Edmonton Homes under $200,000

Edmonton Homes under $200,000

Welcome to Edmonton, Alberta—a vibrant city that perfectly blends urban sophistication with the charm of nature. Nestled along the North Saskatchewan River, Edmonton is renowned for its stunning river valley parks, rich cultural scene, and friendly community spirit. As the capital of Alberta, this dynamic city offers a wealth of amenities, including world-class shopping, dining, and entertainment options, making it an ideal place for families, young professionals, and retirees alike.

For those seeking affordable housing options, Edmonton is an excellent choice. The city boasts a range of homes under $200,000, providing an incredible opportunity for first-time buyers or savvy investors. These budget-friendly properties can be found in various neighborhoods, each with its own unique character and charm. From cozy bungalows to modern condos, there is something for everyone in Edmonton’s affordable housing market.

Living in Edmonton means you’ll have access to an array of recreational activities, including hiking, biking, and winter sports, thanks to the extensive river valley trail system. The city also hosts numerous festivals and events throughout the year, celebrating everything from arts and culture to food and music.

Whether you’re looking to settle down in a welcoming community or invest in a growing market, Edmonton’s homes under $200,000 offer the perfect balance of affordability and quality of life. Explore the possibilities today and discover why Edmonton is not just a place to live, but a place to thrive!

Newest Edmonton Homes under $200,000

10024 Jasper Avenue, Edmonton

Courtesy of Sandra Wilson of Royal LePage Prestige Realty.

$150,000
1 Beds ⋅ 1 Baths ⋅ E4511689 MLS® # ⋅ Cambridge Lofts BLDG. ⋅ Sandra Wilson
Living in the Heart of Downtown! Fully renovated and move in ready, this stylish condo offers the perfect blend of modern design and location. Recent upgrades include flooring, contemporary tile work, a beautifully renovated kichen and bathroom, granite countertops, and SSteel appliances. The bright, open concept layout features an industrial chic aesthetic with exposed ductwork, modern finishes, and large windows showcasing stunning views of the city skyline and River Valley. Enjoy being just steps from some of Edmonton’s best restaurants, cafés, nightlife, and entertainment, with quick access to downtown offices, transit, and river valley trails. Whether you're a first time buyer, investor, or looking for a turnkey downtown retreat, this property checks all the boxes. Short term rental friendly potential makes it an excellent income generating opportunity and ideal Airbnb investment. Experience affordable and exceptional convenience, and vibrant city living all in one remarkable living space.

10024 Jasper Avenue, Edmonton
9939 109 Street Unit 1603, Edmonton

Courtesy of Jerry D Aulenbach of Royal LePage Noralta Real Estate.

$195,000
2 Beds ⋅ 2 Baths ⋅ E4511686 MLS® # ⋅ Parliament The BLDG. ⋅ Jerry D Aulenbach
What is a group of owls called? A parliament. You'll be wise like an owl if you buy this recently refreshed 2 bedroom, 2 full bathroom unit in The Parliament. Beautiful engineered hardwood flooring, new bedroom carpets, painted throughout (even the ceiling and inside the closets), stove, microwave, faucet, light fixtures. It feels like new inside this beauty! Heated indoor titled parking. Extra storage on your 16th floor balcony, with a gas line. Right in the heart of the city, across the street from Government Centre LRT station, and 2 blocks from the Legislature. Close to Jasper Avenue and all the action. Just across the river from the University of Alberta and a few blocks from Norquest and MacEwan. The location is awesome. You can work out in the main-floor gym, then hop in your warm car in the parkade, and drive anywhere you like, or just take transit right outside your door. You’ll love it here!

9939 109 Street Unit 1603, Edmonton
530 Hooke Road Unit 303, Edmonton

Courtesy of Juliana M Salvador of 2% Realty Pro.

$187,000
1 Beds ⋅ 1 Baths ⋅ E4511678 MLS® # ⋅ Ridge At Hermitage BLDG. ⋅ Juliana M Salvador
Stunning views of the North Saskatchewan River and Hermitage Park create the perfect backdrop for this beautiful luxury 18+ condo. Surrounded by nature and just minutes from the dog park, this spacious 1 bedroom plus den offers a bright, open layout with large windows that flood the home with natural light while showcasing private ravine views. Lovingly cared for by the original owner, the unit features central A/C, gas line on deck, S/S appliances, abundant storage, a full spacious bathroom, and a generous primary overlooking the parkland. Enjoy a worry-free lifestyle with all utilities included except power and one outdoor titled parking stall. Residents have access to amenities including a UG car wash, fully equipped fitness centre with cardio equipment, weights, sauna, and change rooms, plus a social lounge featuring a pool table, private kitchen, and rentable gathering space for hosting family and friends. Convenient access to Henday and Yellowhead makes getting around the city effortless.

530 Hooke Road Unit 303, Edmonton
4707 126 Avenue Unit 53, Edmonton

Courtesy of Danelle L Bolinski of NOW Real Estate Group.

