Edmonton Homes under $500,000

Welcome to Edmonton, the vibrant capital city of Alberta, where urban sophistication meets the charm of nature! Known for its rich history, diverse culture, and an abundance of green spaces, Edmonton is a city that caters to every lifestyle. Nestled on the North Saskatchewan River, this dynamic metropolis is home to a thriving arts scene, bustling festivals, and a strong sense of community.

One of the most appealing aspects of Edmonton is its diverse housing market, particularly for those seeking homes under $500,000. Whether you are a first-time buyer, a growing family, or looking to invest, Edmonton offers a plethora of options that won't break the bank. From cozy bungalows in established neighborhoods to modern townhouses in up-and-coming areas, there’s something for everyone.

Imagine settling into a charming home in neighborhoods like Strathcona or Garneau, where tree-lined streets and local cafes are just a stone’s throw away. Or perhaps you prefer the family-friendly atmosphere of the suburbs, with spacious yards and access to excellent schools. With a budget of $500,000, you can find properties that boast contemporary designs, ample living space, and proximity to parks and recreational facilities.

Edmonton's strong economy, coupled with its affordable housing options, makes it an ideal place to call home. With a vibrant community spirit and a wealth of amenities, you’ll find that living in Edmonton is not just about owning a home; it’s about embracing a lifestyle filled with opportunities. Discover your perfect home in Edmonton today, and let this remarkable city welcome you with open arms!

Newest Edmonton Homes under $500,000

Courtesy of Diana Wong of REMAX River City.

$99,800

1 Beds ⋅ 1 Baths ⋅ E4511736 MLS® # ⋅ Edon's Place BLDG. ⋅ Diana Wong

Welcome to this charming and affordable 1-bedroom, 1-bathroom condo ideally located just steps from Whyte Avenue in the heart of Edmonton! Perfect for first-time buyers, young professionals, or savvy investors, this well-situated unit offers unbeatable value in one of the city’s most vibrant neighbourhoods. Inside, you’ll find a functional open-concept layout with a bright living space, a spacious bedroom, and a full 4-piece bathroom. The kitchen provides ample cabinetry and flows seamlessly into the dining and living areas—ideal for both everyday living and entertaining. Enjoy the convenience of being within walking distance to trendy cafes, restaurants, shopping, nightlife, and public transit, as well as quick access to the University of Alberta and downtown. Whether you’re looking for a place to call home or a solid rental property, this condo checks all the boxes. Affordable, well-located, and full of potential—don’t miss this opportunity to own in one of Edmonton’s most sought-after areas!

10160 83 Avenue Unit 306, Edmonton

Courtesy of Darren W Leew of Logic Realty.

$189,900

2 Beds ⋅ 2 Baths ⋅ E4511734 MLS® # ⋅ Metropol The BLDG. ⋅ Darren W Leew

Edmonton's Wîhkwêntôwin neighbourhood has earned a spot in Maclean's magazine's list of Canada's coolest neighbourhoods." Can't beat this vibrant location...it's a five minute walk to Edmonton's beautiful river valley, downtown restaurants and shops, the stunning Legislature grounds, and a quick commute to the UofA. Experience contemporary living at its finest in this artistic modern condominium, where sophisticated design meets everyday comfort. Step into an open concept living space which is perfect for all your entertaining needs. Featuring 9 ft ceilings, air conditioning, gas fireplace, large windows, and balcony to enjoy your morning coffee. Complete with 2 bedrooms, 2 full bathrooms, insuite laundry, underground heated parking, and a locked storage area in front of parking stall. This property is a must see

11415 100 Avenue Unit 206, Edmonton

Courtesy of Chris L Miller of Stone and Sling Realty Group.

$174,900

2 Beds ⋅ 1 Baths ⋅ E4511733 MLS® # ⋅ Glengarry Court BLDG. ⋅ Chris L Miller

Check out this 2-bedroom townhouse offering a smart layout, comfortable living space, and valuable mechanical upgrades & Park like views! The main floor features a corner kitchen and eat in dining space, spacious living room, and plenty of natural light through the large east/west facing windows, while upstairs you’ll find 2 generously sized bedrooms and a full 4-piece bathroom. The partly finished basement adds flexible space for a family room, home office, gym, or future development and the full size laundry room. Major upgrades include a newer Furnace and HOT WATER ON DEMAND system, helping provide efficient, reliable comfort. Enjoy the peaceful, park-like common area along with one assigned powered parking stall. Conveniently located close to Northgate Mall, schools & spray park, shopping, transit, this home is a great opportunity for first-time buyers, invstors looking for affordable ownership with room to personalize.

