10550, 10552 62 AV NW, Edmonton, Alberta T6H1M4

Listing courtesy of RE/MAX Elite.

$799,000
10
BD
8
BA
1,634
SqFt

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List Price
$799,000
MLS®
E4512273
Days on Market
21
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
10
Bathrooms
8
Living Area
1,634
Lot Size Dimensions
596.68
Lot Size
596
Subdivision
Allendale

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 (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Allendale
Country
Canada
Heating
Forced air
Lot Features
Lane
Architectural Style
Raised bungalow
Stories
1
Lot Size
596

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