$799,900
10948 75 Avenue NW, Edmonton
7 bd7 ba1,612 ft²$496/ft²
MLS® A2314975 · Courtesy of First Place Realty · View on REALTOR.ca
A two-storey house in McKernan, built 1953 with 7 bedrooms and 7 baths across 1,612 ft² — $496 per square foot. Listed 42 days ago.
BestYEGHomes estimate
Wide rangeWhat we think this home is worth
$586,000
City of Edmonton assessment: $561,000
An independent estimate by our valuation model, built from City of Edmonton assessment data and local market analysis (updated July 2026). It is our own analysis — not part of the MLS® listing, not provided by the listing brokerage, and not an appraisal. Ask us for the full report.
From the listing
About this home
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 Edmonton’s 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 with 15 year workmanship warranty certificate, 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:66605)
The details
Fact sheet
Property
- Type
- House
- Storeys
- 2
- Built
- 1953
- Ownership
- Freehold
- Lot size
- 598.29 square meters
Inside
- Living area
- 1,612 ft²
- Bedrooms
- 7
- Bathrooms
- 7 full
- Basement
- Finished, Full
- Included
- Dishwasher, Stove
Parking & fees
- Parking
- Detached Garage
- Parking spaces
- 4
- Postal code
- T6G 0G9
Room by room
Measurements
| Room | Level | Size |
|---|---|---|
| Primary Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| 3pc Bathroom | Second level | — |
| 3pc Bathroom | Second level | — |
| 3pc Bathroom | Second level | — |
| Bedroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Bedroom | Basement | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | — |
| 3pc Bathroom | Basement | — |
Converted from the metric MLS® feed; sizes are approximate.
Christopher Peel · REALTOR®
MaxWell® Polaris
This website is operated by Christopher Peel, REALTOR®, of MaxWell Polaris, Edmonton, Alberta — the brokerage responsible for this website.
The listing data above is provided under copyright by the Canadian Real Estate Association (CREA). The listing data is deemed reliable but is not guaranteed accurate by CREA nor BestYEGHomes. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Listing information last updated on June 26, 2026 at 2:30 p.m. MT.