Edmonton Homes under $500,000

Welcome to Edmonton, Alberta's vibrant capital city! Nestled along the North Saskatchewan River, Edmonton is a dynamic blend of urban sophistication and natural beauty. Known for its rich cultural scene, Edmonton boasts a plethora of festivals, art galleries, and theaters, making it a hub for creativity and community spirit. The city is also home to the largest mall in North America, West Edmonton Mall, offering endless shopping, dining, and entertainment options.

For those seeking a home in this thriving metropolis, you’ll be delighted to know that there are numerous excellent properties available for under $500,000. Whether you’re a first-time homebuyer or looking to downsize, Edmonton’s real estate market offers a diverse range of options. From charming single-family homes in family-friendly neighborhoods to modern condominiums with stunning city views, there’s something for everyone.

Explore areas like the historic Old Strathcona, where you can enjoy quaint shops and local eateries, or the bustling downtown district, perfect for those who appreciate a lively urban lifestyle. With excellent schools, parks, and recreational facilities, Edmonton is a fantastic place to raise a family or enjoy a fulfilling life.

Investing in a home here not only provides a comfortable living space but also opens the door to a community filled with opportunities for growth and connection. Don’t miss your chance to become part of this remarkable city—discover your dream home in Edmonton today!

Newest Edmonton Homes under $500,000

Courtesy of Adrian Nedelec of Exp Realty.

$399,900

5 Beds ⋅ 2 Baths ⋅ E4513332 MLS® # ⋅ Adrian Nedelec

Opportunity awaits on this true corner lot in Strathearn, measuring 49' x 130' (595 sq. m.) with infill potential under current RS zoning. The location is a standout: steps from the Holyrood Valley Line LRT, with a direct connection to downtown, and close to Mill Creek Ravine, river valley trails and the Edmonton Ski Club. The existing bungalow offers three bedrooms and a 4-piece bath on the main floor, along with a living room, separate dining area and kitchen. Transit and nearby amenities could appeal to future tenants, while the lot and home offer options to update, hold or explore infill. Sold as-is, where-is.

9303 86 Street, Edmonton

Courtesy of Justin L Griffith of Real Broker.

$464,900

4 Beds ⋅ 3 Baths ⋅ E4513328 MLS® # ⋅ Justin L Griffith

Welcome to 460 Gibb Wynd, ideally located in the beautiful community of Glastonbury near schools, greenspace, shopping, and everyday amenities. Tucked away in a quiet cul-de-sac, this 2-storey home sits on a large pie-shaped lot and features a double detached garage. The main floor offers a bright, open-concept layout with a spacious living room, a generous kitchen connected to the dining area, a convenient front office, and a 2-piece bathroom. The upstairs has new carpet and you’ll find three bedrooms and a full bathroom, including an impressive primary suite with a walk-in closet and private ensuite. The fully finished basement adds even more living space and features a roughed-in kitchenette. A bedroom, 3-piece bathroom, laundry area, and additional living space complete. the lower level. A fantastic home with plenty of room inside and out, all in a desirable west Edmonton neighbourhood! *Some photos have been virtually staged*

460 Gibb Wynd, Edmonton

Courtesy of Jill Turgeon of One Percent Realty.

$409,900

3 Beds ⋅ 1 Baths ⋅ E4513327 MLS® # ⋅ Jill Turgeon

Have you been searching for a perfect starter home? Look no further! This home in Charlesworth could be the one! This well maintained property features 3 bedrooms, 1.5 baths and a large yard with a NEW DECK (2026). The Upper PRIMARY SUITE is KING SIZED with a spacious walk in closet & a window allowing lots of natural light in. On the main level you will find lots of storage in the well designed kitchen, Stainless Steel Appliances, ample counter space and a nice dining area that opens to the massive backyard deck. The fenced yard is great for entertaining, just hook up your GAS BBQ and invite the family over! Other updates include Shingles (2025), Hot Water Tank (2018) and a spot all ready for a future Hot Tub! The basement is insulated, open and ready for your development ideas. Enjoy double garage parking and a quiet neighborhood that is family friendly, close to schools and shopping. This home has everything a growing family would need.

137 62 Street, Edmonton

Courtesy of David Lofthaug of Bode.

