Montrose (Edmonton) Homes under $500,000

Montrose (Edmonton) Homes under $500,000

Welcome to Montrose, a vibrant and welcoming community nestled in the heart of Edmonton, Alberta. Known for its friendly atmosphere and rich cultural tapestry, Montrose offers a perfect blend of urban convenience and suburban tranquility. This charming neighborhood is ideal for families, young professionals, and anyone looking for a close-knit community feel.

One of the standout features of Montrose is its accessibility. With well-connected public transport and major roadways nearby, commuting to downtown Edmonton or surrounding areas is a breeze. Residents can enjoy the convenience of local amenities, including parks, schools, and shopping centers, all within a short distance. The community’s green spaces, such as Montrose Park, provide ample opportunity for outdoor activities, family picnics, and leisurely strolls.

For those seeking their dream home without breaking the bank, Montrose offers an impressive selection of properties priced under $500,000. From charming bungalows to modern duplexes, there’s something to suit every taste and budget. These homes are not only affordable but also boast unique character and the potential for customization, making them perfect for first-time buyers or those looking to invest in a growing community.

In Montrose, you’ll find a welcoming spirit and a sense of belonging that makes it easy to settle in and feel at home. With its affordable housing options and a wealth of community amenities, Montrose is not just a place to live; it’s a place to thrive. Come explore this hidden gem in Edmonton and discover the perfect home for you!

Newest Montrose (Edmonton) Homes under $500,000

11946 70 Street, Edmonton

Courtesy of Al Dredge of RE/MAX Real Estate.

$289,900
4 Beds ⋅ 2 Baths ⋅ E4512719 MLS® # ⋅ Al Dredge
Charming raised bungalow with separate outside entrance to basement. Beautiful treed lined street close to the river valley and downtown. 2 bedrooms upstairs and a 1 bedroom illegal [no permit] suite down. Comfortable living room; great kitchen with patio doors to a private deck; and a 4 piece bath upstairs [pictures have been virtually staged]. Downstairs has big, bright windows and a common laundry area. The basement features a kitchen with gas stove, a cozy bedroom, a sitting room and a full bathroom. All this is on a 41' x 126' fully fenced lot. Plus there is a detached double car garage. So, if you are looking for an affordable home, look no further.

11946 70 Street, Edmonton
11836 62 Street, Edmonton

Courtesy of Christie L Bergman of MaxWell Progressive.

$349,900
3 Beds ⋅ 2 Baths ⋅ E4512514 MLS® # ⋅ Christie L Bergman
Fantastic bungalow in the heart of Montrose, tucked along a beautiful tree lined street! Recent renovations bring a fresh, modern feel with updated bathrooms, flooring, paint and lighting throughout. The main floor features a modern kitchen, convenient main floor laundry, two good sized bedrooms and a beautifully updated bathroom. The lower level offers fantastic additional living space with a kitchen, bedroom, spacious living room, bathroom and large laundry room, providing plenty of flexibility for extended family or guests. Stay comfortable all summer with central air conditioning. Outside, you will love the oversized double heated garage, along with plenty of additional parking. A fantastic opportunity in an established central Edmonton neighbourhood.Some photos have been virtually staged.

11836 62 Street, Edmonton
11947 67 Street, Edmonton

Courtesy of Zach Kohn of MaxWell Progressive.

$414,900
4 Beds ⋅ 3 Baths ⋅ E4512135 MLS® # ⋅ Zach Kohn
Welcome to this well-maintained 2013-built bi-level in Montrose. Offering over 1,100 sq. ft. above grade, this 4-bedroom, 3-bathroom home sits on a corner lot with a double detached garage. The main level features vaulted ceilings, hardwood floors, and a functional layout with great natural light. The finished basement adds valuable living space and includes a side entrance. Currently rented to reliable tenants paying $2,300/month plus utilities, providing immediate rental income. Enjoy a family-friendly location with parks and schools within walking distance, along with convenient access to nearby amenities. A versatile opportunity for homeowners or investors seeking rental income in Montrose.

11947 67 Street, Edmonton
12023 67 Street, Edmonton

Courtesy of Daniela Palazzo of Grand Realty.

