Eastwood Homes under $500,000

Eastwood Homes under $500,000

Welcome to Eastwood, a vibrant and welcoming community nestled in the heart of Edmonton, Alberta. Known for its rich history and diverse culture, Eastwood offers residents a unique blend of urban convenience and suburban charm. This neighborhood is perfect for families, first-time homebuyers, and anyone looking to enjoy a friendly, close-knit community atmosphere.

Eastwood boasts an array of amenities that cater to all lifestyles. With parks, playgrounds, and recreational facilities nearby, families can enjoy outdoor activities and community events throughout the year. The area is also conveniently located near schools, shopping centers, and public transit, making daily commutes a breeze.

One of the most appealing aspects of Eastwood is the availability of homes under $500,000. Whether you’re seeking a cozy bungalow, a modern townhouse, or a charming character home, Eastwood offers a variety of options to suit your needs and budget. These affordable homes provide an excellent opportunity for buyers looking to invest in a thriving neighborhood without breaking the bank.

With its affordable housing market, Eastwood is not just a place to live but a place to thrive. The community’s friendly atmosphere, combined with its rich array of amenities and convenient location, makes it an ideal choice for those looking to plant roots in Edmonton. Discover the charm of Eastwood and find your dream home today!

Newest Eastwood Homes under $500,000

11911 77 Street, Edmonton

Courtesy of Jill Jordan of RE/MAX Real Estate.

$175,000
1 Beds ⋅ 1 Baths ⋅ E4512604 MLS® # ⋅ Jill Jordan
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Opportunity knocks with this 33x120 LOT zoned RA8 (RM h23), ideally positioned adjacent to Edmonton’s Exhibition Lands Redevelopment area. With exciting changes planned for the surrounding neighbourhood, this property offers excellent potential for future redevelopment. The existing home is at the end of its economic life, making the VALUE IN THE LAND & DEVELOPMENT OPPORTUNITY. Currently tenant occupied, providing the possibility of rental income while exploring development plans & permits. Whether you’re looking for your next infill project or adding a strategic property to your investment portfolio, this location deserves a closer look. BUY THE LAND, PLAN YOUR PROJECT & TAKE ADVANTAGE OF THE OPPORTUNITY!

11911 77 Street, Edmonton
8009 120 Avenue, Edmonton

Courtesy of Che Taylor of MaxWell Challenge Realty.

$315,000
3 Beds ⋅ 2 Baths ⋅ E4512602 MLS® # ⋅ No Name BLDG. ⋅ Che Taylor
~ JUDICIAL LISTING ~ END UNIT WITH SEPARATE ENTRANCE ~ 3 BEDROOM, 2.5 BATHS. ~ BUILT in 2022 ~ Located directly across from a park and school in Central Edmonton ~ Paved parking stall ~ Lots of street parking as well ~ This is a Judicial listing and the property is being sold 'as is' and 'where is' Offers must be unconditional.

8009 120 Avenue, Edmonton
12026 77 Street, Edmonton

Courtesy of James H Mabey of Century 21 Masters.

$203,500
3 Beds ⋅ 2 Baths ⋅ E4512394 MLS® # ⋅ James H Mabey
Located in Edmonton's established Eastwood neighbourhood, this charming 1949 bungalow offers comfortable living with just under 800 sq ft above grade and a fully finished basement. The main floor features 2 bedrooms and a full bathroom, while the developed lower level adds a third bedroom, second full bathroom, and a family room that provides welcome extra living space. Outside, the west-facing backyard enjoys afternoon and evening sunshine, with a single detached garage and storage shed offering practical space for vehicles, tools, and seasonal items. Eastwood's mature streets and central location put neighbourhood parks, schools, shopping, and transit within easy reach, with convenient access to downtown Edmonton. A practical layout with flexible living spaces and the character of an established neighbourhood. Some photos have been digitally staged.

12026 77 Street, Edmonton
12043 87 Street, Edmonton

Courtesy of Curtis L Roy of RE/MAX Elite.

$299,000
4 Beds ⋅ 1 Baths ⋅ E4511281 MLS® # ⋅ Curtis L Roy
INVESTOR ALERT! This property is being sold as LOT VALUE ONLY. The condition of the house is EXTREMELY ROUGH and a true FIXER UPPER. 50' x 150' lot with mature trees, a parking pad & a room for a garage. Great opportunity to build a multi unit on the lot. Don't miss this opportunity to own or invest in a property. Property is being sold, as is, where is.

