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10682 61 Av Nw Edmonton, Alberta T6H 1L7

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5 Bedroom 2 Bathroom 1014 sqft
Bungalow Forced Air

$600,000

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! (id:58723)

Property Details

MLS® Number E4461028
Property Type Single Family
Neigbourhood Allendale
AmenitiesNearBy Public Transit, Shopping
Features See Remarks, Lane
Structure Fire Pit

Building

BathroomTotal 2
BedroomsTotal 5
Appliances Dishwasher, Garage Door Opener, Dryer, Refrigerator, Two Stoves, Two Washers
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Suite
BasementType Full (finished)
ConstructedDate 1950
ConstructionStyleAttachment Detached
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1014 Sqft
Type House

Parking

Detached Garage

Land

Acreage No
FenceType Fence
LandAmenities Public Transit, Shopping

Rooms

Level Type Dimensions
Basement Bedroom 4 3.76 m x 2.88 m
Basement Bedroom 5 3.91 m x 2.81 m
Basement Second Kitchen 4.3 m x 2.77 m
Main Level Living Room 5.46 m x 4.25 m
Main Level Dining Room Measurements not available
Main Level Kitchen 3.01 m x 2.49 m
Main Level Primary Bedroom 4 m x 3.54 m
Main Level Bedroom 2 3.54 m x 2.6 m
Main Level Bedroom 3 3.26 m x 2.18 m

https://www.realtor.ca/real-estate/28957308/10682-61-av-nw-edmonton-allendale