$600,000 Sale
Listed 19 hours ago
10682 61 Avenue
· 5
· 2
· 2
· 1004.50
Key Facts
Key facts for 10682 61 Avenue
Property Type
House, Bungalow
Parking
Double Garage Detached 2 garage, Double Garage Detached
MLS®
E4461028
Size
1004.50 sqft
Basement
Full,Finished, Fully Finished
Listed on
-
Lot size
-
Tax
-
Days on Website
-
Year Built
1950
Maintenance Fee
-
Description
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 b...edrooms 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!
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Courtesy of: Isaac I Kristensen, Digger Real Estate Inc.