13307 89a Street, Edmonton

Courtesy of Sally Munro of Century 21 Masters.

$209,900

2 Beds ⋅ 2 Baths ⋅ E4511729 MLS® # ⋅ Rutherford Place BLDG. ⋅ Sally Munro

Location Location Location in Garneau. Quiet tree lined street & walking distance to Whyte Avenue, U of A & Hospital. 2 beds 2 baths 1 surface covered stall. Well managed and maintained. Walk to restaurants & a vibrant night life where shopping & all amenities are close by. Transportation to downtown, NAIT, MacEwan University & the University of Alberta! This bright corner unit natural light lots of windows large balcony. newer laminate flooring throughout, updated kitchen new backsplash, new dishwasher & fridge. The lovely 2 bedroom, 2 bath condo with corner gas fireplace, in-suite laundry & covered parking is the perfect investment in the area. The west facing balcony nestled in Garneau with ' towering trees. move in ready quick possession available. Be quick. Ownership is the best investment.

8503 108 Street Unit 203, Edmonton

Courtesy of Juliana M Salvador of 2% Realty Pro.

$170,000

2 Beds ⋅ 2 Baths ⋅ E4511721 MLS® # ⋅ Park Place Hamptons BLDG. ⋅ Juliana M Salvador

QUICK POSSESSION!! Live in one of West Edmonton’s sought-after communities, The Hamptons. This beautifully renovated 2 bedroom, 2 bathroom MAIN floor condo is LIKE NEW with brand new appliances, fresh paint, new flooring- EVERYTHING DONE! Unit is located close to the main doors for convenience. Inside, you’ll find a bright open-concept layout with a spacious living room and large windows bringing in plenty of natural light. Both bedrooms are generously sized, including a primary suite with its own full ensuite with a walkthrough closet. Enjoy the ease of in-suite laundry with a massive storage room, TWO titled parking stalls and a well kept common area. Location is close to public transportation, steps from amenities like grocery shops and restaurants and quick access off the Henday and Whitemud making this an easy to live in or rent property!

5350 199 Street Unit 103, Edmonton

309 Clareview Station Drive Unit 308, Edmonton

Courtesy of Marianne Horvat of REMAX River City.

$182,900

2 Beds ⋅ 2 Baths ⋅ E4511716 MLS® # ⋅ Avenue At Clareview BLDG. ⋅ Marianne Horvat

Perfect for a first-time home buyer, down sizer or investor looking for a place in the heart of Clareview. This bright 2-bedroom, 2-bath condo offers a functional open-concept layout. Good sized kitchen, dining, and living areas flow seamlessly onto the balcony, complete with gas BBQ hookup. The unit includes a titled underground parking stall for year-round comfort. The building features an exercise room on the main floor. Conveniently located close to the Clareview LRT, Superstore, Costco, Community Rec center. A great opportunity to live in this highly connected community. Quick possession is available.

309 Clareview Station Drive Unit 308, Edmonton

Courtesy of Tushar Bhutani of Century 21 Quantum Realty.

$169,900

1 Beds ⋅ 1 Baths ⋅ E4511715 MLS® # ⋅ West Secord BLDG. ⋅ Tushar Bhutani

Welcome to this beautifully designed 1-bedroom, 1-bathroom condo featuring the sought-after Lykke floor plan by StreetSide Developments. Offering approximately 565 sq. ft. of thoughtfully designed living space, this modern unit showcases stylish vinyl plank flooring, quartz countertops throughout, stainless steel kitchen appliances, and contemporary two-tone cabinetry. The open-concept layout maximizes space and functionality, creating a bright and inviting atmosphere perfect for first-time buyers, downsizers, or investors. Enjoy low-maintenance living in a vibrant community with convenient access to shopping, dining, parks, walking trails, and major commuter routes. An excellent opportunity to own a modern home with quality finishes and exceptional value.

860 Secord Boulevard Unit 206, Edmonton

Courtesy of Tushar Bhutani of Century 21 Quantum Realty.

