Elmwood Park Homes under $500,000

Welcome to Elmwood Park, a hidden gem nestled in the heart of Edmonton, Alberta. This charming community is known for its welcoming atmosphere, tree-lined streets, and a strong sense of belonging among its residents. With a rich history and a diverse demographic, Elmwood Park offers a unique blend of urban convenience and suburban tranquility, making it an ideal place to call home.

One of the standout features of Elmwood Park is its affordability. Here, you can find a variety of homes under $500,000, making it an attractive option for first-time buyers, young families, and those looking to downsize. The housing market in Elmwood Park boasts a mix of styles, from cozy bungalows to modern two-storey homes, ensuring there’s something to suit every taste and lifestyle. With the potential for equity growth, investing in this community is a wise decision for anyone looking to settle in Edmonton.

In addition to its appealing homes, Elmwood Park is conveniently located near an array of amenities. Residents enjoy easy access to parks, schools, shopping centers, and public transit, making daily life a breeze. The nearby North Saskatchewan River Valley offers endless opportunities for outdoor recreation, including hiking, biking, and picnicking.

With a strong sense of community, Elmwood Park hosts various events throughout the year, fostering connections among neighbors and creating lasting memories. Whether you're seeking a vibrant community, affordable housing, or a peaceful retreat, Elmwood Park is the perfect place to start your next chapter. Come explore all that this delightful neighborhood has to offer!

Newest Elmwood Park Homes under $500,000

Courtesy of Dustin Batuik of Sterling Real Estate.

$449,900

6 Beds ⋅ 2 Baths ⋅ E4512089 MLS® # ⋅ Dustin Batuik

CORNER LOT with an 1,135 Sq.Ft RAISED Suited Bungalow *** 50 x 150" Lot *** RM (Medium Scale Residential) zoned whic allows for multi-unit residential development ranging from approximately 4 to 8 storeys. This property features a a legal Secondary Suite home that has an existing 3 bedroom Up & 3 Bedroom Down suite arrangement. Total Revenue between up & down totals $3,525/Month. Property has various upgrades including TWO Brand New Furnaces (2025), Hot water Heater, Vinyl floors, Kitchen updates and a Water Proofed basement worth $50,000 (2013). The property also has a Double Detached Garage & a Long term Upstairs tenant who caretakes the property. The zoning also allows for Daycare Services & other professional / commercial uses. This property maintains a Positive Cash flow & has a Coveted High Density Lot size & Zoning

8108 124 Avenue, Edmonton

Courtesy of Jeremy Desjardins Guillemette of Exp Realty.

$84,000

2 Beds ⋅ 1 Baths ⋅ E4511871 MLS® # ⋅ Regency Court BLDG. ⋅ Jeremy Desjardins Guillemette

INVESTORS & FIRST-TIME BUYERS, TAKE NOTE! Welcome to Regency Court in Elmwood Park! This FULLY RENOVATED 2-bedroom, 1-bathroom CORNER UNIT offers incredible value and opportunity. Bright and inviting, it features modern laminate and tile flooring, a stylish kitchen with stainless steel appliances, built-in dishwasher, contemporary fixtures, fresh paint, custom window coverings, and in-suite storage. Quietly tucked at the back of the building, this east-facing unit offers quick access to Yellowhead Trail, Wayne Gretzky Drive, NAIT, MacEwan University, Downtown, and the River Valley. Building updates include high-tech laundry machines, a newer water heater, and a new surveillance system. A fantastic opportunity to add to your investment portfolio or get into the market! DON'T MISS OUT!

12223 82 Street Unit 203, Edmonton

Courtesy of Shirley E Williams of Royal Lepage Premier Real Estate.

