Parkallen (Edmonton) Homes under $500,000

Welcome to Parkallen, a charming community nestled in the heart of Edmonton, Alberta. Known for its tree-lined streets and a strong sense of community, Parkallen offers a unique blend of urban convenience and suburban tranquility. This vibrant neighborhood is perfect for families, young professionals, and anyone looking to enjoy a close-knit community atmosphere.

One of the standout features of Parkallen is its diverse selection of homes, with many properties available under $500,000. Whether you’re searching for a cozy bungalow, a modern townhouse, or a spacious family home, Parkallen has something to suit every taste and budget. The homes here often reflect the character of the neighborhood, showcasing beautiful architectural styles and well-maintained gardens that enhance the community’s charm.

Residents of Parkallen enjoy easy access to a variety of amenities. The community is conveniently located near excellent schools, parks, and recreational facilities, making it an ideal place for families. The nearby Parkallen Park is a local favorite, offering playgrounds, walking trails, and picnic areas for residents to enjoy. Additionally, the community is well-connected to public transit, providing easy access to downtown Edmonton and beyond.

Parkallen is also home to a thriving local business scene, with delightful cafes, shops, and restaurants just a short stroll away. The friendly atmosphere and sense of belonging make Parkallen not just a place to live, but a place to call home. If you’re looking for an affordable yet vibrant community in Edmonton, Parkallen awaits you!

Newest Parkallen (Edmonton) Homes under $500,000

Courtesy of Dan C Chalifoux of Real Broker.

$474,900

3 Beds ⋅ 1 Baths ⋅ E4509060 MLS® # ⋅ Dan C Chalifoux

LOCATION!!! SOLAR!!! If you want to be close to the U of A it doesn't get much better then this 3 bedroom Parkallen beauty. This reliable home has had many updates over the years including windows, furnace, HWT, AC, sump pump, solar panels (paid), and gorgeous renovated 4 pce bath. The living room features a beautiful built in and bright windows. The adjacent dining room has built in cabinetry and a garden door to the deck. Upstairs you'll find 2 ample bedrooms (primary is on main) and extra storage space. The basement is partially finished with some electrical and most of a 4 pce bathroom. The yard is amazing with shrubs and fruit trees and the double oversized garage is heated, has a 220 preset, and the most unique loft/studio/gym space perfect for any hobbyist. All the utilities have been trenched in so no overhead lines getting in the way. Whether you're an investor looking for a rental or a family looking for your first home this could be the one!

11119 62 Avenue, Edmonton

Courtesy of Tiebo Cai of Century 21 Masters.

$459,900

4 Beds ⋅ 2 Baths ⋅ E4507410 MLS® # ⋅ Tiebo Cai

Location!!! ***** In Parkallen, 5-minute-drive to the University of Alberta. ** The LOT, 515 m2 (12.95m X 39.90m); 5,543 sqft (42 ft X 130 ft). ** New paint (2026); New vinyl floor (2026); Newer city sewer (about 2019). ** Total 4 bedrooms (2 + 2). ** Total 2 full bathrooms (1 + 1). ** Separate entrance to basement. ** The Flex room at basement has a kitchen sink and can be developed further as 2nd kitchen. ** Oversized double detached garage (2005). ** South-facing backyard & back lane access. ***** Great value.

11207 72 Avenue, Edmonton

Courtesy of Fan Yang of Mozaic Realty Group.

$449,900

3 Beds ⋅ 2 Baths ⋅ E4501864 MLS® # ⋅ Fan Yang

CHARMING CHARACTER HOME IN PARKALLEN – PRIME U OF A LOCATION! Situated on a beautiful 44' x 130' lot with a sunny south-facing backyard, this 1.5-storey home offers exceptional value for homeowners, investors, or future redevelopment. Conveniently located just minutes to the University of Alberta, the 109 Street corridor, major transit routes, schools, shopping, and amenities. Offering 1,000+ sqft above grade, this home features 3 bedrooms, 2 full bathrooms, and a second kitchen in the basement. The main floor includes a spacious living room, kitchen and dining area overlooking the backyard, one bedroom, and a 4-piece bath. Upstairs offers a generous primary bedroom plus a versatile flex area ideal for a home office or reading nook. The basement features a separate entrance, large rec room, second kitchen, 3-piece bath, and excellent storage. Whether you're looking to live, rent, or build in the future, this is an outstanding opportunity in one of Edmonton's most sought-after central communities.

10955 72 Avenue, Edmonton

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Parkallen (Edmonton) Homes under $500,000

Newest Parkallen (Edmonton) Homes under $500,000

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