10550

Allendale · Edmonton, AB T6H 1M4

MLS® E4512273 · Listing courtesy of RE/MAX Elite

$799,000

10 bedrooms · 8 bathrooms · 1,634 sq ft · Built 1972 · Raised bungalow

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About this home

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:67053)

Property details

Property

List price
$799,000
Style
Raised bungalow
Year built
1972
Living area
1,634 square feet
MLS® number
E4512273

Interior

Bedrooms
10
Bathrooms
8
Basement
Finished, Full, Suite
Appliances
Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators

Systems

Heating
Forced air

Parking

Parking
Rear, See Remarks

Condo fee

Ownership
Freehold

City assessment

Assessed value
$742,000 (2025)
Assessment class
Residential

Lot & site

Lot size
597 m² (6,423 sq ft)
Lot features
Lane
Site influences
Lane
Community
Allendale

Rooms

Main level

  • Living room5.09 × 4.01 meters
  • Kitchen5.09 × 5.08 meters
  • Primary Bedroom4.71 × 3.09 meters
  • Bedroom 24.04 × 2.81 meters
  • Bedroom 34.32 × 3.04 meters
  • Bedroom 43.49 × 2.61 meters
  • Bedroom 52.93 × 2.62 meters

Lower level

  • Bedroom 64.64 × 2.29 meters
  • Additional bedroom3.54 × 2.37 meters
  • Bedroom3.53 × 2.9 meters

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Listing courtesy of RE/MAX Elite. Listing data is provided under copyright by the REALTORS® Association of Edmonton via the CREA Data Distribution Facility (DDF®). Information is deemed reliable but is not guaranteed accurate by CREA, the board, or Real Living, and should be independently verified. Not intended to solicit properties currently listed for sale.