Michaels Park Homes under $500,000

Michaels Park Homes under $500,000

Welcome to Michaels Park, a hidden gem nestled in the vibrant city of Edmonton, Alberta. This charming community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, young professionals, and retirees alike. With its lush green spaces, friendly neighbors, and a strong sense of community, Michaels Park is a place where you can truly feel at home.

One of the standout features of Michaels Park is its affordability. With a variety of homes available for under $500,000, this community opens the door to homeownership for many. Whether you’re looking for a cozy bungalow, a spacious two-storey, or a modern townhouse, Michaels Park has something to suit every taste and budget. These homes often feature well-maintained yards, inviting interiors, and proximity to essential amenities, making them perfect for those who value both comfort and convenience.

Residents of Michaels Park enjoy easy access to local parks, schools, and shopping centers, ensuring that everything you need is just a stone's throw away. The community is well-connected by public transit, making it simple to commute to downtown Edmonton or explore the surrounding areas.

In Michaels Park, you’ll find a welcoming atmosphere where neighbors become friends and community events bring everyone together. Discover your dream home in this delightful community and experience the charm and warmth of Michaels Park. Your new adventure awaits!

Newest Michaels Park Homes under $500,000

4324 70 Street, Edmonton

Courtesy of Cassie D Krawec of REMAX River City.

$479,900
5 Beds ⋅ 3 Baths ⋅ E4512727 MLS® # ⋅ Cassie D Krawec
Welcome to desirable Michaels Park! This beautifully updated 5-bedroom, 3-bathroom bungalow offers exceptional value and income potential. The bright main floor features a spacious living room, BRAND-NEW kitchen, renovated bathrooms, 3 bedrooms, separate laundry and a sunroom just off the kitchen. The lower level has been fully renovated into a LEGAL 2-BEDROOM basement suite, complete with its own private entrance, separate laundry, kitchen, living space and egress windows. With two furnaces and completely separate living areas, this property is an excellent opportunity for investors, multi-generational families or homeowners looking to offset their mortgage with rental income. Located in a mature, family-friendly neighbourhood close to schools, parks, shopping and transit. Move-in ready with the major work already done! Some photos virtually staged to show size

4324 70 Street, Edmonton
4137 76 Street Unit 30, Edmonton

Courtesy of Vishal Shah of MaxWell Polaris.

$354,999
3 Beds ⋅ 2 Baths ⋅ E4511773 MLS® # ⋅ Michael's Park Landing BLDG. ⋅ Vishal Shah
Discover the perfect blend of space, comfort, and location in this beautifully designed 1,533 sq. ft. townhouse in the heart of Michaels Park, Mill Woods. Featuring an inviting open-concept layout, this home offers a bright and spacious living area that flows seamlessly into the kitchen, complete with stainless steel appliances, ample cabinetry, and generous counter space. Upstairs, you’ll find 3 spacious bedrooms, 2.5 bathrooms, and a versatile bonus room ideal for a home office, playroom, or second family room. The full basement offers endless potential for future development, additional living space, or extra storage. Ideally situated close to schools, parks, shopping, public transit, recreation, and all everyday amenities, this home is perfect for first-time buyers, growing families, or savvy investors. Don’t miss this exceptional opportunity to own a spacious home in one of Mill Woods’ most convenient and family-friendly communities.

4137 76 Street Unit 30, Edmonton
7115 39a Avenue, Edmonton

Courtesy of Jim Dhillon of RE/MAX Elite.

$500,000
6 Beds ⋅ 2 Baths ⋅ E4511137 MLS® # ⋅ Jim Dhillon
Investor-ready and income generating in a prime Mill Woods location! Situated in a quiet cul-de-sac just steps from the LRT, this renovated property offers exceptional value in a strong rental area with great long-term potential. Already generating income with excellent tenants in place, this is a true turnkey opportunity for investors. Designed for maximum functionality, with 2 fully self-contained living areas, featuring 3 bedrooms and 1.5 bathrooms on the 1348sq ft upper level, plus a separate 1213sq ft lower suite with 3 bedrooms and 1 full bathroom. Both suites offer their own private entrances & separate in-suite laundries. Major mechanical upgrades include 2 separate high-efficiency furnaces & a 60-gallon hot water tank, offering maximum efficiency. Whether you're adding to your portfolio or purchasing your first investment property, this one checks all the boxes with strong income, recent updates, an ideal layout, and an unbeatable location close to transit, amenities, schools, and more!

7115 39a Avenue, Edmonton
3819 76 Street Unit 6, Edmonton

Courtesy of Ram S Virk of Century 21 Leading.

