Opportunity knocks in Allendale with this corner lot bungalow priced at just $349,900. Whether you're looking to secure a rental property in a high-demand neighborhood or planning your next redevelopment project, this home delivers flexibility. With RF3 zoning and a corner lot, the potential for adding a garage suite (buyer to verify) opens doors for future upside. While the home itself is modest and in need of some care, it can generate income right away from tenants who value the location. Steps from transit, schools, and key amenities, the area continues to attract young professionals, students, and developers alike. This hybrid opportunity allows you to rent now, renovate later, or redevelop when ready--exactly the kind of property that holds long-term value in a changing market. A rare find for those with vision, in one of Edmonton's most desirable core communities.