$600,000
5 bd 2 ba 1005 sf House

10682 61st AvenueEdmonton, AB, T6H 1L7

Allendale
  • 5 Bed
  • 2 Bath
  • 1005 Sqft
  • House

About this home

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!
Listed by: Isaac I Kristensen, Digger Real Estate Inc.

Home facts and features

Price details
List Price
Home facts
Bedrooms
5
Full Bathrooms
2
Property Type
House
Year Built
Built in 1950 (75 yrs old)
Title
Private
Style
Bungalow
Heating Type
Forced Air-1, Natural Gas
Features
Back Lane, Fenced, Fire Pit, Hot Water Natural Gas, Public Transportation, See Remarks, Shopping Nearby
Amenities
Fire Pit, Hot Water Natural Gas, See Remarks
Appliances
Dishwasher, Dryer, Garage Opener, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
Digger Real Estate Inc.
Secondary Agent
Secondary Broker
Digger Real Estate Inc.
Listing details
Days on REW
17 Days
MLS® Number
E4461028
Source
REALTORS® Association of Edmonton

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
4.09%

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Property Insights

Mount Pleasant School
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  • In Catchment
Allendale School
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Parkallen School
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  • In Catchment
Albaqir Academy
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McKee School
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Strathcona School
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  • In Catchment
L Y Cairns School
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  • In Catchment
Queen Alexandra School
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  • In Catchment
École J.H. Picard
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  • In Catchment
St. Margaret School
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Assessment data is from public records.