Riverdale Homes under $500,000

Welcome to Riverdale, one of Edmonton’s hidden gems, where the charm of community living meets the beauty of nature. Nestled along the North Saskatchewan River, this picturesque neighborhood offers a serene escape from the hustle and bustle of city life, while still being conveniently close to downtown Edmonton. Riverdale is celebrated for its lush parks, scenic river views, and vibrant local culture, making it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Riverdale is its diverse range of homes available for under $500,000. Whether you’re searching for a cozy bungalow, a modern townhouse, or a character-filled heritage home, you'll find a variety of options that fit your budget without compromising on quality. Many properties in this price range boast charming architectural details, spacious layouts, and private outdoor spaces, perfect for enjoying the beautiful Alberta summers.

The community’s commitment to preserving green spaces is evident in its well-maintained parks and walking trails, which invite residents to explore the natural beauty surrounding them. Riverdale is also home to a strong sense of community, with local events, farmers' markets, and art festivals that bring neighbors together and foster lasting connections.

With its perfect blend of affordability, community spirit, and natural beauty, Riverdale is not just a place to live; it’s a place to thrive. Discover your dream home in this enchanting neighborhood today and become part of a community that truly feels like home.

Newest Riverdale Homes under $500,000

Courtesy of Dario Luah of MaxWell Challenge Realty.

$235,000

2 Beds ⋅ 1 Baths ⋅ E4512042 MLS® # ⋅ The View (Riverdale) BLDG. ⋅ Dario Luah

River valley views, the downtown skyline and beautifully renovated interiors define this 2-bedroom condo at The View in Riverdale. Enjoy a central Edmonton location near river valley trails, local cafés and downtown amenities. Soaring 10-foot ceilings and expansive windows frame the views and fill the open living area with natural light. The renovated kitchen features granite countertops, a generous island, abundant cabinetry and new appliances and hot water tank creating an inviting space for everyday living and entertaining. Hardwood floors and a corner electric fireplace add warmth, while the updated bathroom, central A/C and Hunter Douglas powered blinds enhance comfort. The second bedroom offers flexibility for a home office or guests, while in-suite laundry adds convenience. One titled heated underground parking stall and an included storage cage complete this thoughtfully updated home, pairing a memorable setting with effortless everyday living.

9503 101 Avenue Unit 412, Edmonton

Courtesy of Brett Finnie of Sterling Real Estate.

$274,999

2 Beds ⋅ 1 Baths ⋅ E4511901 MLS® # ⋅ The View (Riverdale) BLDG. ⋅ Brett Finnie

Perched above the River Valley in sought-after Riverdale, this loft-style 2-bedroom condo delivers the kind of view that sells itself. Bright, open, andstylish, it features soaring 10 ft ceilings, oversized windows, fresh paint, laminate flooring, air conditioning, in-suite laundry, and a beverage fridge. Thekitchen offers rich cabinetry, stainless steel appliances, stone countertops, and great function. Step onto the south-facing balcony to take in sweepingviews of the River Valley and downtown skyline, or pour a drink and enjoy free evening concerts at Louise McKinney Riverfront Park from home. You’llalso appreciate titled heated underground parking, private storage, secure entry, elevator access, and visitor parking. Just minutes to downtown, trails,shopping, transit, coffee shops, NAIT, MacEwan, the U of A, and only a 1-minute walk to the dog park, this is ideal for anyone wanting an active,connected, maintenance-free lifestyle in one of Edmonton’s most charming communities. Don’t miss it!

9507 101 Avenue Unit 414, Edmonton

Courtesy of Renee Y Brown of MaxWell Devonshire Realty.

$225,000

2 Beds ⋅ 1 Baths ⋅ E4510020 MLS® # ⋅ The View (Riverdale) BLDG. ⋅ Renee Y Brown

**WELCOME TO THE VIEW!** Downtown living meets thoughtful design in this beautifully updated home, professionally designed to create a stylish, cohesive space you’ll love coming home to. The building overlooks Louise McKinney Park and the River Valley, with an incredible network of scenic walking and biking trails just steps away. Inside, the kitchen was beautifully updated in 2026 with new cabinetry, complemented by newer fridge, dishwasher, washer & dryer (2022). Additional updates include flooring throughout (2015), fresh paint (2026), new light fixtures and a newer bathroom. The spacious primary bedroom offers plenty of room to unwind, while the versatile second bedroom is ideal as a guest room or home office. Murphy bed is negotiable. Step outside to your quiet, secluded balcony—your own peaceful retreat in the heart of downtown. Beautifully designed, extensively updated and offering so much value!

9503 101 Avenue Unit 202, Edmonton

Courtesy of John D Stobbe of Platinum Property Group Inc..

$399,000

1 Beds ⋅ 2 Baths ⋅ E4507413 MLS® # ⋅ John D Stobbe

OPPORTUNTIES KNOCK. The current house is a handyman special. Located on the south edge of sought-after Riverdale lies an exceptional opportunity for builders, developers, and visionary homeowners alike. Whether you’re dreaming of crafting a custom home or exploring future redevelopment potential, the possibilities here are compelling. Positioned within a secondary corridor, the property presents exciting upside, with potential for up-zoning, making it particularly attractive for forward-thinking investors and developers looking to capitalize on Edmonton’s evolving urban planning initiatives. Surrounded by tree-lined streets, established homes, and a strong sense of community, this location blends long-term stability with future growth potential.

10205 92 Street, Edmonton

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Riverdale Homes under $500,000

Newest Riverdale Homes under $500,000

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