10550, 10552 62 Av Nw

Edmonton, AB T6H1M4

About this property

Built as a revenue property or perfect for large families, this Allendale up/down duplex situated on a 50' x 124', 597 m2 lot pairs a practical income-focused layout with inviting, renovated interiors. 5 bdrms on each level create flexibility for rental arrangements, while separate entrances, laundry, furnaces, HWTs & electrical meters support independent living. Upstairs, an open living and dining area brings everyone together around a generous kitchen with Quartz counters, wood cabinetry, S/S appliances & center island. Large windows brighten both levels, including the lower kitchen & comfortable living space. Renovations completed in 2020 included kitchens, windows, flooring, bathroom updates & mechanical equipment. A mature, tree-lined street, fenced yard, storage shed & rear-lane parking add appeal & convenience. Based on 2025 income & operating expenses, the asking price reflects an approximate 6% cap rate, offering investors a compelling opportunity to grow their portfolio in Allendale (id:13843)

About this property

Built as a revenue property or perfect for large families, this Allendale up/down duplex situated on a 50' x 124', 597 m2 lot pairs a practical income-focused layout with inviting, renovated interiors. 5 bdrms on each level create flexibility for rental arrangements, while separate entrances, laundry, furnaces, HWTs & electrical meters support independent living. Upstairs, an open living and dining area brings everyone together around a generous kitchen with Quartz counters, wood cabinetry, S/S appliances & center island. Large windows brighten both levels, including the lower kitchen & comfortable living space. Renovations completed in 2020 included kitchens, windows, flooring, bathroom updates & mechanical equipment. A mature, tree-lined street, fenced yard, storage shed & rear-lane parking add appeal & convenience. Based on 2025 income & operating expenses, the asking price reflects an approximate 6% cap rate, offering investors a compelling opportunity to grow their portfolio in Allendale (id:13843)

Features and Additional Information

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$799,000 Active
10 Bed(s)
8
Baths
1,634 sqft

Presented By Trevor Docherty, Broker/Owner

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Get in touch today! Phone: 1-705-787-5060
Brokerage
RE/MAX Elite
1-780-406-4000
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Area Information

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$ 799,000
This listing is play_arrow 0.0% lower than the average in the area
$ 799,000 in the area
1,634 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
1,634 SqFt in the area
$ 489 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 489 $/SqFt in the area
36 days on site
This listing is play_arrow 0.0% below the average in the area
36 days on site in the area

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Listed By Colin A. Tessier
Brokerage: RE/MAX Elite

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