Downtown (Edmonton) Homes under $200,000

Welcome to Downtown Edmonton, a vibrant urban hub that beautifully blends the charm of historic architecture with the excitement of modern living. Nestled in the heart of Alberta’s capital, Downtown Edmonton is a dynamic community characterized by its rich cultural scene, diverse dining options, and a variety of entertainment choices. Whether you’re exploring the lively arts district, enjoying a leisurely stroll along the scenic river valley, or indulging in a night out at one of the trendy bars or restaurants, Downtown Edmonton offers something for everyone.

For those seeking affordable housing options, Downtown Edmonton stands out with an array of homes priced under $200,000. This makes it an ideal destination for first-time homebuyers, young professionals, or anyone looking to invest in a thriving community without breaking the bank. From cozy condos to charming apartments, these homes provide an excellent opportunity to embrace urban living while enjoying the convenience of nearby amenities.

Living in Downtown Edmonton means having access to a wealth of recreational activities, including parks, bike trails, and cultural events. The area is also well-served by public transit, making it easy to navigate the city and explore everything Edmonton has to offer. With a strong sense of community and a commitment to growth and development, Downtown Edmonton is not just a place to live; it’s a place to thrive.

Come and discover your new home in Downtown Edmonton, where urban convenience meets affordability!

Newest Downtown (Edmonton) Homes under $200,000

Courtesy of Stefani F Schell of RE/MAX Elite.

$199,900

3 Beds ⋅ 1 Baths ⋅ E4511117 MLS® # ⋅ Capital Centre BLDG. ⋅ Stefani F Schell

Gorgeous Capital Centre 3 BEDROOM + 2 BATHROOM + 2 PARKING STALLS unit! Located on the 6th floor, and on the East side of the building, this unit is sure to impress. The open concept kitchen features a central island with power, plenty of cabinetry and newer stainless steel appliances. There is a good sized dining space that can be utilized as a flex area, spacious living room with access to your sprawling balcony w/ access to a storage closet. Down the hall, are 3 bedrooms incl. the Primary Suite w/ walk through closet & 2 piece ensuite, a 4 piece bathroom, & in-suite laundry. Completing this unit are 2 underground titled parking stalls, with great proximity to the Elevators. The building features a rooftop patio, spacious rec/games room as well as an amazing exercise room with sauna. Recent building upgrades incl: modern black windows, balconies & new elevators. Prime downtown location, across from Save On Foods and easy access to all universities.

10125 109 Street Unit 601, Edmonton

Courtesy of Janice L Kosak of MaxWell Challenge Realty.

$179,900

2 Beds ⋅ 1 Baths ⋅ E4511099 MLS® # ⋅ Mckay Manor BLDG. ⋅ Janice L Kosak

DOWNTOWN LIVING WITH THE RIVER VALLEY AT YOUR DOORSTEP. Welcome to McKay Manor, where an exceptional location puts the best of Edmonton within easy reach. This freshly painted 2-bedroom corner residence offers a smart, inviting layout with generous windows, a spacious living room with fireplace and a private patio overlooking the building’s landscaped terrace—a perfect spot for morning coffee or an evening glass of wine. Enjoy the convenience of in-suite laundry, underground parking and a private storage locker, plus excellent building amenities including a fitness room, car wash, elevator and common/rec room available for private gatherings. Walk to the Legislature grounds, river valley trails and LRT, with quick connections to the University of Alberta, MacEwan University, ICE District, Jasper Avenue and beyond. Whether you’re a professional, downsizer or simply looking for a sophisticated urban home, this move-in-ready corner suite delivers location, lifestyle and convenience in one impressive package

10403 98 Avenue Unit 217, Edmonton

Courtesy of Tristan Jones of Century 21 Masters.

$199,900

1 Beds ⋅ 1 Baths ⋅ E4510824 MLS® # ⋅ Alta Vista North BLDG. ⋅ Tristan Jones

Welcome to Alta Vista North and downtown living at its best! This bright and inviting condo offers a functional open-concept layout, in-suite laundry, and the convenience of titled underground parking. The kitchen features stainless steel appliances, ample cabinetry, and a central island with eat-up seating, opening seamlessly into the spacious living area, perfect for relaxing or entertaining. The well-sized bedroom provides a comfortable retreat, while the full bathroom features a large vanity, tile surround, and deep soaker-style tub/shower combo. Neutral finishes and a smart use of space make this home easy to move into and enjoy. An excellent option for first-time buyers, students, professionals, or investors looking for a well-located property in the heart of Edmonton. Just minutes from MacEwan University, Rogers Place, the Ice District, restaurants, shopping, transit, and everything downtown has to offer.

10319 111 Street Unit 503, Edmonton

Courtesy of Selena Cheung of RE/MAX Excellence.

