3 Amazing Houses for Sale in Edmonton Under $500,000

As the cold prairie winter gives way to a gorgeous spring, many homeowners are on the lookout for affordable Edmonton homes for sale – and they’re in luck! In my last blog post, we talked about how Edmonton remains one of Canada’s most affordable housing markets, with the average home selling for $279K.

If your buying budget is around the $500,000 mark – this leaves plenty of room for finding the home of your dreams this spring! Whether you’re a first time buyer or looking for a larger home to accommodate your growing family, I’ve got you covered!

In this post, I’m going to showcase 3 incredible Edmonton homes priced under the $500,000 mark. Let’s dive in!

Disclaimer: These homes move quickly! If you’re interested in one of these listings or a neighbourhood that one of these homes is located within, get in touch with me today! To see all of my listings, click here!

Home No. 1: Adorable Affordability In Montrose

Location: Montrose, Edmonton

Current List Price: $239,900

Located northeastward of Edmonton, this spacious detached single family home has a full basement, recent updates, and is as cute as a button!

Features and Amenities:

  • Recent renovations: The home has undergone significant updates, including the shingles, windows, flooring, furnace, hot water tank, electrical panel, sewer line, plumbing, and backwater valve. Don’t worry about upgrades to these items for years to come!

  • Plenty of living space: At 820 sq.ft, this home is surprisingly spacious; the large living room and two full bathrooms provide plenty of room for a small family. 

  • Clawfoot tub: Perhaps my favourite feature – the roomy bathroom features a classic, luxurious clawfoot tub!

  • Finished basement: The mostly finished basement provides additional living space with a rec room, laundry area, storage, and a second full bathroom.

The west-facing backyard includes a deck, single garage, and extra parking stalls. This home is near 8 public schools and 8 Catholic schools, a 2 minute walk away from a transit stop, and is close to 4 playgrounds and 3 sports fields! 

Don’t miss your chance to own your very own dollhouse!

House No. 2:  Investment Opportunity in Edmonton

Location: Queen Mary Park

Current List Price: $314,900

Looking for a move-in ready home with a ton of potential? Look no further than this 3 bedroom, 2 bathroom property in Queen Mary Park in Edmonton! Whether you’re a first time buyer or looking for a great flip opportunity – this property has what you need!

Features and Amenities:

  • Spacious Eat-In Kitchen: This property boasts a large kitchen with ample cabinet space as well as laminate flooring.

  • Mudroom and Full Basement: Enjoy a separate back entrance complete with a mudroom that leads into the basement. The basement has a laundry area, a utility room, plenty of storage, a third bedroom, a rec room, and a full bathroom!

  • Development Potential: The property is zoned for infill development, allowing for a second floor and an opportunity to capture the stunning city skyline views

  • Central Location: This property is located in the central neighbourhood of Queen Mary Park, just outside of Edmonton’s downtown core – convenient access to everything you need and more. This property is just minutes away from parks, shopping centers, restaurants, and amenities.

The large 55x144 ft exterior lot provides ample outdoor space with a large yard and an oversized double garage. This property is close to 7 public schools and 8 Catholic schools, and 7 ball diamonds and 7 sports fields are within walking distance!

Don’t miss your chance to make this fabulous property your dream home! 

Home No. 3: Move-In Ready Mansion In Belle Rive

Location: Belle Rive, Edmonton

Current List Price: $475,000

Introducing the stunning, move-in ready home in the cozy ‘burb of Belle Rive! With 5 bathrooms and 4 bathrooms and an attached double garage, buyers with larger families that love to entertain family and friends will have enough space to accommodate everyone comfortably!

Features and Amenities:

  • Spacious Foyer: This beautiful home features a spacious and timeless foyer that sets the tone for the rest of the house.

  • Cozy Living Room: The main floor features a living room with a cozy corner gas fireplace, great for entertaining!

  • Functional Dining Room: The dining room features convenient patio access – also a great benefit when hosting!

  • Comfortable Bedrooms: The master bedroom has a stunning three closets and a full ensuite. Two sizable bedrooms, a bonus room, and another full bathroom complete the second level, providing comfortable living spaces for the whole family. The remaining two bedrooms are located in the finished basement, complementing a rec room and ample storage. 

The future owner of this house will also benefit from a low maintenance yard, a fire pit, and close proximity to restaurants and shopping on nearby 97 Street! Plus, no less than 8 public schools and 7 Catholic schools service this home, and a grand total of 12 sports fields and 7 ball diamonds are within walking distance of this home. If you’ve got a big family and love to entertain, this is the home for you!

Don’t Wait! Connect With Jeneen Marchant Today

If you’re interested in looking at more listings under $500,000 – check these out!

Eyeing one of these beautiful homes? I don’t blame you! But don’t wait to get in touch with me – Edmonton homes for sale aren’t on the market for long! As one of Edmonton’s top REALTORS®, I want to help you find your new dream property.

Contact Jeneen by phone at (780) 904-4240 or via email at jeneens@remax.net.

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