10948 75 AVE NW Edmonton, AB T6G0G9
7 Beds
7 Baths
1,612 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1612.33
Square Footage 1,612 sqft
Price per Sqft $496
Subdivision Mckernan
MLS Listing ID A2314975
Style 2 Storey
Bedrooms 7
Full Baths 7
HOA Y/N No
Year Built 1953
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Detached
Property Description
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.
Location
Province AB
Community Other, Schools Nearby, Shopping Nearby
Zoning RS
Direction NW
Rooms
Basement Other, Full, Finished
Interior
Interior Features No Animal Home, No Smoking Home, See Remarks, Vinyl Windows
Heating Forced Air
Cooling None
Flooring Hardwood, Tile, Vinyl Plank
Fireplace Yes
Appliance Dishwasher, Electric Stove
Laundry In Basement
Exterior
Exterior Feature Other
Parking Features Single Garage Detached
Garage Spaces 1.0
Fence Partial
Community Features Other, Schools Nearby, Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Total Parking Spaces 4
Garage Yes
Building
Lot Description Back Lane, Level, Rectangular Lot
Dwelling Type House
Faces S
Story Two
Foundation Poured Concrete
Architectural Style 2 Storey
Level or Stories Two
New Construction No
Others
Restrictions None Known
Nearby Locations
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