10550, 10552 62 Avenue, Edmonton, AB T6H 1M4
Courtesy of Colin A Tessier of RE/MAX Elite.
- $799,000
- 10
- BD
- 5
- BA
- 1,634
- SqFt
- List Price
- $799,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- E4512273
- Subtype
- Residential
- Style
- Raised Bungalow
- Year Built
- 1972
- Bedrooms
- 10
- Bathrooms
- 5
- Full Baths
- 3
- Half Baths
- 5
- Living Area
- 1,634
- Lot Size
- 596
- MLS Area Major
- Edmonton
Property Description
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
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Additional Information
- Interior Features
- ensuite bathroom
- Exterior Features
- Back Lane, Fenced, Schools
- Community Features
- Allendale
- Property Description
- Raised Bungalow
- Appliances
- Hood Fan, Dryer-Two, Refrigerators-Two, Stoves-Two, Washers-Two, Dishwasher-Two
- Heating
- Forced Air-2, Natural Gas
- Levels
- 2
- Roof
- Asphalt Shingles
- Foundation
- Concrete Perimeter
- Parking Features
- Rear Drive Access, See Remarks
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