Ahmad Sai - 780-982-1119
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Single Family in Edmonton
- 111
- 108
7 Bedrooms
7 Bathrooms- 1612 Sq Ft
Property Type
Single Family
Description
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, 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:6769)
Property Details
Subarea
McKernan
Lot
598.29
Year Built
1953
Flooring
Hardwood,Tile,Vinyl Plank
Parking Type
4
Rooms Dimension
| Room | Floor | Dimension |
|---|---|---|
| Primary Bedroom | Second level | 12.08 Ft x 23.25 Ft |
| Bedroom | Second level | 18.75 Ft x 8.38 Ft |
| Bedroom | Second level | 8.92 Ft x 7.75 Ft |
| 3pc Bathroom | Second level | 5.33 Ft x 6.00 Ft |
| 3pc Bathroom | Second level | 5.33 Ft x 6.00 Ft |
| 3pc Bathroom | Second level | 8.92 Ft x 4.00 Ft |
| Bedroom | Basement | 11.50 Ft x 21.75 Ft |
| 3pc Bathroom | Basement | 6.33 Ft x 7.42 Ft |
| Bedroom | Basement | 12.00 Ft x 15.00 Ft |
| 3pc Bathroom | Basement | 10.83 Ft x 6.33 Ft |
| Bedroom | Main level | 12.08 Ft x 23.25 Ft |
| 3pc Bathroom | Main level | 4.08 Ft x 10.58 Ft |
| Bedroom | Main level | 9.50 Ft x 11.83 Ft |
| 3pc Bathroom | Main level | 7.00 Ft x 6.50 Ft |
Listing Agent
Fang Wang
(403) 970-3659
Brokerage
First Place Realty
(403) 547-8401
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2026-06-01 02:24:01
