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 AllendaleMore details
Exceptional opportunity in sought-after Allendale! This well-maintained character home offers the perfect combination of homeownership, & income potential. Featuring a fully legal basement suite with a separate entrance, this property provides flexibility for homeowners looking to offset mortgage costs, accommodate extended family, or generate additional income. The owners have ran a successful short term rental in the suite for 5 years & are looking to sell the suite as is. Recent improvements include new shingles on both the house & double detached garage (2024), including replacement of the roof sheathing above the front entry, & a new H/W tank (2023). Situated on a generous lot, you'll love being minutes from the U of A, Whyte Avenue, Southgate, schools & parks. The legal suite can create immediate income potential.More details
Put your next investment to work in Queen Alexandra! This renovated up/down duplex with RM h16 zoning, offers rental appeal today & multi-unit redevelopment potential for the future. The spacious main floor features 2 bdrms + an office, a bright living room, generous windows & a well-equipped kitchen—an inviting layout for tenants who want room to live and work. Downstairs, 2 bdrms, a kitchen & a 4-pc bath create a comfortable 2nd living space. Separate furnaces & electrical meters add operating flexibility, while shared laundry serves both levels. A fenced, low-maintenance yard, deck, detached garage & rear parking enhance everyday convenience. Collect rental income while exploring the longer-term possibilities of this approximately 33 x 132 ft lot. A compelling combination of updated accommodation & land potential in an established neighbourhood. Improvements: Full basement renovation, roof (home/garage), landscaping + fence & windows (2024), sewer line (2025), lower-level furnace (2026) & much moreMore details
Data was last updated October 8, 2026 at 07:30 PM (UTC)
Data last updated on October 8, 2026 at 07:30 PM (UTC).
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