$170,000
3 Beds ⋅ 1 Baths ⋅ E4511629 MLS® # ⋅ Red Willow BLDG. ⋅ Danelle L Bolinski
Start your next chapter in this inviting 1,100 sq. ft. two-storey townhouse! This middle unit offers potential utility savings and two parking stalls right outside your front door. Laminate flooring flows throughout the main and upper levels. The main floor features a 2 pce bath, a spacious kitchen/dining area with room for a family-sized table, and a large living room with an electric fireplace insert. Patio doors open to a fenced backyard with a deck for morning coffee in the sunshine. Backing onto a field offers an open greenspace outlook. Upstairs are three bedrooms, including a generous primary with room for a king-sized bed and dressers, plus a 4 pce bath. The other bedrooms suit kids, guests or an office. The basement offers laundry and plenty of storage. Appliances included! Newer windows, roof, siding and hot water tank add value. Close to schools, shopping and Yellowhead Trail. A great choice for first-time buyers or budget-conscious living. Monthly condo fee: $423.50.

4707 126 Avenue Unit 53, Edmonton
17749 95 Street, Edmonton

Courtesy of Dylan Pelletier of Black Sheep Realty.

$175,000
2 Beds ⋅ 1 Baths ⋅ E4511585 MLS® # ⋅ Lakeview Estates_Edmo BLDG. ⋅ Dylan Pelletier
Great Value END UNIT located in the established, family-oriented community of Lago Lindo, this 2-bedroom, 1-bath townhouse offers approximately 1,457 sq. ft. of total living space across three levels, including the basement. Move-in ready today with exciting potential to remodel, this home is an excellent opportunity for first-time buyers, investors, or anyone looking to make a space their own. Enjoy low condo fees of just $311.45/month, a private fenced yard, and an assigned parking stall. The neighbourhood offers a welcoming residential setting with two nearby schools, parks, walking paths, and plenty of green space. With generous living space, added basement flexibility, and excellent potential for future upgrades, this is an affordable opportunity to own in a convenient North Edmonton location.

17749 95 Street, Edmonton
5833 Riverbend Road, Edmonton

Courtesy of Christian P Gannon of RE/MAX Real Estate.

$199,999
2 Beds ⋅ 1 Baths ⋅ E4511579 MLS® # ⋅ Brander Village BLDG. ⋅ Christian P Gannon
Tucked into a convenient location close to everything, this beautifully updated 2-storey townhouse is warm, welcoming, and easy to call home. The main floor has been renovated with a fresh modern kitchen, brand new appliances, and comfortable living and dining spaces that work just as well for quiet evenings as they do for hosting friends and family. Upstairs, two spacious bedrooms and an updated 4-piece bathroom offer a practical layout with room to grow. Outside, the fully fenced backyard adds a rare touch of privacy—perfect for morning coffee, kids at play, or letting pets roam safely. Powered parking is located right outside your door, and the well-managed complex keeps day-to-day living simple. With schools, parks, shopping, restaurants, and transit all within walking distance, plus quick access to the Whitemud, this is the kind of home that makes everyday life feel a little easier. Buying your first place, simplifying your lifestyle, adding to your investment portfolio? This is worth seeing

5833 Riverbend Road, Edmonton
8807 101 Street Unit 5, Edmonton

Courtesy of John W Acevedo of Royal LePage Noralta Real Estate.

$149,900
1 Beds ⋅ 1 Baths ⋅ E4511554 MLS® # ⋅ Fern Lee BLDG. ⋅ John W Acevedo
Strathcona Condo in Great Location Just 1 Block South of Saskatchewan Drive. Ideal for Easy Access to River Valley, Downtown, Whyte Avenue & University of Alberta. This One Bedroom Lower Level Suite is Bright and Open. Spacious Entrance into Large Living Room with Dining Area. Galley Style Kitchen w/Window over the Sink, and Light Wood Cabinets. Walk-In Storage Rm with Pantry/Linen Shelving. Great Sized Bedroom with Clothes Closet & Storage Closet. Nicely Updated 4PC Bath across from Bedroom. There is Dual Entrances from The Front & Back Access to Suite. Convenient access to Same Floor Laundry Room Shared Only with 1 Other Suite (Private Access). This Unique 9 Suite Condominium features 7 x 1 bed Units and 2 x 2 bed Units. The Building is Well Maintained and Recent Upgrades to Windows and Roof. Beautiful Area with Mature Landscape and Many Walking Trails. Nice place to call Home!!

8807 101 Street Unit 5, Edmonton
1080 Mcconachie Boulevard Unit 306, Edmonton

Courtesy of Anna Trojanowicz of Century 21 All Stars Realty Ltd.

$195,800
2 Beds ⋅ 2 Baths ⋅ E4511550 MLS® # ⋅ Elements At Mcconachie I BLDG. ⋅ Anna Trojanowicz
QUICK Possession! Welcome to this 2 bedroom, 2 bathroom + den unit with 2 titled parking (underground & surface), and in-suite laundry at the ELEMENTS OF MCCONACHIE! The kitchen features modern espresso cabinets, granite countertop. Bright and open floor plan. Large dining/living room. The primary bedroom features a walk-through closet and 4-piece ensuite. The second bedroom is conveniently located near the main 4-piece bathroom. Good-sized den makes a perfect office. Enjoy the generously sized covered balcony all year long. A short walk to parks, schools, shopping, and easy access to the Anthony Henday and Manning Drive. Great location! Great price!

