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Exterior featuring a prominent wooden deck, white railings, and a front entry staircase
1 / 12
Allendale

10550, 10552 62 AV NW

10550, 10552 62 AV NW, Edmonton, AB T6H 1M4

Listed by Colin A Tessier, RE/MAX Elite

$799,000

Bedrooms
10
Bathrooms
5.5
Interior
1,634 sq ft
Lot Size
6,423 sq ft
Year Built
1972
Type
Duplex
MLS® Number
E4512273
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

Features & finishes
  • Back Lane
  • Fenced
  • Schools
  • Hood Fan
  • Dryer-Two
  • Refrigerators-Two
  • Stoves-Two
  • Washers-Two

Estimate your monthly

A quick guide: adjust the figures to suit your plans.

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Estimated payment

$3,714/mo

Down payment
$159,800
Mortgage amount
$639,200

Estimate only. Principal and interest based on Canadian semi-annual compounding; excludes property taxes, condo fees, insurance, and any CMHC premium. Not a mortgage offer or pre-approval. Confirm rates and terms with a licensed mortgage professional.

Listing information last updated on

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