University Buy-and-Hold: 4-Unit Cash Flow Engine Finding an exceptional buy-and-hold asset usually means compromising on location or layout—but this unique side-by-side bi-level duplex delivers both. Located minutes from the University, this cash-flow engine features fully legal basement suites, offering four distinct income streams in a near-zero vacancy market. The bi-level layout is an investor's secret weapon. Main levels offer bright living spaces transitioning to private, elevated balconies. Because of the design, the lower units sit partially above grade, completely eliminating that dark basement feel. Massive, oversized windows flood the legal lower suites with natural light, making them just as inviting as the main floors. With moderate renovations already completed, the heavy lifting is done for a clean, stable asset from day one. The property features a sun-drenched, south-facing backyard and a double detached garage perfect for generating additional parking or storage revenue.More details
Cute & Adorable CORNER LOT in a prime central location near the UofA! This charming home is Perfect for a Developer, investor, or anyone looking for a sweet property with big potential. The 2-car garage is in great condition and even features a camper-height door. Inside, you’ll find 2 Cozy Bedrooms and a Full Bath on the main floor, plus a Bedroom, social/rec room, and 1.5 Baths in the basement. A wonderful opportunity in a highly desirable area. Live, Rent or Tear Down & Build something New! Lot is 35.74x131.94More details
Courtesy of Michelle C Zenon of RE/MAX Real Estate
This beautifully finished contemporary home offers a bright, functional layout with thoughtful design and quality finishes throughout. The open-concept main floor features impressive 9’ ceilings, spacious living and dining areas, and a chef-inspired kitchen complete with stainless steel appliances, professional hood fan, large pantry, and extensive cabinetry. Upstairs offers 3 generous bedrooms including a spacious primary retreat with walk-in closet and luxurious 5-pc ensuite. Large windows throughout the home provide an abundance of natural light, while recent exterior improvements include professionally completed front landscaping along with a new rear stone patio and turf, creating a polished low-maintenance outdoor space ideal for relaxing or entertaining. Located in the heart of Allendale directly across from Allendale Park and just minutes from the University area, Whyte Avenue, cafés, restaurants, schools, and Downtown Edmonton.More details
Over $100K in renovations!! Absolutely immaculate, this 1620 sq ft, 1.5 storey turn-key property features FIVE bedrooms above grade & a rare second floor bath. Light & bright, no expense has been spared - so many quality upgrades! Every single window, kitchen with quartz counters, stainless steel appliances, island and glass backsplash, 2.5 beautifully appointed baths, hand-scraped look luxury flooring throughout all 3 levels, all new light fixtures & a gorgeous, premium exterior including: newer shingles, soffit, fascia, troughs, exterior doors, front steps, etc. Even new light fixtures throughout. The garage exterior was upgraded too, including 2 new garage doors. The fully finished basement was formerly a suite, and still contains a mini-kitchen (no stove), and easily locks off from the main levels with shared laundry area. This solid home is located on a beautiful tree-lined street, with great access to neighbourhood schools, tennis courts, transportation and shopping.More details
Courtesy of Sabrina L Bright of Schmidt Realty Group Inc
Welcome to the vibrant community of Allendale! This functional European inspired 2018 custom built duplex offers 1,850 SqFt of fully finished living space w/ no expenses spared on upgrades & modern finishings. Featuring 4 bedrooms, 3.5 bathrooms & A/C, this home is perfect for families or investors. The 9’ main floor boasts a stunning kitchen w/ quartz countertops, full height cabinets, S/S appliances, gas stove & plenty of storage/counter space. The dining area separates the kitchen from the spacious living room, complete w/ a cozy gas fireplace. Upstairs you’ll find 3 bedrooms, including a generous primary suite w/ dual sink ensuite & shower. A full bath & conveniently located laundry complete this level. The basement features 9’ ceilings, a 4th bedroom, full bath & family room. Enjoy the fully fenced private yard complete w/ pergola, outdoor fireplace, garden beds & detached garage. Located close to the U of A, schools, parks & LRT, this home offers incredible value & endless options.More details
Beautiful 950 sq ft 2 plus 1 bedroom home on a quiet tree lined street with south facing backyard. Open floorplan with large living and dining areas, 2 bedrooms and bath. Fully developed basement with large rec room, bedroom, 3 pc bath and laundry room. A $100,000 interior renovation has just been completed by Dynamic Renovations. Main floor with brand new kitchen & island including stainless appliances, updated 3 pc bath, new vinyl plank flooring, pot lights, baseboards, casings, interior doors and more. Fully developed basement has brand new carpet, paint, trim and the 3 pc bath has been updated as well. Other upgrades over the years include the roof, soffits, gutters, insulation, and HE furnace, HWT approximately 10 years old. Newer vinyl windows up and down & exterior acrylic stucco & parging. Huge rear deck off the kitchen, and amazing oversized 28' wide by 26.25' deep heated and insulated double garage with 100 amp panel, 8' overhead doors is a winter beater. Some pictures are virtually staged.More details
