Mckernan Homes under $700,000

Welcome to McKernan, a vibrant and inviting community nestled in the heart of Edmonton, Alberta. Known for its unique blend of charm and modernity, McKernan offers residents a delightful suburban lifestyle while remaining conveniently close to the bustling city center. With tree-lined streets, friendly neighbors, and a strong sense of community, this area is perfect for families, professionals, and anyone seeking a welcoming atmosphere.

One of the standout features of McKernan is its accessibility to amenities. Residents enjoy proximity to a variety of parks, schools, and local shops, making daily life both convenient and enjoyable. The community is also well-served by public transportation, allowing for easy commutes to downtown Edmonton and beyond. For those who appreciate the outdoors, nearby parks like the picturesque McKernan Park provide ample opportunities for recreation, picnicking, and leisurely walks.

When it comes to housing, McKernan shines with a selection of homes available for under $700,000. This makes it an attractive option for first-time homebuyers and those looking to invest in a growing community. Properties in this price range often feature charming character homes, modern townhouses, and spacious family residences, catering to a variety of tastes and needs.

Whether you’re drawn to the community’s rich history, its vibrant local culture, or the affordability of its homes, McKernan is a neighborhood that truly has something for everyone. Come and explore the possibilities of making this wonderful community your new home!

Newest Mckernan Homes under $700,000

Courtesy of Chris Proctor of Real Broker.

$550,000

4 Beds ⋅ 2 Baths ⋅ E4512062 MLS® # ⋅ Chris Proctor

A great home with 4 bedrooms and 2 bathrooms in one of Edmonton’s most walkable neighbourhoods, and the value here speaks for itself. This pretty two storey sits right in the heart of McKernan. Three bedrooms up, two updated full baths (one upstairs, one on the main), and a main floor that actually works for everyday life: a huge eat-in kitchen, a cozy living room with gas fireplace, and a large mudroom off the back entry for boots and bags. The basement is fully finished with a 4th bedroom, rec room and laundry. The primary bedroom is big enough to carve out an ensuite, a walk-in closet, or both, so there’s room to grow into and room to add value later. Double detached garage, stainless steel appliances, high-efficiency furnace, central air conditioning and a newer roof (2019) mean the heavy lifting is already done. McKernan LRT is a short walk away, with the U of A, Whyte Ave and the river valley just past that. Homes in McKernan with this much space and this location don’t last. Don’t miss out!

10968 75 Avenue, Edmonton

Courtesy of Paul M Blais of RE/MAX Excellence.

$699,900

3 Beds ⋅ 3 Baths ⋅ E4511200 MLS® # ⋅ Paul M Blais

Stunning half-duplex in McKernan, tucked away on a quiet tree-lined street and offering bright, modern living across three finished levels. The open-concept main floor features a spacious living room with electric fireplace that flows into the modern kitchen with quartz countertops, stainless steel appliances and an eat-up bar, along with a generous dining area. Upstairs are 2 bedrooms, including the spacious primary with an ensuite & walk-in closet, plus full bathroom and convenient same-level laundry. The finished basement adds a large family room, 3rd bedroom and full bathroom. Outside, enjoy a low-maintenance backyard with a large patio designed for entertaining or relaxing. Complete with A/C and a double detached garage, all close to the U of A, Whyte Avenue, restaurants, cafés and the best of central Edmonton.

11207 78 Avenue, Edmonton

Courtesy of Liam E Whalen of Exp Realty.

$595,500

4 Beds ⋅ 2 Baths ⋅ E4510390 MLS® # ⋅ Liam E Whalen

Welcome to this charming one and a half storey home in the mature community of McKernan! MOVE IN READY and full of potential, this property is ideal for homeowners, investors or those looking toward future redevelopment. The main floor features an UPDATED KITCHEN (2018), a bright living room with a cozy WOOD BURNING FIREPLACE, a spacious bedroom and a 4-piece bathroom. Upstairs offers two additional bedrooms, while the FULLY FINISHED BASEMENT includes a SECOND KITCHEN, living room, bedroom, 3-piece bathroom and shared laundry area- perfect for added flexibility. Recent upgrades include a NEW FURNACE (2022), NEW SHINGLES (2025) and VINYL WINDOWS. Situated on a generous 47' x 130' lot in one of Edmonton's most sought-after mature neighborhoods, this is an outstanding opportunity with endless possibilities!!

11230 75 Avenue, Edmonton

Courtesy of Calvin R Hexter of Exp Realty.

