McKernan, Edmonton · MLS® E4488284
82
1,273 sq ft · 404 m² lot · House · Single Family · built 1976 · 161 days on market
listed by Steve Kanizaj, MaxWell Progressive
Prime investment opportunity in one of Edmonton’s most desirable locations! Just one block from University Avenue and only steps to the University of Alberta Hospital, this well-maintained property has previously generated approximately $65,000 per year in rental income. Offering a unique 4-level split design in the highly desirable Belgravia/McKernan neighbourhood, the home features a total of 8 BEDROOMS and 2 kitchens, making it ideal for investors, large families, student housing, shared living, or multi-generational households. The upper levels offer 4 bedrooms, a full kitchen, and a full bathroom, while the lower levels have a separate entrance, 4 additional bedrooms, a second kitchen, and another full bathroom. Recent upgrades include newer shingles, a newer hot water tank, and two newer furnaces, with separate heating systems for each level. An outstanding opportunity in a premier location close to the University of Alberta, hospital, public transit, shopping, and everyday amenities.
20% down at 4.34% fixed (Ratehub.ca), 25 years.
Catchment schools, Edmonton Public Schools
24570.6 km away · 11330 - 76 Avenue NW, Edmonton · (780) 435-4163 · website
24570.6 km away · 11330 - 76 Avenue NW, Edmonton · (780) 435-4163 · website
24569.6 km away · 10450 - 72 Avenue NW, Edmonton · (780) 439-3957 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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Rapid transit: McKernan/Belgravia LRT station, 300 m (about 4 min walk); Health Sciences/Jubilee LRT station, 500 m (about 8 min walk).
$636,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $636,500 |
| 2025 | $617,000 |
| 2024 | $534,500 |
| 2023 | $569,500 |
| 2022 | $542,500 |
| 2021 | $541,000 |
| 2020 | $557,500 |
| 2019 | $581,000 |
From City of Edmonton open data (property assessments), matched to 11428 79 AVENUE NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $6,596 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: McKernan/Belgravia LRT station, 300 m (about 4 min walk); Health Sciences/Jubilee LRT station, 500 m (about 8 min walk).
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 4 places to eat or drink, 3 cafes, 15 parks and playgrounds, 2 schools, 2 pharmacies, 27 transit stops.
mihom score from OpenStreetMap places, by straight line distance.