Courtesy of Michael Calverley of MaxWell Progressive
Investor or Owner wanting a Mortgage helper! This 3 bedrooms, 1 bath Upstairs & 3 bedroom, 1 bath, LEGAL BASEMENT SUITE downstairs in Allendale, minutes to the U of A UNIVERSITY. Main: spacious living room with original hardwood, one opens to covered deck, dining area, U-shaped kitchen, with newer countertop, ceramic backsplash, double sink, Pantry & Dining Room. Fully renovated legal 3-bed basement suite with separate WALKOUT entrance gives excellent income. Large windows, laminate flooring, full kitchen, bath, storage. Upgrades: triple-pane Argon windows, new exterior doors, updated lighting, high-efficiency furnace, newer hot water tank, approx. 5-year old roof, 2 BUILT-IN DISHWASHERS & SEPARATE LAUNDRY IN EACH SUITE, SOUNDPROOFED, FIRE PROOFED ceiling between suites, 2 laundries, insulated OVER-SIZED 1 car garage, shed, FENCED, SUNNY, southern exposure BACKYARD! Enjoy the best walking trails, amazing restaurants, transit, LRT & shops all near by & all waiting for you. (Some photos digitally staged.)More details
Welcome to this outstanding investment opportunity in Allendale with a positive cash flow & a strong rental track record. This ideal home is perfect to help with rental income or as an investment. Close to the University of Alberta, Wyte Ave. schools and direct access to Gateway Blvd. this bright raised 3 bedroom bungalo is situated on an extra large lot & boasts a legal permited registered 2 bedroom basement suite with a second entrance and large windows. Extensive renovations include, electrical panel, second furnace, windows, flooring, cupboards, shingles, eavestroghs with leaf guards, sanitary line, & fence. Large double garage with a parking pad for extra parking. A great place to call home.More details
Courtesy of Gary D Sheremeta of NOW Real Estate Group
Gorgeous home in Argyll with terrific curb appeal. Just steps to Mill Creek Ravine. Walkable to the LRT station. Charming renovated house with hardwood and large bright windows. Kitchen has newer maple cabinets and updated light fixtures. 2 main floor bedrooms both with gorgeous hardwood. Renovated main floor bath. Basement boasts 2 additional Bedrooms, a new beautiful bathroom and large family room/rec room. Updated electrical, and newer furnace. Oversized single detached garage is 13x21 additional parking for 3 or for RV. 220 wiring is trenched. Large south facing yard with a dog run, storage shed and stone patio with planter boxes. A firepit perfect for entertaining. New roof on house & garage 2021. Newer triple pane windows with UV protection. Lovingly updated and maintained. Shopping and restaurants nearby. Next to River Valley Park system including paths and tobogganing. Easy access to downtown or Whitemud. Move in ready!More details
Courtesy of Susan E Horon of Royal LePage Noralta Real Estate
Attractive 3 bdm bungalow situated on quiet mature cascading Elm treed street in desirable Hazeldean Community. Well maintained 1,010 sqft of main floor living. 4 pce main bath, bay window in livingroom. Lower level developed with family room, office, summer kitchen and 4 pce bath. Private fenced rear yard, oversized double garage, concrete parking pad to accommodate 3 vehicles. Wonderful home in exceptional location close to Hazeldean K-6 Elementary School; Community center hosts a train themed playground with a spray park; close to Mill Creek Ravine Park and river valley trail system; shopping, restaurants including the well know Ritchie Market and transit.More details
Opportunity is Knocking. This massive 66 x 132 foot corner, double lot in the heart of Allendale is prime to renovate or redevelope. This 1474 sq ft bungalow features 4 bedr, 2 bath, a finished basement and a double detached garage. The main floor has a large kitchen, formal dining room, spacious living room with parquay flooring and a cozy wood burning fireplace. Down the hall there are 3 sizeable bedrooms and a full bathroom. Head down to the basement and you will find a large workroom, 4th bedroom, storage room, 3pc bathroom and a large cabin at the lake themed family room complete with dry bar and wood burning fireplace. The back yard has a handy garden plot, and lots of space for spending time outdoors. The oversized double detached garage has newer metal insulated doors and dont miss the massive gravel driveway big enough to park multiple vehicles as well as your RV.More details
COMPLETELY RENOVATED from top to bottom! This spacious and open bungalow has been completely redone with top-quality finishes and workmanship. The main level features a breathtaking kitchen with undercabinet lighting, quartz countertops and stainless steel appliances. Two bedrooms on the main level, incl. the massive primary suite w/ 4 pc. ensuite. MAIN FLOOR LAUNDRY, built-ins throughout and upgraded lighting. The basement has a 3 pc. main bath, a huge family room, an office and two bedrooms with enormous windows. The basement was taken down to the foundation walls and completely redone, incl. a new sewer w/ backwater valve. All the cast-iron plumbing was replaced. New waterlines throughout. New wiring, incl. a panel and service upgrade. Upgraded attic insulation, new windows throughout, a new hwt, furnace, roof, fascia, and eaves. The double detached garage has a gas line. The yard has been landscaped and the exterior stucco repainted. Steps away from Argyll Park and the Mill Creek Ravine!More details
Data was last updated June 24, 2026 at 01:30 AM (UTC)
Data last updated on June 24, 2026 at 01:30 AM (UTC).
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