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.
Courtesy of Terry Paranych and Ronald E Kleefman of RE/MAX Excellence
Data was last updated July 25, 2026 at 09:30 PM (UTC)
Area Statistics
Listings on market:
151
Avg list price:
$698,900
Min list price:
$175,000
Max list price:
$4,900,000
Avg days in system:
43
Min days in system:
1
Max days in system:
568
Avg price per sq.ft.:
$467.89
These statistics are generated based on the current listing's property type
and located in
Zone 15. Average values are
derived using median calculations. This data is not produced by
The Association's MLS® System.
Data last updated on July 25, 2026 at 09:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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.