Incredible Long-Term Investment Property in Beautiful McKernan! Built in 2009, this purpose-built investment property offers an exceptional opportunity with 3 separate self-contained rental suites generating $75,600 per year in rental income. Offering 2,393.46 sq. ft. above grade, plus a 1,176.29 sq. ft. fully developed basement suite, this property boasts a total of 3,569.77 sq. ft. of developed living space. Each suite features 3 bedrooms and 2 full bathrooms, for a total of 9 bedrooms and 6 bathrooms, with separate entrances to the basement, main floor, and upper floor suites, providing excellent privacy for tenants. Additional highlights include a large rear parking pad with ample parking, a spacious rear deck, and a home that has been immaculately maintained by the original owner. Located in the highly desirable community of McKernan, close to the University of Alberta, transit, shopping, and all amenities, this is a rare opportunity to own a quality-built income property in a premier location.
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Zillow last checked:
Listing updated:
Listed by:
Terry Paranych,
RE/MAX Excellence,
Ronald E Kleefman,
RE/MAX Excellence
Source: RAE,MLS®#: E4500682
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6
Primary bedroom
Level: Main
Heating
Forced Air-1, Natural Gas, Water
Appliances
Included: Dishwasher-Built-In, Dryer, Microwave Hood Fan, Refrigerator, Electric Stove, Washer, Second Dryer, Second Refrigerator, Second Stove, Second Washer, Second Dishwasher, Second Microwave Hood Fan
Features
Flooring: Ceramic Tile, Vinyl Plank
Windows: Window Coverings
Basement: Full, Finished
Interior area
Total structure area: 2,393
Total interior livable area: 2,393 sqft
Property
Parking
Parking features: Parking Pad, Rear Drive Access
Has uncovered spaces: Yes
Features
Levels: 2 Storey,3
Patio & porch: Deck, Front Porch
Fencing: Partial,Partially Fenced
Lot
Size: 4,349 Square Feet
Features: Near Public Transit, Schools, Shopping Nearby, See Remarks, Public Transportation
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Foundation: Concrete Perimeter
Roof: Asphalt
Condition
Year built: 2009
Community & HOA
Community
Features: Deck, Front Porch
Location
Region: Edmonton
Financial & listing details
Price per square foot: C$405/sqft
Date on market: 7/25/2026
Ownership: Private
Terry Paranych
Terry Paranych
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