Edmonton Homes under $500,000

Welcome to Edmonton, the vibrant capital city of Alberta, where urban sophistication meets the charm of nature! Nestled along the banks of the North Saskatchewan River, Edmonton boasts a rich tapestry of culture, history, and outdoor adventures. Known for its stunning festivals, the city is often referred to as the "Festival City," offering year-round events that celebrate everything from music to culinary arts.

If you’re looking to make Edmonton your home, you’ll be pleased to discover a variety of charming properties available for under $500,000. This price range opens the door to a multitude of neighborhoods, each with its unique character and amenities. Whether you’re seeking a cozy bungalow in the family-friendly community of Mill Woods or a modern townhouse in the trendy Old Strathcona district, Edmonton has something to suit every lifestyle.

The city's real estate market is diverse, featuring homes that combine affordability with quality living. Many properties come with spacious yards, perfect for families or those who appreciate outdoor living. With excellent schools, parks, and recreational facilities nearby, you’ll find that Edmonton is not just a place to live, but a place to thrive.

Moreover, with a robust economy and a strong job market, Edmonton is an ideal location for both first-time homebuyers and seasoned investors. Embrace the opportunity to own a piece of this dynamic city without breaking the bank. Explore Edmonton’s real estate offerings today and discover your dream home in this enchanting urban oasis!

Newest Edmonton Homes under $500,000

Courtesy of Changqing Li of Mozaic Realty Group.

$189,000

2 Beds ⋅ 1 Baths ⋅ E4511760 MLS® # ⋅ Legacy The (Downtown_Edmo) BLDG. ⋅ Changqing Li

Prime Downtown Living at The Legacy! Perfect for first-time homebuyers or investors. This bright and well-maintained south-facing unit offers incredible natural light throughout the day. The spacious living area features sleek hard flooring and large sliding doors leading to a private balcony. The well-designed kitchen boasts a new microwave hood fan (2025) and a rare kitchen window that fills the space with fresh air and sunlight. Only the CORNER units in this building have kitchen window. Retreat to the generously sized bedroom offering large windows with stunning downtown city views. Enjoy fantastic building amenities including a fully equipped fitness room, a welcoming lobby, and secure covered parking. The location is absolutely unbeatable: situated in the heart of downtown, you are just steps away from Rogers Place, the ICE District, MacEwan University, LRT transit, and endless dining and shopping conveniences. Experience the ultimate urban lifestyle. Move-in ready!

10303 105 Street Unit 608, Edmonton

Courtesy of Russell Sobala of Real Broker.

$264,900

3 Beds ⋅ 1 Baths ⋅ E4511759 MLS® # ⋅ Keys At Lago Lindo BLDG. ⋅ Russell Sobala

This renovated 3-bedroom with attached garage, two-storey townhouse offers low condo fees, spacious living, and is located within walking distance to Klarvatten Lake. Fully renovated with new paint, floors, and quartz counters in the kitchen and bathroom. The large kitchen features quartz countertops, stainless appliances and new light fixtures. A convenient 2-piece bathroom completes the main floor. Upstairs, you’ll find three generously sized bedrooms, including a primary bedroom with a large closet, and a full 4-piece bathroom. This unit has new modern light fixtures and new sump pumps. The lower level offers a finished and large laundry room and an oversized single garage with bonus storage room. Located close to parks, schools, public transit, shopping, and offering a quick commute to the military base, downtown, and the Henday.

16777 91 Street Unit 6, Edmonton

Courtesy of Michael J Connors of RE/MAX Elite.

$439,900

4 Beds ⋅ 2 Baths ⋅ E4511748 MLS® # ⋅ Michael J Connors

Welcome to this newly re-painted 1,360 sq. ft. two-storey home, tucked away on a quiet crescent close to great schools and public transit in SW Edmonton’s Rutherford community. The bright and open concept main floor features a spacious living room with a gas fireplace, a functional kitchen with large island + loads of counter space, spacious dining nook and a convenient half bath. Upstairs, you’ll find three great bedrooms and a full 4pc bathroom. The fully developed basement was professionally finished and adds a large recreation room, fourth bedroom and another full bathroom—ideal for guests, teens or a home office. Outside, enjoy updated landscaping, a generous deck, mature trees and shrubs, plus a double detached garage. Shingles were replaced in 2020, and the airport is only about 15 minutes away. A welcoming, well-maintained, and well-located home with space for the whole household!

12059 19 Avenue, Edmonton

Courtesy of Dawn J Morgan of Exp Realty.

$269,900

3 Beds ⋅ 3 Baths ⋅ E4511745 MLS® # ⋅ Deerfield BLDG. ⋅ Dawn J Morgan

All the space you need, without all the maintenance you don’t. This Deerfield townhome is spacious, comfortable, and just feels like home. With over 1,000 sq ft, 3 generous bedrooms, 2 full baths + 2 half baths, there is room for everyone. The main floor offers a bright living room with cozy gas fireplace and built-ins, dedicated dining space, a spacious kitchen with plenty of counter space, and a convenient half bath. Upstairs, the primary features a walk-through closet to a private half bath, plus 2 more large bedrooms and the main bath. The fully finished basement adds a second family room, dry bar, study space, full bath, laundry and plenty of storage. Outside, enjoy a private, low-maintenance backyard with a spacious deck, plus the bonus of a double attached garage. Close to schools, parks, recreation, transit and shopping, this is easy, comfortable living in an amazing location.

7067 32 Avenue, Edmonton

Courtesy of Peter B Taylor of MaxWell Progressive.