$316,800
2 Beds ⋅ 1 Baths ⋅ E4511632 MLS® # ⋅ Daniela Palazzo
Unlock the potential of this well located 50 ft by 130 ft (approx.) property in the mature and desirable community of Montrose. Offered primarily for lot value, this property presents an exciting opportunity for investors, developers or those looking to build in an established neighbourhood. Preliminary plans for a potential 7-plex investment property are available, providing a head start for exploring development possibilities. Enjoy the best of established community living with mature, tree-lined streets and convenient access to a wide range of amenities including golf, restaurants, shopping, and playgrounds. Easy reach to Wayne Gretzkey Drive and the Yellowhead provides excellent connectivity throughout the area. Currently rented to tenants willing to stay providing rental income while you plan your future development.

12023 67 Street, Edmonton
11922 69 Street, Edmonton

Courtesy of Frank Filice of Royal Lepage Arteam Realty.

$259,000
5 Beds ⋅ 1 Baths ⋅ E4511562 MLS® # ⋅ Frank Filice
This 5 bedroom semi bungalow home has newer shingles and single garage. Features include original hardwood with charming south facing windows. Two bedrooms and 3 pc bath on main with some upgrading in kitchen. Semi Private rear entrance to basement, which comes complete with three bedrooms, 2 pc bath and excellent large windows. New hot water tank, private backyard total of five parking spots, including in the garage. Property is located on the nicest street in the whole area with lovely tree lined street, nice properties all around. Santa Rosa Park and rink and competitive baseball diamond all walking distance from this home…

11922 69 Street, Edmonton
12020 63 Street, Edmonton

Courtesy of Mathew T Haupt of Exp Realty.

$325,000
3 Beds ⋅ 2 Baths ⋅ E4511233 MLS® # ⋅ Mathew T Haupt
PRIME MULTI-FAMILY DEVELOPMENT OPPORTUNITY! Exceptional 8,105 sq. ft. (753 m² / 0.19 acre) double lot offering approximately 66 ft of frontage x 123 ft of depth. An outstanding opportunity for builders, investors and developers looking for a substantial infill site with strong redevelopment potential. The property may be well suited for a multi-family development utilizing the MLI Select program, subject to approvals and program requirements. The existing single-family home is livable and in good condition, offering the ability to hold or generate income while future development plans are pursued. A rare opportunity to secure a large, versatile development parcel with an existing residence in place.

12020 63 Street, Edmonton
11901 63 Street, Edmonton

Courtesy of Joshy Madassery of Kairali Realty Inc..

$249,900
4 Beds ⋅ 2 Baths ⋅ E4509902 MLS® # ⋅ Joshy Madassery
An excellent opportunity for investors, builders and renovators to secure a detached property on a 33' x 123' corner lot in the established community of Montrose. Offering strong value-add potential, this property may suit renovation, rental, long-term holding or future redevelopment, subject to applicable zoning and municipal approvals. The bi-level home features a functional layout, a fully finished basement with large windows, a spacious family room, a large deck, a fenced yard and convenient back-lane access. Ideally positioned across from a school and playground, the property is also within easy reach of Concordia University of Edmonton, river valley trails, parks, public transit, shopping and daily amenities. Mature surroundings and convenient access to major roadways add to the appeal for both investors and future occupants. Property is being SOLD AS IS, WHERE IS, with no representations or warranties. A strong value-add opportunity in a mature Edmonton neighbourhood.

11901 63 Street, Edmonton
11841 71 Street, Edmonton

Courtesy of Ian Elliott of Exp Realty.

$299,900
4 Beds ⋅ 2 Baths ⋅ E4509489 MLS® # ⋅ Ian Elliott
INVESTORS, TAKE NOTE! An affordable opportunity to own an extensively remodeled 4-bedroom property with a LEGAL basement suite and the rare advantage of separately metered utilities for each level. Generate rental income from two self-contained living spaces while keeping utility expenses separately accounted for. Ideally located close to Concordia University, Northlands, and Downtown, offering excellent tenant appeal and convenience. Each level features 2 bedrooms, a spacious living room, a well-sized kitchen with built-in dishwasher, and an updated bathroom. Upgrades include siding, windows, exterior improvements, and on-demand hot water. Large rear entry provides additional usable space, including a bonus area on the lower level. An affordable, income-producing investment with two legal living spaces and strong rental potential. An opportunity to add value and rental income to your portfolio!