$169,900

1 Beds ⋅ 1 Baths ⋅ E4511714 MLS® # ⋅ West Secord BLDG. ⋅ Tushar Bhutani

860 Secord Boulevard Unit 102, Edmonton

Courtesy of Yin Yu of Homes & Gardens Real Estate Limited.

$227,900

3 Beds ⋅ 1 Baths ⋅ E4511711 MLS® # ⋅ Greenwood Grove BLDG. ⋅ Yin Yu

Welcome to this beautifully upgraded 3-bedroom townhouse in the well-established, family-friendly community of Meyonohk! This move-in-ready mid-unit home offers an excellent opportunity for first-time home buyers, investors, or anyone looking for a low-maintenance property with great value. Major updates completed in 2026 include a BRAND-NEW furnace and hot water tank, providing added comfort and peace of mind. The home features three spacious bedrooms, one full bathroom, and a practical layout designed for everyday living. Ideally located close to schools, shopping, transit, parks, and everyday amenities, this is a fantastic opportunity to own an affordable home in one of Mill Woods' established neighbourhoods. Don't miss this turnkey property—just move in and enjoy! (5 photos are virtual staged)

1679 Lakewood Road, Edmonton

Courtesy of Janeen Tinker of MaxWell Devonshire Realty.

$379,900

3 Beds ⋅ 2 Baths ⋅ E4511710 MLS® # ⋅ Janeen Tinker

Welcome to Minchau, a peaceful community of wide streets and mature trees, all within walking distance to schools. This beautiful home greets you with a classic white kitchen finished with stainless steel appliances and a breakfast bar overlooking the backyard, a large living room and dining room made for family dinners and entertaining and a convenient 2 piece bath on the main floor. Upstairs, three good size bedrooms await, including a primary retreat with access to a gorgeous bathroom featuring a walk in shower and dual sinks. Updates over the years include windows, doors, roof and a high efficiency furnace. Downstairs, a large family room with a gas fireplace is the perfect spot to cozy up, complemented by a newer 4 piece bathroom with a soaker tub. Step outside to a large backyard with a covered deck, ideal for summer evenings. Easy access to the Henday, Whitemud, Millwoods Rec Centre and all amenities. An absolute gem!

4528 35 Avenue, Edmonton

Courtesy of Shamalan Naidu of Century 21 Masters.

$500,000

4 Beds ⋅ 2 Baths ⋅ E4511709 MLS® # ⋅ Shamalan Naidu

Beautifully appointed 2 storey home tucked away in a private MacEwan cul-de-sac. Main floor is designed for everyday living & entertaining, featuring hardwood floors, versatile flex/office space, 2 piece powder room, main floor laundry & a spacious kitchen with granite counters, raised eating bar, recessed lighting & butler pantry. The dining area opens directly to a spectacular 27ft x 11ft trellised deck with gas line & private, beautifully landscaped backyard. A mantled gas fireplace creates a warm focal point in the living room. Upstairs offers 3 bedrooms, a bonus room & 4 piece bath, with a spacious primary suite featuring a walk-in closet & 4 piece ensuite. The 95%-finished basement adds a theatre room, media/recreation space, 4th bedroom & roughed-in plumbing for a 4th bathroom for full completion. Walk to MacEwan Park & enjoy easy access to Heritage Valley Park & Ride, shopping, eateries & pathways. Roof (2025), Furnace (2025), AC (2024), Water Tank (2023). Newer Appliances incl. Don't Miss Out.

2750 Miles Place, Edmonton

Courtesy of Janeen Tinker of MaxWell Devonshire Realty.

$174,900

2 Beds ⋅ 2 Baths ⋅ E4511708 MLS® # ⋅ Elements At Windermere BLDG. ⋅ Janeen Tinker

Welcome to Windermere, one of Edmonton’s most desirable communities! Offering 2 bedrooms, 2 full bathrooms and a functional layout, there’s room to relax, work from home, or host friends and family. In-suite laundry adds everyday convenience, while underground parking protects your vehicle from the elements year round. Quick connections to the Anthony Henday and Terwillegar Drive make commuting simple, and the Edmonton International Airport is a short drive away. Enjoy nearby golf courses, walking trails and quick access to shopping, dining, and amenities at Currents of Windermere. Whether you’re a first-time buyer, downsizing, or an investor, this move-in-ready unit offers the ultimate combination of value, location, and low-maintenance living.

344 Windermere Road Unit 330, Edmonton

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