$259,900

2 Beds ⋅ 1 Baths ⋅ E4510997 MLS® # ⋅ Shirley E Williams

This is an excellent opportunity for investors, developers, and buyers looking to build in a desirable location. This approximately 820 sq. ft. bungalow offers 3 bedrooms, 1 bathroom with large walk in shower and sits on a generous 80 ft. x 80 ft. CORNER lot, providing significant potential for future redevelopment. Inside there is laminate flooring, a good size kitchen with stainless steel appliances and lots of cupboards. Fully fenced yard

12245 81 Street, Edmonton

Courtesy of Tatum Fitton of ComFree.

$349,900

3 Beds ⋅ 1 Baths ⋅ E4509213 MLS® # ⋅ Tatum Fitton

Welcome to 12225 81 Street NW, a 3-bedroom, 2-bathroom bungalow situated on a fully fenced corner infill lot in an established Edmonton neighbourhood. The home offers a functional single-level layout with comfortable living spaces and flexible bedroom options for family, guests, or a home office. The spacious backyard provides plenty of room to enjoy the outdoors, featuring a generous lawn area, dedicated garden space, storage sheds, and room for outdoor seating or entertaining. A heated detached double garage adds year-round convenience, while the corner lot provides additional space and an open feel. Conveniently located close to schools, shopping, amenities, and major routes.

12225 81 Street, Edmonton

Courtesy of Daniela Palazzo of Grand Realty.

$385,990

2 Beds ⋅ 1 Baths ⋅ E4508795 MLS® # ⋅ Daniela Palazzo

RARE INVESTMENT OPPORTUNITY!! Set on a massive 65 x 150 ft. lot (approx. 908 sq. m.) along a beautiful, tree-lined street, this property offers an outstanding opportunity to secure a substantial parcel of land with exciting future development potential. Not ready to develop yet? No problem - the property is currently rented, and the tenants are willing to stay, offering the potential for rental income while you plan your future development. The home has a good-sized kitchen, spacious bedrooms and a large living room with original hardwood under the laminate. It also offers potential for those looking to take on a fixer-upper project. The property also features a spacious double detached garage plus ample street parking. Ideally located close to shopping, schools, parks and the Yellowhead, offering convenient access for commuters travelling throughout the city. Being sold as-is, where-is, with the lot primarily being sold for its land and development potential.

12345 79 Street, Edmonton

Courtesy of Daniela Palazzo of Grand Realty.

$399,000

2 Beds ⋅ 2 Baths ⋅ E4508788 MLS® # ⋅ Daniela Palazzo

Exceptional redevelopment potential on a spacious 65' x 150' CORNER LOT! An excellent opportunity for investors, renovators or buyers looking to bring their vision to life. The existing cozy bungalow offers the convenience of having everything you need for everyday living on one level all situated on a beautiful tree-lined street. Enjoy a bright, spacious kitchen with a convenient dining nook and separate family/sitting area - perfect for entertaining while you cook. Two garages, including a double and a single, offer plenty of space for parking, storage, or hobbies. Features a massive, privately fenced yard with plenty of room for recreation and entertaining, plus a covered patio, offering sheltered outdoor enjoyment so the weather won’t get in the way! Just a short walk from nearby parks and only minutes from grocery stores, pharmacies, restaurants, and a variety of other amenities! Currently rented to a long-term tenant who would like to remain.

12309 80 Street, Edmonton

Courtesy of Jason C Hilborn of REMAX River City.

$329,900

3 Beds ⋅ 2 Baths ⋅ E4506296 MLS® # ⋅ Jason C Hilborn

Charming renovated bungalow in Elmwood Park! This home features a gorgeous modern main floor with vinyl windows, wide plank flooring, pot lighting, and more. The stylish kitchen offers grey soft-close cabinets and drawers, a tiled backsplash, beautiful quartzite counters, and quality appliances. Upstairs you’ll find two large bedrooms and a stunning bathroom complete with a faux stacked stone feature wall, clawfoot tub, modern fixtures, quartzite-topped vanity, and more. The fully finished basement includes a 4-piece bath, spacious den, rec room, and a huge additional room with window. Additional updates include newer furnace and A/C, a double detached garage, and a fully fenced yard.

12423 75 Street, Edmonton

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