12043 87 Street, Edmonton
12440 82 Street, Edmonton

Courtesy of Tsehaye Kafel of Grand Realty.

$289,000
5 Beds ⋅ 2 Baths ⋅ E4510850 MLS® # ⋅ Tsehaye Kafel
Great REDEVELOPMENT, INVESTMENT and Mortgage helper OPPORTUNITY! Unlock the potential of this large-lot bungalow offering flexibility for investors, renovators, and buyers seeking future redevelopment possibilities. The main floor features 2 bedrooms, 1 full bathroom, a spacious kitchen with ample cabinetry, refrigerator and electric stove, and generously sized bedrooms. The basement has a separate entrance and features 3 bedrooms, a living room, kitchen with refrigerator and stove, and a 3-piece bathroom. Whether your strategy is to renovate and improve the existing property, explore rental-income potential, or investigate future redevelopment, this property offers a range of possibilities. The large lot and existing layout provide a strong starting point for buyers looking to add value. Conveniently located close to public transportation, the Yellowhead Highway, schools, shopping, and everyday amenities.

12440 82 Street, Edmonton
12117 85 Street, Edmonton

Courtesy of Anikit K Raju of Century 21 Masters.

$489,000
5 Beds ⋅ 3 Baths ⋅ E4510784 MLS® # ⋅ Anikit K Raju
Fantastic investment opportunity in Eastwood! This brand-new half-duplex bungalow offers a functional layout with excellent income potential and an expected completion of mid-November 2026. The main floor features a bright, open-concept living space with modern finishes throughout, along with three bedrooms and thoughtfully designed living areas. The fully finished basement features a legal two-bedroom suite with a separate entrance and dedicated laundry, offering excellent flexibility for extended family or additional rental income. Conveniently located near schools, shopping, transit, and major commuter routes, this is a great opportunity to own a versatile new-construction property in an established central Edmonton community. NOTE: Photos shown are from a recently completed half-duplex by the same builder with a similar layout and finishings. Property taxes not yet assessed.

12117 85 Street, Edmonton
11908 77 Street, Edmonton

Courtesy of Rick Schmidt of MaxWell Polaris.

$319,900
2 Beds ⋅ 1 Baths ⋅ E4510564 MLS® # ⋅ Rick Schmidt
Attention First-Time Buyer's & Investors! Discover this distinctive 2 story home featuring a rear attached double garage, in Eastwood. Offering approximately 1700 sq. ft. of living space and inviting open concepts. The main floor features a spacious layout with an open living, dining area, generous kitchen area, 2 piece bathroom, complemented by sizeable front den and entryway. The rare double attached garage is accessible directly from the kitchens back door. Upstairs you'll find an impressive family room with vaulted ceilings and skylights, allowing for plenty of natural light. Two spacious bedrooms & a four piece bathroom complete the second floor. The expansive area presents an excellent opportunity to create your own unique spaces. This home is conveniently located, near Fort Rd. and Gretzky Drive, close to restaurants, schools, shopping & public transportation. Your opportunity awaits!

11908 77 Street, Edmonton
11825 80 Street, Edmonton

Courtesy of Nicole L McFatridge of Sarasota Realty.

$279,900
3 Beds ⋅ 1 Baths ⋅ E4510295 MLS® # ⋅ Nicole L McFatridge
Step into the charm of this well maintained 1921 character home offering over 1,400 sq. ft. in the vibrant community of Eastwood. Blending timeless character with thoughtful updates, this home features 9’ main floor ceilings, hardwood flooring in the living room and flex room, modern paint tones, and abundant natural light. The main level offers a spacious living room, flex room, bedroom, dining area, kitchen, 2-piece bath with laundry, and a rear foyer leading to the fully fenced yard. Enjoy the covered porch, ground-level patio, and detached single garage with lane access. Upstairs you’ll find two bedrooms with charming angled ceilings, a renovated 4-piece bath, and a primary bedroom with patio doors opening to a private balcony. Updated trim, doors, windows, and bathrooms add to the appeal. The untouched basement is ready for your vision. Situated on a large lot just minutes to downtown and close to the LRT, this is a true character home you won’t want to miss.

