on market for 80 days and were starting to think we would never sell. We switched Realtors to The Esposito Team based . . . more
Angela Paniccia
on ESPO.ca
Mirella, Joe and Aldo demonstrate a meticulous work ethic and are committed to protecting my interests above all else. They are professional, extremely helpful and always maintain . . . more