1080 Mcconachie Boulevard Unit 306, Edmonton
11445 Ellerslie Road Unit 214, Edmonton

Courtesy of Kenton T King of MaxWell Progressive.

$149,000
1 Beds ⋅ 1 Baths ⋅ E4511542 MLS® # ⋅ Rutherford Village BLDG. ⋅ Kenton T King
This bright, updated, and turnkey 1-bedroom + 1-bathroom condo in Rutherford Village is completely move-in ready with brand-new vinyl plank flooring and fresh paint throughout. The open-concept design features a spacious great room with room for dining and a well-equipped kitchen offering a large eat-in peninsula, double sink, generous counter space, and ample cabinetry. The primary bedroom boasts a walk-through closet with direct access to the main 4 piece bathroom, complemented by the convenience of in-suite laundry. Step outside to enjoy your private covered balcony overlooking green space, complete with a natural gas BBQ hookup. Extra perks include an underground heated parking stall, 2 secure storage cages in parkade storage room, and all-inclusive condo fees covering heat, water, and electricity. Perfectly located within walking distance to grocery stores, schools, and bike trails, with quick access to the LRT, South Edmonton Common, Anthony Henday Drive, and Highway 2. Welcome HOME!

11445 Ellerslie Road Unit 214, Edmonton
10540 80 Avenue Unit 204, Edmonton

Courtesy of Jamie C Hubick of Royal Lepage Arteam Realty.

$155,000
1 Beds ⋅ 1 Baths ⋅ E4511514 MLS® # ⋅ Golden Ash Manor BLDG. ⋅ Jamie C Hubick
Welcome to Golden Ash Manor! This beautifully updated, pet friendly, one-bedroom is ideally located on a quiet, tree-lined street in Queen Alexandra, just steps to Whyte Avenue & minutes to U of A campus & hospital. The spacious unit features a bright, renovated white kitchen w/quartz-look counters, marble-look backsplash & loads of cabinetry. Pot lighting illuminates the dining area w/built-in eating bar. Laminate flooring flows through the kitchen, dining room & generous living room, which features crown moulding, a large window & access to a private balcony. Enjoy a king-sized primary bdrm w/plenty of room for a full bdrm suite. The upgraded bathroom features a marble-look vanity top w/undermount sink & tub/shower. Additional highlights incl. in-suite washer & storage room, free common area laundry & an energized parking stall. This self-managed building offers reasonable condo fees incl. water, a newer roof & exterior fencing. An excellent opportunity for students, first-time buyers & investors alike!

10540 80 Avenue Unit 204, Edmonton
667 Watt Boulevard Unit 106, Edmonton

Courtesy of Rick A Reinhardt of Century 21 Masters.

$169,900
2 Beds ⋅ 2 Baths ⋅ E4511506 MLS® # ⋅ Southern Springs BLDG. ⋅ Rick A Reinhardt
Welcome to this bright and modern main floor condo in desirable Walker, southwest Edmonton! Built in 2014, this spacious 2-bedroom, 2-bathroom unit features an open layout, stainless steel appliances and in-suite laundry. Enjoy marble flooring in both bedrooms, durable laminate in the living room, and no carpet throughout. Ground-level access, a private patio, and a parking stall just steps from your door add convenience. Perfect for first-time buyers, downsizers, or investors, with shopping, restaurants, schools, and transit just minutes away. Condo fee's include heat, water/sewer. Property being sold "as is, where is". Schedule A must accompany all offers.

667 Watt Boulevard Unit 106, Edmonton
10725 111 Street Unit 103, Edmonton

Courtesy of Mani Bagga of Royal Lepage Magna.

$99,000
1 Beds ⋅ 1 Baths ⋅ E4511496 MLS® # ⋅ Eldorado Manor BLDG. ⋅ Mani Bagga
Welcome to Queen Mary Park! Downtown Living with space, convenience & ownership potential! Welcome to El Dorado! This spacious 1-bedroom, 1-bathroom condo offers over 785 sq. ft. of comfortable living space, a functional layout & 1 dedicated parking stall. Whether you're a young professional, university student, first-time buyer, single homeowner, or investor, this condo provides an opportunity to own a home in a central location while enjoying a low-maintenance lifestyle. The generous floor plan offers plenty of room to live, work, study, & entertain. Enjoy all downtown amenities, restaurants, shopping, entertainment, public transit, gym facilities & everyday conveniences. For investors, the unit offers the potential to serve as a long-term rental property, while owner-occupiers can enjoy the benefits of building equity & having a place of their own.With over 785 sq. ft this is an excellent opportunity to own a spacious downtown condo living & flexible lifestyle!

10725 111 Street Unit 103, Edmonton
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