11825 80 Street, Edmonton
11934 87 Street, Edmonton

Courtesy of Devin B Gray of Exp Realty.

$318,900
4 Beds ⋅ 2 Baths ⋅ E4507912 MLS® # ⋅ Devin B Gray
Welcome to this charming and versatile home on a quiet, tree-lined street in a convenient central Edmonton location. Step inside to a bright, inviting living room where a large front window fills the space with natural light. The main floor features a functional kitchen, 2 comfortable bedrooms, a 4-piece bathroom and newer vinyl plank flooring. A separate entrance leads to the lower level, offering additional living space with a second kitchen, living area and 2 more bedrooms—ideal for extended family, guests or added flexibility. Situated on an impressive 45' x 150' lot with plenty of outdoor space and future possibilities. Close to schools, shopping, transit and everyday amenities, with convenient access to downtown and major routes. Whether you're a first-time buyer, investor, or looking for redevelopment potential on a large central lot, this property offers plenty of possibilities.

11934 87 Street, Edmonton
11925 77 Street, Edmonton

Courtesy of Wendy M Lam of RE/MAX Elite.

$155,000
2 Beds ⋅ E4507464 MLS® # ⋅ Wendy M Lam
INVESTORS, BUILDERS, DEVELOPERS OPPORTUNITY! Great opportunity to add value in a convenient location with easy access to transit, shopping, schools, Downtown and other major amenities. The main floor offers a living area, 2 bedrooms, kitchen, dining and a bathroom areas, while the basement provides additional space and a utility area. The property requires TLC and presents a range of possibilities, including renovation, use or future redevelopment, subject to applicable zoning and municipal requirements. Good-sized yard adds further appeal. Ideal for builders, investors, renovators or buyers looking for a value-add project. THIS IS A 33 x 120 LOT. Property is being sold AS IS, WHERE IS.

11925 77 Street, Edmonton
11918 86 Street, Edmonton

Courtesy of Patrick D Fields of Real Broker.

$279,900
3 Beds ⋅ 1 Baths ⋅ E4507129 MLS® # ⋅ Patrick D Fields
RENOVATED semi-bungalow offers the perfect blend of timeless charm and modern renovations, creating a warm and inviting place to call home. Step inside to discover a bright, open-concept living and dining area with updated flooring, painting, fresh finishes, and a stylish, modern feel that's perfect for everyday living and entertaining. The renovated kitchen provides plenty of functionality and a clean, contemporary design, while the spacious upper-level loft creates a cozy primary retreat full of character and natural light. The basement has LOTS of storage space, laundry and 2 more rooms. 2012 upgrades include new windows, furnace and roof ice dam protection! Outside, you'll enjoy all the benefits of a fenced yard and it is located right across the street from the community rink and greenspace & a park. Whether you're a first-time buyer, downsizer, or investor looking for a move-in-ready home with classic appeal and modern touches, this is one you won't want to miss.

11918 86 Street, Edmonton
12106 77 Street, Edmonton

Courtesy of Jordan C Seitz of Real Broker.

$339,900
3 Beds ⋅ 2 Baths ⋅ E4506170 MLS® # ⋅ Jordan C Seitz
50' x 150' CORNER LOT with Small Scale Residential (RS) zoning! This property offers flexibility for homeowners, investors and those considering future redevelopment. The existing bungalow features newer shingles (2022), vinyl siding & windows, 2 bedrooms, 4-pc bath, living room & eat-in kitchen. The basement adds usable living space with a 3-pc bath, kitchenette/canning room & bedroom/rec space. Basement development permits have been obtained with final inspections in progress. OVERSIZED 25'10" x 23'11" HEATED DOUBLE GARAGE is insulated, drywalled & painted. Concrete patios & newer pressure-treated south fence. Seller discloses basement water infiltration during heavy rainfall in summer 2026. Affected areas were opened, 3 interior sump pumps installed & drywall has since been replaced. No further infiltration observed. The large corner site also offers excellent future redevelopment potential for approximately 8-10 residential units, subject to City approval.

12106 77 Street, Edmonton
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