$540,000

4 Beds ⋅ 3 Baths ⋅ E4508037 MLS® # ⋅ Calvin R Hexter

INVESTMENT OPPORTUNITY in one of Edmonton's most sought-after MATURE NEIGHBOURHOODS! Situated on a LARGE LOT in desirable MCKERNAN, this property offers exceptional value with a MODERN, SELF-CONTAINED GARAGE SUITE already in place. The suite features 1 BEDROOM + DEN, 2 BATHROOMS, IN-SUITE LAUNDRY, and a bright, functional layout ideal for rental income, guest accommodations, or multi-generational living. The newer garage suite provides immediate living or rental potential, while the existing home is sold AS IS, WHERE IS. Whether you're an investor, builder, or future homeowner, the property offers outstanding value. Located just minutes from the UNIVERSITY OF ALBERTA, LRT, Whyte Avenue, river valley trails, and major employment hubs, the rental appeal is undeniable. Whether you're looking to generate income immediately, hold for future redevelopment, or secure a premium lot in a high-demand area, this property offers FLEXIBILITY, CASH FLOW POTENTIAL, and LONG-TERM UPSIDE in an exceptional location.

11212 75 Avenue, Edmonton

Courtesy of Janice L Kosak of MaxWell Challenge Realty.

$699,900

4 Beds ⋅ 3 Baths ⋅ E4506812 MLS® # ⋅ Janice L Kosak

Walk to the University and nearby hospitals from this charming 1700+ sq ft home set in a mature, tree-lined neighbourhood. Ideal for professionals or investors, this property offers 4 bedrooms, a fully finished basement, single garage, and central air conditioning. A welcoming front porch and spacious foyer lead to a bright great room with vaulted ceilings and abundant natural light. French doors open to a formal dining room, perfect for hosting. The functional layout provides flexibility for shared living or student rental potential. Enjoy the sunny south-facing yard and 12x16 deck and yard. The lower level features a large family room, bedroom, 3-piece bath, —ideal for guests or tenants. Upstairs, the spacious primary bedroom includes a cozy reading nook and private ensuite. Recent(2021) upgrades HW tank,furnace,roof and guttters,fireplace A rare opportunity in a prime location offering lifestyle and income potential.

11107 University Avenue, Edmonton

Courtesy of Fatima Esmail of MaxWell Polaris.

$699,900

5 Beds ⋅ 2 Baths ⋅ E4498728 MLS® # ⋅ Fatima Esmail

Move-in condition! 5 bedroom home, renovated on 2 levels. Freshly painted with new luxury vinyl plank flooring. New hot water tank (2025). Vinyl windows on 2 floors. LED lighting. Main floor has two good sized bedrooms, kitchen, living room and renovated 4 piece bathroom. Upstairs you will find 2 additional bedrooms. Basement contains 3 piece washroom, extra food prep area, living room, basement and bonus room. Stable rental income. Huge fenced back yard. Lot is approximately 44 feet x 130 feet. Ideal income-generating and holding property. Zoned RS, which can include buildings up to 3 stories in height including detached, attached and multi-unit buildings. Walking distance to University of Alberta and McKernan School (elementary/ junior high) plus close to 2 excellent high schools. Pet-free and smoke-free home. Public transport and LRT nearby plus convenient access to Edmonton's river valley, downtown, and amenities of Whyte Avenue.

11147 78 Avenue, Edmonton

Courtesy of Steve P Kanizaj of MaxWell Progressive.

$625,000

8 Beds ⋅ 2 Baths ⋅ E4488284 MLS® # ⋅ Steve P Kanizaj

Prime investment opportunity in one of Edmonton’s most desirable locations! Just one block from University Avenue and only steps to the University of Alberta Hospital, this well-maintained property has previously generated approximately $65,000 per year in rental income. Offering a unique 4-level split design in the highly desirable Belgravia/McKernan neighbourhood, the home features a total of 8 BEDROOMS and 2 kitchens, making it ideal for investors, large families, student housing, shared living, or multi-generational households. The upper levels offer 4 bedrooms, a full kitchen, and a full bathroom, while the lower levels have a separate entrance, 4 additional bedrooms, a second kitchen, and another full bathroom. Recent upgrades include newer shingles, a newer hot water tank, and two newer furnaces, with separate heating systems for each level. An outstanding opportunity in a premier location close to the University of Alberta, hospital, public transit, shopping, and everyday amenities.

11428 79 Avenue, Edmonton

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Mckernan Homes under $700,000

Newest Mckernan Homes under $700,000

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