McKernan is a vibrant and historic neighborhood located in the southwest quadrant of Edmonton, characterized by its diverse community and rich cultural heritage. The area was initially settled in the early 20th century and saw substantial development in the post-World War II era when returning veterans spurred housing growth. Today, McKernan is a bustling community that is particularly popular among university students and faculty due to its proximity to the University of Alberta. The neighborhood's population is about 2,688 residents, according to the latest census.
Courtesy of Chinedu E Ogbonna of Best Step Real Estate Services
Status:
Active
MLS® Num:
E4407357
Bedrooms:
7
Bathrooms:
2
Floor Area:
2,028 sq. ft.188 m2
This seven-bedroom house is a great investment opportunity in McKernan. Located close to the University of Alberta, a highly desirable area of Edmonton, this property offers a strong cash flow investment from day one. The basement, which is already partly finished, has the potential to accommodate two additional bedrooms and an extra kitchen, making it ideal for students and families. The flooring throughout features vinyl plank. All rooms are fully rented with separate leases that would be transferred to the buyer. The rear of the property offers ample parking spaces.More details
Currently DP permit completed - University property investor! one of the kind: 3plex total 5 units: 17 beds + 17 baths + 3 half baths. Upstairs each unit is around 1300 sqft. Basement each unit is around 654 sqft. The project layouts are designed for "university students" rental. The property is projected to generate approximately $141,600 in annual gross rent and cap rate of 5.02%. Fully finished and equipped with all appliances and landscaping. Walk to train (LRT) station and 2 stops to University of Alberta. The project is estimated to be completed in the Summer 2025.More details
Prime Mckernan Location! Walking distance to Mckernan LRT, UofA and Whyte AVE! This well-kept cozy home sits on a 41'X130' lot on a tree-lined street. This cute home boasts 2+3 bedrooms, 2 full baths with a separate entrance to the basement. The main floor has a bright living room w/ a door. Kitchen has lots of cabinets & dining area. TWO good sized bedrooms are separated by a 4 pc main bath. Basement has another 3 bedrooms and a 3 pc full bath. Main floor has mostly newer vinyl windows, newer hot water tanks (2017) and furnace. Single detached garage plus a covered carport. Great location with great potential on this home. It's a great holding property for future infill development.More details
50 x 130 SUPER RARE, University Area LOT, in the Community of McKernan, will be the crown jewel for any savvy local Developer/Builder. Literally a 5 minute drive to the U of A Hospital, U of A Campus and Northern Jubilee; the location is simply unparalleled! If you need to get Downtown or perhaps to the Ice District for an exciting Oiler’s Hockey Game, the McKernan/Belgravia LRT Station, is just a 10 minute walk, outside your front door, down a quiet, beautiful tree-lined Street. Despite being a stones’ throw to all of the action on Whyte Avenue (10 minutes away), you are nestled and protected on a very private Street, in a mature part of Edmonton. This Street abounds with Old City Charm; picturesque sidewalks are shielded by an abundance of beautiful shady trees and a nice mixture of older character homes mingle well with newer architectural marvels. Whatever you decide to do with this spectacular Lot, you’re in great company, investing in one of Edmonton’s oldest and most prestigious neighborhoods!More details
This newly renovated 4-level split home in the desirable McKernan community offers 1,545 sq ft of living space across 2 levels, with all 4 levels fully developed. Featuring 4 bedrooms, and 3 baths, this home is designed for comfortable family living. As you enter, you're greeted by a spacious foyer leading to a bright living room and dining area. The kitchen boasts brand-new stainless steel appliances and a stylish tile backsplash, and it opens to a northeast-facing backyard with a generously sized deck. Upstairs, the master suite offers a 3-piece ensuite, while two additional bedrooms share a modern 3-piece bathroom. The lower level features a cozy bedroom, a recreation room, a 4-piece bathroom, and a large laundry room. The fully finished basement adds extra versatility with a second kitchen, a den, and an additional rec room. This home’s prime location provides easy access to parks, schools, restaurants, shopping, LRT, the hospital, River Valley, and the University of AlbertaMore details
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Everything is upgraded to meet Alberta health minimum housing standards. Brand new windows throughout. It is right across the street from the McKernan Belgravia LRT train station. This is not a typical property within Edmonton. It’s also zoned for high density because it’s in the transit oriented development zone. There are huge developments already underway in the near vicinity. Great location!!More details
McKernan is bordered by University Avenue to the north, 109th Street to the east, 72nd Avenue to the south, and 114th Street to the west. The neighborhood features a mix of housing types, reflecting its historical development and modern growth. While older single-family homes, many built in the 1950s, dominate the housing landscape, recent years have seen an increase in infill development, including duplexes and low-rise apartment buildings. This variety provides housing options for a range of demographics, from families to young professionals and students. About half of all residences in the neighbourhood are rented.
Schools in and Near McKernan
McKernan is well-served by educational institutions, enhancing its appeal for families and students: McKernan School: Offers programming from kindergarten through grade 9 and is located centrally within the neighborhood. Old Scona Academic High School: An elite senior high school located just outside the eastern boundary of McKernan, highly recognized for its academic rigor. Queen Elizabeth High School: Another nearby secondary school serving grades 10 through 12. University of Alberta: Just north of McKernan, providing easy access for residents pursuing higher education or employed at the university.
Unique Features and Key Amenities of McKernan
McKernan is rich in amenities and unique features that cater to a dynamic lifestyle: McKernan Community League: Plays a vital role in the neighborhood, offering a variety of events, programs, and activities to engage residents. McKernan-Belgravia LRT Station: Provides convenient access to public transit, linking residents to downtown Edmonton and beyond. Local Businesses and Cafés: A variety of local shops, cafés, and services line the streets, adding to the neighborhood’s charm and convenience.
Why Live in McKernan?
Dynamic Community: McKernan’s diverse population of families, students, and professionals creates a vibrant community atmosphere. Educational Opportunities: The proximity to multiple schools, especially the University of Alberta, makes it ideal for academic-minded individuals and families. Transportation and Accessibility: Excellent public transit access, including the LRT, facilitates easy commuting and connectivity to the rest of Edmonton. Rich History: The neighborhood’s long history and development are evident in its architecture and community spirit. Urban Amenities: With a mix of local businesses, parks, and services, residents enjoy urban conveniences while maintaining a strong sense of community.