$329,900

2 Beds ⋅ 2 Baths ⋅ E4513326 MLS® # ⋅ David Lofthaug

Welcome to this beautifully designed 3-storey townhome in the vibrant new community of Alces by g Cantiro Homes! With thoughtfully designed living space, this home features 2 bedrooms, 2.5 bathrooms, and a versatile ground-level flex room perfect for a home office, gym, or guest space. Enjoy 9-foot ceilings on the ground and main floors, large windows, elegant iron spindle railings, and a cozy electric fireplace. The modern kitchen features a fridge, stove, and OTR microwave/hood fan, flowing seamlessly onto a private balcony ideal for relaxing or entertaining. Finished in the stylish Linen interior package, this home also offers a professionally landscaped exterior, an oversized single attached garage, and NO condo fees! Conveniently located in a growing community near parks, shopping, and future amenities, this townhome offers the perfect blend of style, functionality, and low-maintenance living. Photos are representative.

2654 Alces Way, Edmonton

Courtesy of Lindsey Page of 2% Realty Pro.

$215,000

2 Beds ⋅ 2 Baths ⋅ E4513323 MLS® # ⋅ Elements At Albany BLDG. ⋅ Lindsey Page

Welcome to Elements at Albany! This move-in ready, quick possession 862 sq. ft. main-floor condo offers a bright, open-concept layout. The kitchen features warm wood cabinetry, contrasting white countertops, a convenient pantry, built-in desk and large eat-in island overlooking the spacious living room with direct patio access. The primary bedroom is privately located on one side of the home and features a walk-through closet and ensuite bath, while the second bedroom and full bath are situated on the opposite side. Features that complete this space include in-suite laundry and a titled, heated underground parking stall. Low condo fees include heat and water. This pet-friendly building is ideally located close to shopping, restaurants, banks, health services, walking trails and public transit, with quick access to Anthony Henday Drive.

508 Albany Way Unit 106, Edmonton

Courtesy of Andrew Markowski of Exp Realty.

$200,000

1 Beds ⋅ 1 Baths ⋅ E4513322 MLS® # ⋅ Scona Gardens BLDG. ⋅ Andrew Markowski

Welcome Home to Scona Gardens in the Heart of Ritchie! Step into a space that feels like home from the moment you arrive! This inviting 1-bedroom + den condo offers 748 sq. ft. of comfortable living, thoughtfully designed for both relaxation and everyday convenience. With 9-foot ceilings, a spacious living and dining area, and a versatile den that's perfect for a home office, reading nook, or creative retreat, there's plenty of room to make it your own. Step outside onto your private balcony to enjoy a breath of fresh air or simply unwind after a long day. You'll love the added comforts of central air conditioning, in-suite laundry, and heated underground parking. Scona Gardens also offers wonderful amenities, including a fitness room, social rooms, a workshop, car wash, and secure building access. Located in the charming community of Ritchie, you'll enjoy easy access to nearby shops, restaurants, parks, schools, and public transit.

10121 80 Avenue Unit 211, Edmonton

Courtesy of Candace Taha of Real Broker.

$180,000

2 Beds ⋅ 2 Baths ⋅ E4513316 MLS® # ⋅ St. Lawrence Court BLDG. ⋅ Candace Taha

LOCATION, LOCATION, LOCATION! Opportunity awaits in this well-located condo in the heart of Westmount. With a little TLC, this spacious home can be transformed into something truly special. Enjoy an unbeatable lifestyle just steps from local shops, restaurants, cafés, parks, and all the amenities this vibrant community has to offer. Inside, you'll find 2 bedrooms, 2 bathrooms, a bright and open living area, a cozy gas fireplace, and a wraparound corner balcony perfect for relaxing or entertaining. The titled underground parking stall adds convenience and value. Whether you're looking to renovate, invest, or create a space that reflects your personal style, this condo offers incredible potential in a highly sought-after location. "Property is being sold as is, where is, with no warranties or representations".

10951 124 Street Unit 415, Edmonton

Courtesy of PJ Palaypay of Exp Realty.

$325,000

3 Beds ⋅ 2 Baths ⋅ E4513314 MLS® # ⋅ Bearspaw Crossing BLDG. ⋅ PJ Palaypay

TURN KEY. PRIME LOCATION. INCREDIBLE VALUE. Beautifully maintained 3-bedroom, 2.5-bathroom townhouse in Bearspaw, ideal for families or professionals seeking comfort & convenience! The bright and spacious Open Concept Main Floor features large windows that fill the space with natural light, plus a modern kitchen with Granite Countertops, Stainless Steel Appliances & ample cabinetry, perfect for everyday living and entertaining. Upstairs offers a spacious Primary Suite plus 2 additional bedrooms and a full bath, with a convenient half bath completing the main level. This well-cared-for home also includes a Tankless Hot Water System for energy efficiency & on-demand hot water. Enjoy Park & Green Space just steps away within the complex, perfect for morning walks or letting the kids play. Close to Schools, Parks, Shopping, Transit & all amenities, this Move-In-Ready home offers long term value in a desirable, family friendly community. WELCOME HOME!

