Edmonton Homes under $200,000

Welcome to Edmonton, the vibrant capital city of Alberta, where the spirit of community thrives amidst stunning natural beauty and a rich cultural tapestry. Nestled along the North Saskatchewan River, Edmonton boasts an array of parks and green spaces, making it an outdoor enthusiast's paradise. Known for its diverse neighborhoods, world-class festivals, and a bustling arts scene, this city is not just a place to live; it’s a place to thrive.

For those seeking affordable housing options, Edmonton offers a remarkable opportunity to find homes under $200,000. This makes it an ideal destination for first-time homebuyers, young families, or anyone looking to invest in a growing market. With a variety of properties available, from charming bungalows to modern condos, you can find a space that suits your lifestyle without breaking the bank.

The neighborhoods in Edmonton are as diverse as its residents, with each area offering its unique charm and amenities. Imagine living in a community where you can easily access local shops, restaurants, and recreational facilities, all while enjoying the comfort of your own home. The city’s commitment to development and revitalization ensures that your investment is not just a purchase, but a step towards a brighter future.

Whether you’re drawn to the hustle and bustle of downtown or the quiet tranquility of suburban life, Edmonton has something for everyone. Explore the possibilities of homeownership in this dynamic city, where your dream home awaits at an affordable price. Discover the charm of Edmonton today!

Newest Edmonton Homes under $200,000

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

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

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

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

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

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

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

Courtesy of Cassie D Krawec of REMAX River City.

$159,900

2 Beds ⋅ 2 Baths ⋅ E4511497 MLS® # ⋅ Element At Macewan BLDG. ⋅ Cassie D Krawec

This pet friendly 2 bed, 2 bath condo offers modern living in a prime South Edmonton location with the comfort and convenience buyers want. The open concept layout features in-suite laundry with additional storage, a functional kitchen overlooking the living space, and patio doors leading to a private balcony facing peaceful greenspace, perfect for relaxing afternoons. The spacious primary bedroom includes a walk-through closet and private 3-piece ensuite, while the second bedroom is ideal for guests, an office, or roommate setup. Enjoy year-round comfort with heated underground parking, plus access to on-site fitness centre and social room, making this building perfect for an active, low-maintenance lifestyle. Located close to Southgate, South Edmonton Common, grocery stores, transit, walking trails, and Anthony Henday, with a low condo fee! This is an excellent opportunity for first-time buyers, downsizers, or investors. Some photos virtually staged

646 Mcallister Loop Unit 122, Edmonton

Courtesy of Chris L Miller of Stone and Sling Realty Group.

$194,900

2 Beds ⋅ 1 Baths ⋅ E4511490 MLS® # ⋅ Erindale BLDG. ⋅ Chris L Miller

Wow! A new building in a mature area is truly rare. This beautifully rebuilt 2024 third-floor, 2-bedroom, 2-bath condo in La Perle offers modern design and exceptional value. Features include new vinyl plank flooring and a warm, bright, south-facing sunken living room with a sleek wall-mounted glass-front fireplace. The spacious primary bedroom boasts a walk-in closet and private ensuite, while the second bedroom and full bath provide flexibility for guests, family, or a home office. Enjoy a large in-suite laundry room, one parking stall, balcony storage, plus a second storage unit across the hall. The balcony overlooks a quiet dead-end westbound street. This well-managed, pet-friendly condo includes a fitness centre and secure bike storage. Minutes from West Edmonton Mall, parks, schools, transit, and Anthony Henday Drive—ideal for first-time buyers, downsizers, or investors seeking a move-in-ready home in a prime mature neighbourhood. Not to forget a Light walk to LRT expansion!

9504 182 Street Unit 302, Edmonton

Courtesy of Greg J Babski of RE/MAX Elite.

$69,900

1 Beds ⋅ 1 Baths ⋅ E4511488 MLS® # ⋅ Hargate The BLDG. ⋅ Greg J Babski

Welcome to The Hargate Condominiums.Fully renovated 7th floor studio/bachelor style apartment unit has everything you need to live in downtown location.The living space is very functional allowing plenty of natural light throughout the entire unit! CONCRETE building has been professionally renovated with new flooring, paint and fixtures and is well managed with a good reserve fund. Located just steps off Jasper ave and Grant MacEwan university Condo fees include all utlities and 1 underground parking stall .Every floor has its own laundry room with Smart Card machines. Two high speed elevators. Great for Investors students or first time home buyers.

10160 114 Street Unit 714, Edmonton

Courtesy of Tanya R Wold of Tactic Realty.

$184,900

2 Beds ⋅ 2 Baths ⋅ E4511486 MLS® # ⋅ Grange Pointe BLDG. ⋅ Tanya R Wold

Beautiful 2 bedroom + 2 bathroom condo with PRIVATE BALCONY now available in Glastonbury - welcome to The Grange Pointe! Spacious unit with layout set-up for roommates or primary suite + guest bedroom/den (with the bedrooms on opposite sides of the unit). Large kitchen with new faucet, ample cabinetry and counter space, & lovely breakfast bar with room for stools. Dining area leads into the living room featuring the private east-facing balcony. Enjoy morning coffee on your balcony in the sun, ample privacy & a lovely treed view. The primary bdrm has a large, walk-through closet & 4-piece ensuite. Second bedroom makes a great office, den or guest bdrm with the main 4 pc bath located next door. In-suite laundry & huge storage room closet upon entering the unit. Live in the heart of Glastonbury within walking distance of transit, restaurants, banks, pharmacy, shops, parks, ponds and walking paths! Quick access to Henday, Whitemud & Costco. Welcome to Glastonbury - welcome home!

2430 Guardian Road Unit 204, Edmonton

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