8 Most Affordable Condos in Edmonton

The city of Edmonton offers a diverse real estate landscape catering to both luxury seekers and budget-conscious buyers. Amidst its picturesque skyline, the most affordable condos in Edmonton have caught the attention of numerous buyers.

Offering a blend of modern amenities, strategic locations, and cost-effective price points, these condos present an enticing opportunity for those looking to experience urban living without breaking the bank. As Edmonton continues to evolve and expand, the appeal of these economically friendly condominiums only grows, setting the stage for an investment that combines convenience with affordability.

Skyview Landing

Skyview Landing resides in the Cumberland neighbourhood of Northwest Edmonton, centred around a community lake and several open green spaces and walking paths. 

These condos offer open and airy floor plans, generously sized rooms, and balconies with gas lines for connecting a BBQ grill. The units also have in-suite laundry and plenty of storage and come with one secure, heated underground parking space and a gated storage room.

Two-bedroom floor plans in Skyview Landing generally range from $160,000 to $175,000, making them some of the most affordable condos in Edmonton. Monthly condo fees also include heat and water and access to building amenities like a fitness room and a secure entry. Residents enjoy convenient access to Highway 216 and Edmonton’s public transit, making daily commutes a breeze. 

Oxford Bay

Located along the shores of Oxford Lake in a low-traffic area, the Oxford Bay condominiums offer residents a tranquil retreat in the city's heart. One of the biggest draws to Oxford Bay is that many condos have private balconies with excellent water views. 

Oxford Bay condos have spacious rooms, gas fireplaces, in-suite laundry rooms, and private storage rooms. They also come with two underground parking stalls. Residents enjoy communal amenities like a movie room, fitness centre, rooftop deck, outdoor gazebo, an indoor social room for entertaining or hosting meetings, and building elevators.

The affordable prices are attractive, with prices for two-bedroom, two-bathroom condos typically starting around $185,000. Units on the upper floors, with clear lake views, usually range from $225,000 to $300,000. 

Waterstone

In the picturesque, highly sought-after MacTaggart Mains community, the Waterstone condos back up to several Edmonton trails. Available condos for sale in Waterstone begin at around $280,000, and residents can expect to pay a bit more for larger units and those on higher floors.

All units have a private deck or balcony with BBQ gas hookup, in-suite laundry, nine-foot ceilings, and an assigned underground heated parking space with a secure gated storage area. Larger units can enjoy two dedicated parking spaces. 

Primary bedrooms have walk-in closets, large soaking tubs, and double vanities. One unique amenity at Waterstone is the garden boxes. Every unit has an assigned raised garden bed for residents to enjoy and plant whatever they wish. 

Another of the building's standout features is its amenity room, which has a catering kitchen, entertaining area, and pool table. There's also a fitness centre, lots of visitor parking, and a guest suite that residents can reserve in advance to accommodate out-of-town guests. 

Hardwood Plaza

The Hardwood Plaza condominiums reside in a highly desirable area of Edmonton near the ICE District, University of Alberta, River Valley, and Alberta Legislature. 

The seven-storey building is within easy walking distance of countless restaurants, the brewery district, parks, everyday services, the Grandin LRT station, and other hotspots. 

All 42 units in the brick-facade Hardwood Plaza have balconies with fantastic urban views, walk-in closets, large picture windows, and one secure underground parking stall. The building has elevators and shared coin-operated laundry facilities, and the brick and concrete construction does an excellent job of minimizing street and city noise. 

Seven commercial/retail businesses are on the building's ground floor, including a UPS store, a dry cleaner that offers alterations, and the popular SODO on Jasper cocktail bar. 

The very best thing about Hardwood Plaza condos is the price. One-bedroom, one-bathroom units generally start at around $80,000, and two-bedroom units start just under $100,000, making these some of the most affordable condos in Edmonton. Even top-level condos are just over $115,000 and include all-inclusive condo fees.

Zen

In the vibrant Queen Mary Park neighbourhood, Zen presents an excellent option for affordable condos in Edmonton close to downtown. The building is on the very edge of the downtown core, just one block from the brewery district. 

