Courtesy of RE/MAX Elite.
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
Listing Information
- Prop. Type:
- Duplex
- Property Style:
- Raised Bungalow
- Status:
- Active
- City:
- Edmonton
- MLS® Number:
- E4512273
- Bedrooms:
- 10
- Neighbourhood:
- Allendale
- Area:
- Edmonton
- Province:
- Alberta
- Listing Price:
- $799,000
General Information
- Year Built:
- 1972
- Total Square Feet:
- 1634ft2
Additional Information
- Basement Dev:
- Full, Finished
- Parking:
- Rear Drive Access, See Remarks