$129,000
2 Beds ⋅ 1 Baths ⋅ E4510263 MLS® # ⋅ Spruce Corner Villa BLDG. ⋅ Ram S Virk
Why rent when you can OWN this FANTASTIC 2 Bedroom, 1 Bathroom Condo in Michaels Park! Upon entering, you will notice how adorable this cute and cozy home feels...with its large living/dining room (which opens to a large, West Facing Balcony that allows you to enjoy lots of afternoon sunshine), cute Kitchen with pantry, 2 good sized bedrooms and spacious bathroom, In-Suite Laundry and tons of Storage! With 1 Parking Stall with plug-ins, tons of Visitor Parking, close to Shopping and Schools, as well as public transportation and major roadways.

3819 76 Street Unit 6, Edmonton
975 Millbourne Road, Edmonton

Courtesy of Aneta Jakuszyk of MaxWell Challenge Realty.

$259,900
3 Beds ⋅ 1 Baths ⋅ E4508672 MLS® # ⋅ Shannon Mills BLDG. ⋅ Aneta Jakuszyk
Located in the heart of Michaels Park facing a beautiful green belt, this 1,320 sq. ft. 3-bedroom, 1.5-bathroom townhome stands out with its unique 2-storey split design and executive-style feel. Inside, the spacious living room features soaring ceilings, an abundance of natural light, a corner decorative fireplace and access to the very private and beautiful low-maintenance backyard. A few steps up are the dining area, kitchen, spacious breakfast nook and half bath. Upstairs, the large primary bedroom offers direct access to the shared 4-piece bathroom and a walk-in closet, along with two additional bedrooms. Laundry room is located upstairs for convenience. The finished lower level provides flexible space for a family room, office or gym while the attached single garage offers everyday convenience. The unit has been freshly painted. Conveniently located near the LRT, Whitemud Drive, parks, shopping and everyday amenities, with plenty of conveniences just minutes away.

975 Millbourne Road, Edmonton
3851 76 Street Unit 4, Edmonton

Courtesy of Tabraz Sadruddin of MaxWell Polaris.

$165,000
3 Beds ⋅ 1 Baths ⋅ E4505921 MLS® # ⋅ Spruce Corner Villa BLDG. ⋅ Tabraz Sadruddin
Welcome to Spruce Corner Villa in the community of Michaels Park. Attention first time home buyers or investors! These 3 beds, 1.5 bath unit is conveniently located in a welcoming community. The open-concept layout is perfect for relaxation & entertaining, with large windows filling the space with natural light with access to an oversized south facing balcony. Located within walking distance to excellent schools, playgrounds, FreshCo, Shoppers Drug Mart, & Timmy's makes daily life a breeze. With secure entry, easy access to public transportation, parks & dining options, this condo offers the perfect blend of comfort & convenience. Don’t miss this opportunity, priced to sell! One designated assigned outdoor parking spot. Some images have been virtually staged.

3851 76 Street Unit 4, Edmonton
1096 Millbourne Road, Edmonton

Courtesy of Micah Pelster of Realty Focus.

$213,900
3 Beds ⋅ 1 Baths ⋅ E4500622 MLS® # ⋅ Millbourne Green BLDG. ⋅ Micah Pelster
Forget cookie-cutter—this townhouse has PERSONALITY! Fresh, stylish, and completely MOVE-IN READY, this south-facing home is filled with natural light from the moment you walk in. The UPDATED INTERIOR features modern flooring throughout, refreshed bathrooms with elegant designer-inspired finishes, and a bright kitchen that flows seamlessly into the dining area. Step outside to your FULLY FENCED, low-maintenance backyard—perfect for morning coffee, pets, or summer BBQs. Upstairs offers three generous bedrooms and a beautifully renovated full bath, while the fully finished basement provides the flexibility for a family room, home office, gym, or play space. The SINGLE ATTACHED GARAGE offers room for two compact vehicles or extra storage. Whether you're searching for your first home, your next home, or a smart addition to your investment portfolio, this one checks all the boxes. Great location, great layout, and ready for its next chapter!

1096 Millbourne Road, Edmonton
3819 76 Street Unit 4, Edmonton

Courtesy of Michelle A Plach of HonestDoor Inc.

$189,000
2 Beds ⋅ 1 Baths ⋅ E4482967 MLS® # ⋅ Spruce Corner Villa BLDG. ⋅ Michelle A Plach
Visit the Listing Brokerage (and/or listing REALTOR®) website to obtain additional information. Large two bedroom unit located in well updated and maintained condo complex. Lots of natural light and a big balcony. This property is perfect for investors or first time owners.

3819 76 Street Unit 4, Edmonton
Start Your Search

MLS® System Data is made available from the REALTORS® Association of Edmonton. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data was last updated .

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

How much is your home worth?

Get instant property value now!