1508 105 Street Unit 35, Edmonton

Courtesy of Tammie L Savage of MaxWell Progressive.

$150,000

1 Beds ⋅ 1 Baths ⋅ E4513315 MLS® # ⋅ Oliver Court BLDG. ⋅ Tammie L Savage

Welcome to Oliver Court in the sought-after community of Oliver! This unique multi-level, one-bedroom, 1.5-bathroom condo features soaring vaulted ceilings that create an impressive sense of space and character. The bright, open-concept living area offers an inviting place to relax or entertain, while the upper-level layout adds to the home’s distinctive appeal. Enjoy a central location just minutes from downtown, MacEwan University, the Ice District, and the beautiful River Valley. Parks, shopping, restaurants, transit, and everyday amenities are all close by. Whether you’re a first-time buyer, professional, or investor, this is an excellent opportunity to own a home with character in a vibrant, walkable neighbourhood!

11316 103 Avenue Unit 304, Edmonton

Courtesy of Alan F Macdonald of MaxWell Challenge Realty.

$400,000

3 Beds ⋅ 3 Baths ⋅ E4513313 MLS® # ⋅ Alan F Macdonald

Spacious 3-bedroom, 4-bathroom duplex in Bonnie Doon! Master bedroom has a 3-piece ensuite. Excellent storage space in this home - the front entry has double closets. Large kitchen with oak cabinetry. Air conditioning and lots of natural light make for a comfortable home winter and summer. The yard has both a plum and a cherry tree. Back deck faces west for sun in the evenings for barbecues and visits with friends. Single car garage and enough space for two vehicles on the driveway. Walking distance to everything you need - just 10 minutes to the nearest LRT station. Fantastic access to Mill Creek, Community League with playground, and nearby schools.

9220 92 Street, Edmonton

Courtesy of Kelly A Grant of Exp Realty.

$125,000

1 Beds ⋅ 1 Baths ⋅ E4513312 MLS® # ⋅ Crestview Towers BLDG. ⋅ Kelly A Grant

Downtown living without the downtown price tag! This bright CORNER UNIT in Crestview Tower offers exceptional value at just $125,000! Set in a quiet concrete-and-steel building, this spacious one-bedroom features large windows, hardwood flooring and a functional layout. Best of all, condo fees include ALL UTILITIES, making monthly costs simple and predictable. Walk to the LRT, river valley trails, downtown, government offices, cafés, shopping and nightlife, with quick access across the river to the University of Alberta. Residents enjoy a rooftop patio with spectacular panoramic views of the river valley, Victoria Golf Course and Edmonton skyline. Previously rented for $1,600/month, this is an affordable option for a first-time buyer, student, professional or investor. Exceptional value for downtown living at only $125,000!

9816 112 Street Unit 1006, Edmonton

Courtesy of Patrick C Au of Century 21 Masters.

$324,900

2 Beds ⋅ 2 Baths ⋅ E4513311 MLS® # ⋅ Meridian Plaza BLDG. ⋅ Patrick C Au

This CORNER UNIT located at 9th floor of MERIDIAN PLAZA. 10' ceilings throughout entire unit. OPEN kitchen layout with modern cabinets looking over the DINING & LIVING room with corner fireplace. GRANITE counter top throughout the KITCHEN and all BATHROOM. Rich hardwood floors in the kitchen, living and dining room. There are new HE vinyl plank floorings in two bedrooms. Good sized master bedroom has large closet plus 4 piece en-suite with separated SHOWER & BATHTUB. The second bedroom also good sized, Plus another 4 piece full bath. You can enjoy a city view from balcony and BALCONY facing WEST and gives you more sunlight. Heat pump system provide the HEAT & COOL. New painting throughout the unit. This complex offers excellent amenities, including a beautiful indoor atrium, fitness centre, owner's lounge, guest suite. Comes with one underground parking. Walking distance to the heart of DOWN TOWN Edmonton, SHOPPING, PUBLIC TRANSIT RESTAURANTS. Easy access to LRT, U of A....

10142 111 Street Unit 909, Edmonton

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