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.
Courtesy of Steve P Kanizaj and Caitlin Kanizaj of MaxWell Progressive
Data was last updated July 26, 2026 at 03:30 AM (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 26, 2026 at 03:30 AM (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.