10948 75 AV NW, Edmonton

2026-06-13
 

Quick Summary

Location
10948 75 AV NW, Edmonton, Alberta T6G0G9
Price
$799,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1615 sqft
Bedrooms:
7
Bathrooms:
7
Year of Construction:
1953

MLS®#E4493530

Property Description

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. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Schools, Shopping

Building

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Fireplace: No
  • Interior Size: 1615 sqft
  • Building Type: House
  • Stories: 2

Features

  • Feature: Flat site, Lane

Land

  • Land Size: 598.31 m2

Ownership

  • Type: Freehold

Information entered by Mozaic Realty Group
Listing information last updated on: 2026-06-13 00:03:07


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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Christine Tetreault Broker / Owner / Associate

Phone:
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Email:
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7808853882
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monikalukavicius1percent@gmail.com
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