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Courtesy of Digger Real Estate Inc..
Data was last updated 2025-06-25 at 20:18:11 GMT
$600,000

10682 61 Avenue   Edmonton, Alberta

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MLS®: E4461028
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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!
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!

Listing Information

Prop. Type:
Detached Single Family
Property Style:
Bungalow
Status:
Active
City:
Edmonton
MLS® Number:
E4461028
Bedrooms:
5
Neighbourhood:
Allendale
Area:
Edmonton
Province:
Alberta
Listing Price:
$600,000

General Information

Year Built:
1950
Total Square Feet:
1004ft2

Additional Information

Basement Dev:
Full, Finished
Parking:
Double Garage Detached

VIP-Only Information

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This property is listed by Digger Real Estate Inc. and provided here courtesy of Ayaaz Kassam. For more information or to schedule a viewing please contact Ayaaz Kassam.
Ayaaz Kassam
Sterling Real Estate
Phone: 780-474-1035
Mobile Phone: 780-231-9000
Inquire Via Email
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Data last Updated: 2025-06-25 at 20:18:11 GMT America/Edmonton
Copyright 2025 by the REALTORS® Association of Edmonton. All rights reserved.
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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