FIRST PLACE REALTY IN CALGARY
.
FIRST PLACE REALTY
10948 75 Avenue NW
Edmonton
T6G 0G9
$799,900
Residential
beds: 7
baths: 7.0
1,612 sq. ft.
built: 1953
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2314975
- Bedrooms:
- 7
- Bathrooms:
- 7
- Year Built:
- 1953
- Photos (12)
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- No
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 0
- Home Style:
- 2 Storey
- Total Living Area:
- 1,612.33 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acreage:
- No
- Lot Area:
- 6,439 sq. ft.
- Lot Frontage:
- 49'6½"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
- Signup
- Acres Freehold:
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- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
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- Front Exposure:
- South
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- Two
- Total Rooms Above Grade:
- 5
- Year built:
- 1953 (Age: 73)
- Bedrooms:
- 7 (Above Grd: 5)
- Bedrooms Above Grade:
- 5
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 7.0 (Full:7, Half:0)
- Plan:
- 276HW
- Heating:
- Forced Air
- Basement:
- Full, Finished, Other
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Vinyl Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Hardwood, Tile, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 1
- Parking:
- Single Garage Detached
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Basement
- Northwest
- McKernan
- Dishwasher, Electric Stove
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 23'3" × 12'1"
- Main Floor
- Bedroom
- 11'10" × 9'6"
- 2nd Floor
- Bedroom - Primary
- 23'3" × 12'1"
- 2nd Floor
- Bedroom
- 18'9" × 8'5"
- 2nd Floor
- Bedroom
- 8'11" × 7'9"
- Basement
- Bedroom
- 21'9" × 11'6"
- Basement
- Bedroom
- 15' × 12'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 3
- 10'7" x 4'1"
- Main Floor
- No
- 3
- 6'6" x 7'
- 2nd Floor
- Yes
- 3
- 6' x 5'4"
- 2nd Floor
- No
- 3
- 6' x 5'4"
- 2nd Floor
- Yes
- 3
- 4' x 8'11"
- Basement
- Yes
- 3
- 7'5" x 6'4"
- Basement
- Yes
- 3
- 6'4" x 10'10"
- Title to Land:
- Fee Simple
- Community Features:
- Other, Schools Nearby, Shopping Nearby
- Interior Features:
- No Animal Home, No Smoking Home, See Remarks, Vinyl Windows
- Exterior Features:
- Other
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Level, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Partial
- Region:
- Edmonton
- Zoning:
- RS
- Listed Date:
- May 30, 2026
- Days on Mkt:
- Signup
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Listed by First Place Realty
Data was last updated May 31, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $484,900
- Min list price:
- $164,989
- Max list price:
- $1,288,000
- Avg days on market:
- 51
- Min days on market:
- 1
- Max days on market:
- 94
- Avg price per sq.ft.:
- $298.99
These statistics are generated based on the current listing's property type
and located in
Edmonton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- JASON CHOI
- FIRST PLACE REALTY
- 1 (403) 3998124
- calgaryjason@gmail.com
- JASON CHOI
- Maple Supreme Realty (BC)
- 1 (403) 3998124
- jasonchoirealestate@gmail.com
Location
First Place Realty
#305, 1822 10th Avenue SW, Calgary AB T3C 0J8
Maple Supreme Realty Inc.
#1290, 4380 No. 3 Road, Richmond, BC V6X 3V7