$99,000

1 Beds ⋅ 1 Baths ⋅ E4510685 MLS® # ⋅ Cambridge Lofts BLDG. ⋅ Selena Cheung

Welcome to Cambridge Lofts in the heart of Downtown Edmonton. This unique loft style condo offers high ceilings, oversized windows, and an open layout that creates a bright, modern living space. The efficient floor plan includes a spacious living area, kitchen, dining space, comfortable bedroom area, full 4-piece bathroom, and convenient in-suite laundry. Located directly on Jasper Avenue, the building offers something few others can, private indoor access to the LRT station and immediate access to bus routes right outside the lobby. Step outside and you are within walking distance of Rogers Place, the Ice District, Churchill Square, the Art Gallery, Royal Alberta Museum, restaurants, cafes, nightlife, and the river valley trails. Cambridge Lofts is also one of the rare downtown buildings that allows short-term rentals including Airbnb, making this property attractive for investors, students, or professionals wanting flexible urban living. A fantastic opportunity to own an affordable downtown loft in a tr

10024 Jasper Avenue Unit 412, Edmonton

Courtesy of Rossella Trulli of Rimrock Real Estate.

$110,000

1 Beds ⋅ 1 Baths ⋅ E4510594 MLS® # ⋅ River Valley Condominiums BLDG. ⋅ Rossella Trulli

Incredible value for this UPDATED, 1bd/1ba TOP FLOOR unit at River Valley Condominiums, featuring stainless steel appliances and gorgeous valley views! Perfectly located, just steps from the river valley, this condo has easy access to the University of Alberta, MacEwan University, LRT, ICE District, city center, shopping, restaurants, festivals and the incredible river valley trail system. River Valley Condominiums features concrete construction, two elevators, a flexible parking system, same floor laundry and updated windows and heating system. Very low condo fees include heat, unlimited electricity, water, sewer, insurance, property manager and a healthy reserve fund. A dream for first time buyers, students, downsizers and investors alike.

9710 105 Street Unit 1210, Edmonton

Courtesy of Francis Fan of MaxWell Polaris.

$99,900

1 Beds ⋅ 1 Baths ⋅ E4510587 MLS® # ⋅ River Valley Condominiums BLDG. ⋅ Francis Fan

The Best of Both Worlds in Carefree Condo Living! Affordable central downtown living and steps to Edmonton's River Valley trail system. Enjoy the vibrant urban living as well as being so close to nature & trails. Easy access to Grant Macewan University, U of A & Hospital & Royal Alex, Rogers Place & the Ice District etc.. Walk or bike to your favourite restaurants, coffee shops and shopping venues. No more waste on commuting times. Flexible parking system. Great spacious open layout. Condo fees includes all utilities of heat, water & power. Ideal for first time home buyers, students or savvy investors.

9710 105 Street Unit 403, Edmonton

Courtesy of Alan H Gee of RE/MAX Excellence.

$129,800

1 Beds ⋅ 1 Baths ⋅ E4510518 MLS® # ⋅ Liberty On Jasper BLDG. ⋅ Alan H Gee

Loft-living with floor to ceiling windows! Unit is very well-maintained and updated plus faces onto park space! With over 1,225sf this loft offers a fantastic living space and is a blank canvas to make your own! Spacious kitchen has large island--the perfect place to congregate with friends and host dinners. Large living area is well set up to look out and enjoy the park view and DT activity. Lots of space for dining room table or office space if desired. Massive bedroom area boasts a walk-in closet loaded with shelving (hard to find one this size with condo living! 4pc bathroom plus in-suite laundry! Extra storage in laundry room and unit has it's own in-suite storage room too. Some added features include updated flooring, some newer appliances, updated lighting & AC window unit. Titled underground parking is an added bonus! Enjoy the convenience of restaurants, shopping and accessible transit. Plus walkable to River Valley and parks nearby! Grant Macewan and UofA accessible too!

10106 105 Street Unit 302, Edmonton

Courtesy of Joanne M Griffith of MaxWell Devonshire Realty.

$90,000

1 Beds ⋅ 1 Baths ⋅ E4510109 MLS® # ⋅ Cambridge Lofts BLDG. ⋅ Joanne M Griffith

Downtown living doesn’t get much more convenient—or affordable! Welcome to Cambridge Lofts, where you can enjoy the energy and convenience of Edmonton’s vibrant downtown right outside your door. This freshly painted home features newer appliances and offers an affordable opportunity for first-time buyers, downsizers, investors, or students looking to own rather than pay rent. With direct access to the LRT, getting around the city is effortless, while Rogers Place, restaurants, pubs, shops, the library, and the beautiful river valley are all just an easy walk away. Enjoy the charm and elegance of the nearby Hotel Macdonald and the convenience of having everything you need within reach. Add in the peace of mind of a secure building, and you have a fantastic opportunity to enjoy the downtown lifestyle while keeping your monthly housing costs manageable. Why rent when you can own and build equity in the heart of Edmonton?

