Allendale, Edmonton
10682 61 Avenue NW
$600,000
•5 Bedrooms
5 Beds
•2 Bathrooms
2 Baths
Listed by Isaac Kristensen & Renee Degenhardt of Digger Real Estate Inc
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Investment Opportunity in Prime Allendale Location! This rental is turnkey! Fantastic suited bungalow with excellent tenants already in place—perfect for investors looking for steady rental income in one of Edmonton’s most sought-after central neighbourhoods. This well-maintained property offers 5 bedrooms total (3 up, 2 down) and two self-contained suites, making it ideal for maximizing rental potential. The home sits at the crossroads of the city, offering exceptional accessibility to the University of Alberta, Whyte Ave, downtown, and major transit routes. Numerous updates have been completed over the years, and the home has been very well cared for by both owners and tenants. A large detached garage with alley access adds extra rental appeal and storage options. Currently generates just shy of 30k with a cap rate of 4.5%. Zoned RF3 for future potential and surrounded by redevelopment—this is a smart long-term hold with great current returns. Don’t miss your chance to invest in Allendale!
Courtesy of of Digger Real Estate Inc..
What this place offers
- House built in 1950
- 5 bedrooms
- 2 bathrooms
- 1,014 square feet
- Bungalow
- Finished basement
- E4461028 MLS® ID
Where you'll be
House in Allendale, Edmonton
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Janice Mills
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The Esposito Team have been our Realtors on multiple transactions, both buying and selling. We have loved our experiences with them and are amazed at their friendliness, real esta . . . more
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Mirella and the Esposito team are amazing! They were recommended to us by a handful of people, and after our first meeting with Mirella we could see why. As soon as our home hit t . . . more
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We can't thank Joe enough for all of his assistance in selling our home!! From the initial phone call and meeting to discuss our home evaluation, we were impressed with his profes . . . more
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I can’t say enough good things about Sheldon. He expertly guided me away from costly pitfalls; was highly responsive to my (many) messages; was accommodating in timelines fo . . . more
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We were struggling to sell with another realtor. We had been on market for 80 days and were starting to think we would never sell. We switched Realtors to The Esposito T . . . more
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Mirella, Joe and Aldo demonstrate a meticulous work ethic and are committed to protecting my interests above all else. They are professional, extremely helpful and always maintain . . . more