$419,900

5 Beds ⋅ 2 Baths ⋅ E4511744 MLS® # ⋅ Peter B Taylor

PRIME PLEASANTVIEW LOCATION – LARGE 49' x 130' LOT – PARK-FACING HOME Welcome to this exceptional property in the highly desirable community of Pleasantview. Situated on a generous 49' x 130' lot directly across from a large park, this home offers an outstanding combination of location, space and versatility. Featuring 5 bedrooms, approximately 2,100 sq. ft. of developed living space, a second kitchen, a single attached garage and an oversized single detached garage, there is plenty of room for the entire family. Ideally located close to schools, the University of Alberta, downtown Edmonton, shopping, transit and amenities, this is a fantastic opportunity in one of Edmonton's most sought-after neighbourhoods.

10512 55 Avenue, Edmonton

Courtesy of Sagar Talwar of MaxWell Polaris.

$339,999

2 Beds ⋅ 2 Baths ⋅ E4511743 MLS® # ⋅ Ava BLDG. ⋅ Sagar Talwar

Step into this pet friendly 3 storey townhome in McConachie, offering low condo fees and a bright, modern feel throughout. Set beside 58 Street, the location makes day to day living easy with quick access to parks, schools, shopping, transit, and major routes. The entry level includes an attached garage, laundry, and a flexible bonus space that can be used as an office, media room, workout area, or extra lounge. The main floor features an open layout with 9 ft ceilings, large windows, a spacious living room with an electric fireplace, a convenient half bath, and a stylish kitchen with quartz countertops, soft close cabinets, a generous pantry, and a comfortable dining area. From this level, step out to the southwest facing balcony with great natural light and a gas line for your summer BBQ's. Upstairs, you’ll find two bedrooms, both with walk in closets and private ensuites, making it ideal for guests, roommates, or added privacy. Some photos have been virtually decluttered for presentation purposes.

17635 58 Street Unit 5, Edmonton

Courtesy of Matthew Seniuk of Exp Realty.

$400,000

3 Beds ⋅ 2 Baths ⋅ E4511742 MLS® # ⋅ Matthew Seniuk

Tucked away into Inglewood on a 50 x 140 lot, this 3-bedroom, 2-bathroom home situated on a quiet street is ready for a new family. The main floor features original hardwood flooring throughout, a tiled kitchen, two bedrooms, and a spacious living area with a gas fireplace. The basement offers a third bedroom, second full bathroom, additional living space with a fireplace, and a non-permitted basement kitchen, ideal for hosting extended family or guests. Numerous updates include fresh paint and new lighting throughout, newer exterior doors, a new front deck, brand new dryer, The roof, furnace, and eavestroughs and downspouts were updated in 2012, while the front and basement windows were replaced in 2020. A quiet location, generous yard, and extensive updates make this a fantastic opportunity for both homeowners and investors.

11718 129 Street, Edmonton

Courtesy of Belal Choufi of Royal LePage Noralta Real Estate.

$475,000

3 Beds ⋅ 1 Baths ⋅ E4511740 MLS® # ⋅ Belal Choufi

Steps from Edmonton’s river valley, scenic walking and cycling trails, and the North Saskatchewan River, with downtown just minutes away! This charming 3-bedroom, 2-bathroom bungalow offers an attractive entry point into sought-after Rossdale. Featuring 950 sq ft above grade, this inviting home sits on a treed lot with a private feel and a backyard oasis perfect for relaxing, gardening or entertaining. Updates include newer drywall, insulation, electrical, plumbing, hot water tank, roof, siding and vinyl windows. Offered for the first time by the current owner, this property combines character, meaningful improvements and an exceptional central location. A wonderful opportunity for first-time buyers, downsizers or anyone looking to enjoy river valley living close to the heart of Edmonton!

9628 100a Street, Edmonton

Courtesy of Deanna L Jacobson of Royal LePage Prestige Realty.

$375,000

4 Beds ⋅ 2 Baths ⋅ E4511739 MLS® # ⋅ Deanna L Jacobson

Welcome to 13315 30 Street NW, Edmonton! This inviting bungalow features a bright living room with a large bay window, beautiful wood flooring & a striking stone fireplace shared with the adjoining dining area. The main kitchen offers ample wood cabinetry, generous counter space & room for casual dining. Three bedrooms on the main include the primary with a 2pc ensuite, plus a 4pc main bath. The finished basement offers a spacious rec room, a second stone fireplace, distinctive stone archways, a full kitchen, fourth bedroom & 3pc bath. A laundry area with utility sink adds convenience. Outside, mature trees, shrubs & colourful garden beds create welcoming curb appeal. Enjoy the spacious brick patio framed by tall evergreens, with room for outdoor dining & relaxing. The fenced backyard includes raised garden beds, lawn space & a storage shed. A long paved driveway offers plenty of parking & leads to the detached double garage with shelving & a workbench for projects.

13315 30 Street, Edmonton

Courtesy of Daniel N Garth of Garth Realty Group.

$464,990

4 Beds ⋅ 3 Baths ⋅ E4511738 MLS® # ⋅ Daniel N Garth

PROUDLY CARED FOR by its original owners, this Klarvatten 2-storey is ready for its next chapter. NEW CARPET throughout means you can simply unpack and settle in. The bright main floor offers a versatile front room, a well-laid-out kitchen, and a comfortable living room. Upstairs has laundry and three bedrooms, including a spacious primary with walk-in closet and 4-piece ensuite. The finished basement adds a fourth bedroom, 4-piece bath, and flexible space for movie nights, guests, teens, or a home gym. Hot water tank new in 2025. The fully fenced, private yard features a deck off the living room, fruit trees, garden beds, and room to unwind, play, and host. The oversized double detached garage handles vehicles and storage, with room to spare. Bonus: the home sits at the end of the alley, a quiet spot for street hockey, hoops, bikes, and letting kids be kids. Close to ALL amenities.

18080 89 Street, Edmonton

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

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