Queen Mary Park is a mixed-use community, with over half of the neighbourhood utilized for something other than residential purposes. For Zen residents, that means quick, convenient access to shopping, restaurants, day-to-day needs like banking and medical services, and public transportation. 

The six-storey, 86-unit Zen condo building has several attractive features besides its central location. These include secure underground parking, building elevators, central air, and an inner courtyard accessible only by residents. Individual condos have oversized primary bedrooms with walk-thru closets, kitchen islands, and BBQ gas line hookups on their patios. All units also have one or two parking stalls in the heated underground garage.

Two-bedroom, two-bathroom penthouse condos in Zen typically range in price from $330,000 to $400,000, and of course, units on lower levels or with less square footage are priced lower. If you’re looking for a rental, options start around $1,500 per month. 

Stafford Greens

The Stafford Greens condos reside in the popular master-planned community of Granville in Edmonton's West End. The building was completed in 2018 and offers one-, two-, and three-bedroom units. 

Granville offers residents a little of everything, including green spaces and walking trails, two ponds, Edmonton schools, public transportation, and multiple shopping destinations with various stores, restaurants, and services. Condo prices range significantly at Stafford Greens, with one-bed, one-bath floor plans usually starting just under $200,000 and two-bed, two-bath units beginning around $265,000. There are larger two-bed penthouse units available for around $450,000.

All condos have large picture windows, balconies with gas hookups and tempered glass railings, walk-in closets, in-suite laundry, and heated underground parking. They also come with additional storage areas in the parking garage. Upper-level units have 10-foot ceilings, and the entire building welcomes pets.

Executive Lofts

Executive Lofts occupy a sleek, contemporary building in the heart of downtown Edmonton. It sits on the corner of a major intersection, offering residents unmatched convenience. 

Within minutes, you can be at dozens of the city's hottest restaurants, cafes, grocery stores, and shops, plus Rogers Place, home of the Edmonton Oilers. The gorgeous River Valley is also just a few blocks from the building, and for anything further afield, it's easy to hop on public transportation a short walk away. 

The building recently underwent complete renovations and now has a brand new HVAC system and ice-cold central air conditioning. All loft-style condos have large windows with city views, elegant bathrooms with soaking tubs, in-unit laundry hookups, and access to elevators. Although the building has no parking garage, residents can park next door at the Capital Centre. 

Like most other affordable condos in Edmonton, pricing at Executive Lofts varies greatly, depending on the condo size, floor, location, and layout. One-bedroom, one-bathroom units with around 950 square feet list for anywhere from $154,000 to $200,000.

Hudson House

In the lovely Oliver neighbourhood close to downtown Edmonton, the 15-storey Hudson House condos offer a bit of everything people love about living in this area: convenience, incredible views, and loads of amenities in the building. Hudson House is just one block north of the bustling Jasper Avenue, so you can easily walk to dozens of restaurants, bars, and a grocery store.

The Hudson House building has 67 units, central elevators, secure underground parking with visitor parking plus additional street parking nearby, a gym with a sauna, a secure key-code entrance, and an entertainment room for hosting parties or meetings. Residents also enjoy a reservable guest suite for added flexibility when out-of-town visitors need a place to stay. 

Individual condos have balconies or patios, large bathrooms, in-unit laundry hookups (some condos have a washer and dryer), storage combo rooms, and at least one assigned underground parking space. 

Condos for sale at Hudson House typically range in price from about $240,000 to $300,000 for two-bedroom, two-bathroom floor plans. These units vary quite a bit in size, running between 1,076 and 1,286, largely dependent on what floor they're on and where on the floor they're located.

Edmonton Condos Combine Affordability & Convenience

Edmonton's condominium market offers several affordable options for prospective homeowners and investors. Amidst the sprawling urban landscape, some neighborhoods stand out for their value, with competitive pricing and desirable amenities. These cost-effective condos provide an entry point for first-time homeowners and present a lucrative opportunity for those looking to invest in real estate.