11841 71 Street, Edmonton
11911 70 Street, Edmonton

Courtesy of Tony C Osarenkhoe of Exp Realty.

$399,900
4 Beds ⋅ 2 Baths ⋅ E4508318 MLS® # ⋅ Tony C Osarenkhoe
Welcome to this beautifully updated raised bungalow offering over 1,800 sq. ft. of living space! Large windows fill the main floor with natural light, highlighting stylish vinyl flooring and spacious living and dining areas. 3 generously sized bedrooms and a newly updated bathroom complete the main level. With a separate entrance and a second kitchen, the basement offers added flexibility, along with vinyl plank flooring throughout, a large recreation room, an additional bedroom, and a four-piece bathroom—providing plenty of room to relax, entertain, or accommodate guests. Extensive upgrades include new windows, shingles, and hot water tank. Outside, enjoy a fully fenced backyard and a double garage. Located steps from parks, schools, and shops, with quick access to Yellowhead Trail, this home offers exceptional value for first-time buyers and investors alike.

11911 70 Street, Edmonton
11825 67 Street, Edmonton

Courtesy of Brenda L King of KIC Realty.

$199,900
3 Beds ⋅ 2 Baths ⋅ E4507471 MLS® # ⋅ Brenda L King
Redevelopment Opportunity for an investor or a chance for a first-time buyer to add equity to this sold AS IS home, needing substantial work. The unpermitted secondary suite with a separate entrance was assigned an address by the City of Edmonton in the 50s. Double detached garage. 100-amp service. 2 bedrooms, 1 bath upper suite plus separate 1 bedroom, 1 bath lower suite. Roof, furnace, and some windows are newer. Beautiful tree-lined street location providing many nearby amenities, including a rec centre & library. 33' x 127' lot size. Redevelop, or fix it up and let it keep its character. Don't delay!

11825 67 Street, Edmonton
11929 63 Street, Edmonton

Courtesy of Arpit Gupta of MaxWell Devonshire Realty.

$425,000
3 Beds ⋅ 2 Baths ⋅ E4506474 MLS® # ⋅ Arpit Gupta
Welcome to Montrose! This 2 storey home feats 1785 sq ft, 3 bedrooms, 2.5 baths, and double detached garage! Enjoy the open concept floor plan upon immediate entry. The hardwood floors take you through the bright living room to the gourmet kitchen offering breakfast island, stainless steel appliances, granite counter tops and ample cabinetry. Access the tiered deck, landscaped back yard and double detached garage off the formal dining area! To complete this level is the laundry area and 2 pce bath. The upper level holds the master suite with walk in closet and 5 pce ensuite. 2 additional bedrooms and full 4pce bath complete the upper level! The unfinished basement awaits your personal touch. Walking distance to K - 9 school, easy access to public transportation and close to many amenities, this is the perfect home for your family!

11929 63 Street, Edmonton
12010 66 Street, Edmonton

Courtesy of Samia M Seifeddine of RE/MAX Excellence.

$309,000
3 Beds ⋅ 2 Baths ⋅ E4505784 MLS® # ⋅ Samia M Seifeddine
FULLY RENOVATED raised bungalow with almost 1500 sq ft of living space! The main level features a ton of windows that flood the home with natural light; beautiful laminate floors; huge living & dining room; brand new kitchen with GRANITE countertops, white cabinets & St Steel appliances; new bathroom; and two good size bedrooms. Basement has SEPERATE ENTRANCE and boasts vinyl planks throughout, large recreation room, big bedroom, and another new four-piece bathroom. NEW windows, shingles, sidewalks, doors, exterior and interior paint, light fixtures, and more. Single garage in the fully fenced backyard, and extra parking in RV and on the street. Steps to parks, schools & shops, and quick access to Yellowhead Trail. Offered at a very affordable price for first-time buyers and investors alike. Don't miss out on this incredible opportunity!

12010 66 Street, Edmonton
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