Terrace Heights (Edmonton) Homes under $500,000

Welcome to Terrace Heights, a charming community nestled in the vibrant city of Edmonton, Alberta. Known for its picturesque landscapes and welcoming atmosphere, Terrace Heights offers a perfect blend of suburban tranquility and urban convenience. This family-friendly neighborhood is characterized by its tree-lined streets, well-maintained parks, and a strong sense of community spirit, making it an ideal place to call home.

One of the standout features of Terrace Heights is its accessibility to various amenities. Residents enjoy close proximity to schools, shopping centers, and recreational facilities, ensuring that everything you need is just a stone's throw away. The nearby scenic river valley provides ample opportunities for outdoor enthusiasts, with trails for walking, jogging, and cycling, as well as stunning views that make every outing a delight.

For those seeking affordable housing options, Terrace Heights is an exceptional choice. With a variety of homes available under $500,000, potential buyers can find charming bungalows, cozy two-storey homes, and modern condos that cater to diverse lifestyles. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, there’s a perfect fit for everyone in this thriving community.

In addition to its affordability, Terrace Heights is known for its friendly neighbors and active community events that foster connections and create lasting memories. From summer barbecues to seasonal festivals, there’s always something happening that brings residents together.

Discover the warmth and charm of Terrace Heights, where community spirit meets affordable living in the heart of Edmonton. Your dream home awaits!

Newest Terrace Heights (Edmonton) Homes under $500,000

Courtesy of David J Schmitz of REMAX River City.

$424,900

3 Beds ⋅ 1 Baths ⋅ E4508284 MLS® # ⋅ David J Schmitz

Welcome to this spacious 3-bedroom bungalow in the desirable Terrace Heights community, offering plenty of space, natural light & appeal. The home features a number of valuable updates, including the kitchen with stainless steel appliances, crown molding, windows, shingles & hot water tank. The main floor offers a comfortable layout with generous living space & plenty of windows to fill the home with sunshine. The full basement provides excellent opportunity for future development, with a separate entrance & potential for a future basement suite. Outside, enjoy the fenced yard with landscaping & a paved lane leading to the oversized single garage. Ideally located close to schools, shopping, public transportation, downtown & the University of Alberta, this is a great opportunity to make this spacious bungalow your own in a mature Edmonton neighbourhood.

7304 98a Avenue, Edmonton

Courtesy of Brent MacIntosh of REMAX River City.

$415,000

5 Beds ⋅ 2 Baths ⋅ E4505796 MLS® # ⋅ Brent MacIntosh

Two distinct living spaces in one exceptional Terrace Heights location. Warm character and evident pride of ownership give the main level an inviting feel all its own. This well-maintained 1959 bungalow offers a bright, self-contained basement living area with two bedrooms, large windows and its own mailing address, creating flexible space for extended family, guests or students. A permit exists for the basement development; however, City records do not confirm approval as a secondary suite. Set on a mature, tree-lined street just steps from Fulton Ravine and Edmonton's river valley trails, the home offers convenient access to downtown, transit, schools, universities, colleges, parks and everyday amenities. Updated mechanical systems provide added peace of mind, while the double garage completes the package. Whether you're buying your first home, accommodating family or looking for versatile living space, this property offers flexibility that is hard to find. Some Photos have been virtually staged.

10138 74 Street, Edmonton

Courtesy of Ray Elwenni of Royal Lepage Arteam Realty.

$450,000

4 Beds ⋅ 2 Baths ⋅ E4503349 MLS® # ⋅ Ray Elwenni

Welcome to this charming bungalow in the desirable community of Terrace Heights, situated on a large corner lot and offering plenty of space inside and out. This well-maintained home features 4 spacious bedrooms, 2 full bathrooms and a fully finished basement. The main floor offers a huge, inviting living room with an electric fireplace, a spacious kitchen with stainless steel appliances and a bright dining area surrounded by a beautiful bay window. Two generously sized bedrooms and a full bathroom complete the main level. The fully finished basement provides an expansive recreation area, 2 additional large bedrooms, a full bathroom and plenty of additional living space. Outside, enjoy the beautifully landscaped yard, rear patio area and double detached garage. The home has seen numerous upgrades over the years, including newer windows, shingles, cabinetry and flooring, along with a recently renovated basement bathroom. A fantastic move-in-ready home in a great central location.

10151 71 Street, Edmonton

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