10024 Jasper Avenue Unit 701, Edmonton

Courtesy of Joanne M Griffith of MaxWell Devonshire Realty.

$90,000

1 Beds ⋅ 1 Baths ⋅ E4510108 MLS® # ⋅ Cambridge Lofts BLDG. ⋅ Joanne M Griffith

Imagine waking up in the heart of downtown Edmonton, where the city is right outside your door and your car becomes optional. Welcome to Cambridge Lofts—a place where convenience, affordability, and an exciting urban lifestyle come together. Freshly painted and featuring newer appliances, this home is an ideal opportunity for the first-time buyer ready to stop renting, the downsizer looking for simplicity, the investor seeking a great location, or the student wanting to be close to everything. With direct access to the LRT, getting around the city is effortless. Spend your evenings enjoying dinner and drinks at nearby restaurants and pubs, catch a game or concert at Rogers Place, browse the shops, visit the library, or take a stroll through the beautiful river valley. The iconic Hotel Macdonald is just a short walk away, adding to the charm of this incredible downtown location. And with a secure building and the opportunity to own for potentially less than the cost of renting.

10024 Jasper Avenue Unit 706, Edmonton

Courtesy of Jeremy A Dehek of Exp Realty.

$198,888

2 Beds ⋅ 1 Baths ⋅ E4509345 MLS® # ⋅ Legacy The (Downtown_Edmo) BLDG. ⋅ Jeremy A Dehek

Downtown Living Steps from Ice District and MacEwan University! Welcome to The Legacy! This bright and spacious two bedroom, one bathroom condo sits on the 12th floor in downtown Edmonton, just minutes from Rogers Place, the Ice District, restaurants, nightlife, shopping, and MacEwan University. The LRT is only a five minute walk away, giving you easy access to the University of Alberta and the rest of the city. The open concept living and dining area is filled with natural light and showcases unobstructed west facing views over downtown Edmonton with incredible sunsets. Hardwood and ceramic tile run throughout with no carpet to replace. The unit also features AC and in suite laundry. The second bedroom works perfectly as a bedroom, guest room, or home office. One titled parking stall is included, along with secure parkade access, a fitness room, and secure bike storage. An excellent opportunity to own a downtown condo with stunning views, amenities, and an unbeatable location.

10303 105 Street Unit 1205, Edmonton

Courtesy of Kelly Plouffe of MaxWell Challenge Realty.

$144,900

1 Beds ⋅ 1 Baths ⋅ E4509256 MLS® # ⋅ Renaissance Place BLDG. ⋅ Kelly Plouffe

Wake up to breathtaking river valley views from your massive covered balcony — your front row seat to morning coffee, weekend brunches, and glowing sunsets. This one-bedroom plus den offers more than a home… it offers a view you’ll never get tired of. Inside, enjoy pet-friendly living, a spacious walk-in closet, and smart, functional space all paired with LOW condo fees that add incredible value. The amenities truly set this building apart: a gorgeous pool, hot tub, sauna, fully equipped gym, and recreation/entertainment area for relaxing or hosting. All utilities included (except electricity) plus TITLED HEATED underground parking to keep your vehicle warm all winter long. Steps to the river valley with the energy of urban living at your door — nature and city in perfect balance.

9918 101 Street Unit 1012, Edmonton

Courtesy of Petterson S Lam of Exp Realty.

$92,000

1 Beds ⋅ 1 Baths ⋅ E4508837 MLS® # ⋅ Cambridge Lofts BLDG. ⋅ Petterson S Lam

Urban loft living in the heart of downtown Edmonton! Located right on Jasper Avenue, this updated unit in Cambridge Lofts offers a great mix of character, convenience and city living. Originally an office building and converted to residential lofts in 2002, Cambridge Lofts features direct indoor access to the LRT and Edmonton Pedway system—making getting around downtown easy year-round. The unit has been refreshed with new paint, 3 new wall lights, new toilet, shower head and a USB-A/USB-C charging outlet, all completed in 2026, plus newer flooring from 2024. In-suite laundry adds everyday convenience. Step outside and enjoy easy access to restaurants, cafés, shopping, entertainment, the Ice District and Rogers Place. A great option for professionals, students, first-time buyers or investors looking for downtown living!

10024 Jasper Avenue Unit 504, Edmonton

Start Your Search

MLS® System Data is made available from the REALTORS® Association of Edmonton. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data was last updated .

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.