Caernarvon Homes under $200,000

Welcome to Caernarvon, a charming and vibrant community nestled in the heart of Edmonton, Alberta. Known for its friendly atmosphere and strong sense of community, Caernarvon is the perfect place for families, first-time homebuyers, and anyone looking to enjoy the beauty of suburban living without breaking the bank.

One of the standout features of Caernarvon is its affordability. With homes available for under $200,000, this neighborhood offers an exceptional opportunity for those looking to invest in real estate without the stress of soaring prices. Here, you can find a variety of housing options, from cozy townhomes to spacious condos, all designed to meet the needs of modern living while maintaining a warm, inviting feel.

The community is well-equipped with amenities, including parks, schools, and shopping centers, making it easy for residents to access everything they need within minutes. Families will appreciate the nearby schools that provide quality education, while local parks and recreational facilities offer ample opportunities for outdoor activities and family fun.

Caernarvon is also conveniently located, with easy access to major roadways and public transit, allowing for quick commutes to downtown Edmonton and surrounding areas. Whether you’re looking to explore the vibrant city life or enjoy the tranquility of suburban living, Caernarvon strikes the perfect balance.

Embrace the charm of Caernarvon, where affordable homes and a welcoming community await you. Discover your new home today and become part of this delightful neighborhood!

Newest Caernarvon Homes under $200,000

Courtesy of Tatum Fitton of ComFree.

$170,000

2 Beds ⋅ 1 Baths ⋅ E4509062 MLS® # ⋅ Cedar Grove BLDG. ⋅ Tatum Fitton

Immaculately maintained bi-level home offering a functional layout with two bedrooms and convenient laundry/storage areas on the lower level. Updated vinyl plank flooring throughout in 2025–2026 adds a fresh, modern finish. The furnace and hot water tank were replaced in 2024, while the bathroom was also updated in 2024 with stylish tile, a new sink, and a soaker tub. The living room features distinctive open-beam ceilings and an electric fireplace, creating a warm and inviting atmosphere. Foundation repairs were completed in December 2025, and the bedrooms were fully renovated in 2026. Outside, enjoy a spacious & private deck overlooking a large green space, providing an inviting spot for outdoor dining & relaxation & room for BBQing and patio furniture, along with a wrap around flower garden featuring established perennials. Condo fees include water, one conveniently located energized parking stall, management fees and landscaping maintenance.

14622 118 Street, Edmonton

Courtesy of Jesse Parker of Liv Real Estate.

$169,900

2 Beds ⋅ 1 Baths ⋅ E4501367 MLS® # ⋅ Northwoods Village BLDG. ⋅ Jesse Parker

Enjoy the green space without the yard work in Northwoods Village! This half-duplex-style, bi-level condo combines mature trees and well-maintained grounds with convenient access to schools, Castle Downs Arena, parks, and walking trails. A vaulted open-beam ceiling adds character and an airy feel to the bright living and dining areas. The gated deck off the kitchen/dining area is ideal for pets or young children, with added storage underneath. The lower level offers a nice separation with two bedrooms. Fresh paint, a brand-new dishwasher, and a furnace and hot water tank replaced in 2025 add peace of mind. Your powered parking stall is conveniently located right outside the door, with visitor parking nearby. A standout bonus: condo fees include water and sewer! Fees also cover landscaping, snow removal, professional management, and maintenance and repair services for the complex, including windows, doors, roofing, plumbing, and electrical. Spend less time on upkeep and more time loving where you Liv.

60 Northwoods Village, Edmonton

Courtesy of Garett D Mclean of MaxWell Progressive.

$174,900

2 Beds ⋅ 1 Baths ⋅ E4495776 MLS® # ⋅ Northwoods Village BLDG. ⋅ Garett D Mclean

Welcome to 11 Northwoods Village! This stylish 2-bedroom half duplex condo has been updated, making it truly move-in ready. Past improvements include the roof, siding, furnace, hot water tank, flooring, paint, lighting, kitchen, screen doors, and a cozy remote-controlled natural gas fireplace. The bright, airy living room showcases soaring open-beam vaulted ceilings, creating a warm and inviting space to relax or entertain. Outside, enjoy your private deck, an energized parking stall directly behind the unit, and additional parking right at your front door. Set in a quiet, established neighborhood, you'll love being within walking distance of schools, Beaumaris and Roundel Lakes, parks, walking trails, the YMCA, Castle Downs Arena, and the Edmonton Public Library. Whether you're a first-time buyer, downsizer, or investor, this beautifully updated home offers comfort, convenience, and outstanding value.

11 Northwoods Village, 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.