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Edmonton Investment Properties Under $400,000

Edmonton Investment Properties Under $400,000

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  • 6 11008 124 Street in Edmonton: Zone 07 Condo for sale : MLS®# E4396157

    6 11008 124 Street Zone 07 Edmonton T5M 0J4
    Main Photo: 6 11008 124 Street in Edmonton: Zone 07 Condo for sale : MLS®# E4396157

    6 11008 124 Street Edmonton T5M 0J4 Zone 07

    $67,500
    Condo
    Courtesy of Jarett C Johnson of Realty Focus
    Status:
    Active
    MLS® Num:
    E4396157
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    339 sq. ft.
    Welcome Home! Studio Apartment in Westmount Manor Just on 124 St. Terrific Location close to Down town, Rogers Place, and walking distance to all your favourite spots for shopping, dining, and walking trails. Entire building getting a face lift to compliment the location and future value. Ground floor unit has covered concrete patio. Updated bathroom, living and kitchen. Vinyl plank flooring throughout. Appliances included. Ample closet space. Affordable downtown living makes this a great investment property or place to call home. Easy access to university, work, and all of what Edmonton has to offer. Condo fees include heat and water. More details
    LISTING DETAILS

  • 202 11907 81 Street in Edmonton: Zone 05 Condo for sale : MLS®# E4422071

    202 11907 81 Street Zone 05 Edmonton T5B 2S7
    Main Photo: 202 11907 81 Street in Edmonton: Zone 05 Condo for sale : MLS®# E4422071

    202 11907 81 Street Edmonton T5B 2S7 Zone 05

    $66,900
    Condo
    Courtesy of David C St. Jean of Exp Realty
    Status:
    Active
    MLS® Num:
    E4422071
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    689 sq. ft.
    Opportunity knocks with this single-level, one-bedroom, one-bathroom condo in the heart of downtown! Steps from restaurants, shops, entertainment, and public transit, this unit is all about location, location, location. While it could use some TLC, the potential is undeniable—an open-concept living space, a functional kitchen, a generously sized bedroom, and a four-piece bathroom complete the layout. Whether you're an investor looking for your next rental property or a buyer eager to add value, this condo is priced to move and ready for transformation. Don’t miss this chance to turn a fixer-upper into a fantastic investment! More details
    LISTING DETAILS

  • 1109 9730 106 Street in Edmonton: Zone 12 Condo for sale : MLS®# E4422205

    1109 9730 106 Street Zone 12 Edmonton T5K 1B7
    Main Photo: 1109 9730 106 Street in Edmonton: Zone 12 Condo for sale : MLS®# E4422205

    1109 9730 106 Street Edmonton T5K 1B7 Zone 12

    $99,900
    Condo
    Courtesy of Annette R Gaze of Royal LePage Prestige Realty
    Status:
    Active
    MLS® Num:
    E4422205
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    454 sq. ft.
    LOCATION, LOCATION, LOCATION!! Welcome to this one-bedroom unit in The Residence WITH A GREAT VIEW OF THE LEGISLATURE in the heart of downtown and all it has to offer. The unit features an open floor plan with hardwood floors throughout the kitchen, living and dining room, and a 4-pc bath with in-suite laundry. Reasonable condo fees include heat, water and power. Concrete building, with 24-hour surveillance, digital key fob access and an on-site resident manager with an office in the lobby entrance. Close to all downtown amenities, restaurants, shopping, public transportation, schools, MacEwan, U of A, Rogers Place, Royal Alex, Remax field (for the baseball enthusiast), walking distance to our beautiful River valley, and a 5 min walk to the LRT. Ideal for a first-time buyer; why pay rent at this price? Or purchase as an investment property; easy to rent with an option to join the rental pool if desired. Assigned parking through the Management Company. Welcome Home!! More details
    LISTING DETAILS

  • 108 111 WATT Common in Edmonton: Zone 53 Condo for sale : MLS®# E4426172

    108 111 WATT Common Zone 53 Edmonton T6X 2C6
    Main Photo: 108 111 WATT Common in Edmonton: Zone 53 Condo for sale : MLS®# E4426172

    108 111 WATT Common Edmonton T6X 2C6 Zone 53

    $159,900
    Condo
    Courtesy of Ravi Govindasamy of Century 21 Quantum Realty
    Status:
    Active
    MLS® Num:
    E4426172
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    592 sq. ft.
    Welcome to this one bedroom plus den ground floor condo with upgraded granite counters , stainless steel appliances and a patio to enjoy the fresh air and relax. Den can be used as a home office or utility room. In suite laundry. One assigned outdoor parking. Lock up and go as all the work is done for you. Opposite the Watt Common Walmart and close to the Henday and Highway 2, shopping , schools and Edmonton International Airport. This condo is a perfect 1st home or an investment opportunity in a strong rental market. More details
    LISTING DETAILS

  • 222 5125 RIVERBEND Road in Edmonton: Zone 14 Condo for sale : MLS®# E4426376

    222 5125 RIVERBEND Road Zone 14 Edmonton T6H 2K5
    Main Photo: 222 5125 RIVERBEND Road in Edmonton: Zone 14 Condo for sale : MLS®# E4426376

    222 5125 RIVERBEND Road Edmonton T6H 2K5 Zone 14

    $158,000
    Condo
    Courtesy of Simon Roa of Century 21 Leading
    Status:
    Active
    MLS® Num:
    E4426376
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,066 sq. ft.
    FABULOUS UNIT AT A FABULOUS PRICE! Condo Fee includes Heat & Water! This prestigious Riverbend well managed property offers 2 large bedrooms & 2 full baths making a perfect place be your Home & Investment w/Life Style. Location only minutes from U of A & close to transit & amenities. Inside the unit you find a huge living room & spacious dinning room overlooking a large balcony. The enormous master features a bright dressing area & vanity as well as private bathroom w/ shower stall. The 2nd bedroom has a large closet & quite spacious. The European style kitchen features ample countertop space & all the appliances stay! The living room, & bedrooms have newer carpet & many windows allow plenty of natural light. Also, includes a covered carport for parking. Great amenities include: Elevator, Guest Room, Swimming pool, hot tub, social room with pool table - the list goes on. Recent upgrades in the unit includes New Kitchen Countertop, new Hood Fan, new Kitchen Sink & Faucet. Act fast and don't miss out ! More details
    LISTING DETAILS

  • 111 8735 165 Street in Edmonton: Zone 22 Condo for sale : MLS®# E4427804

    111 8735 165 Street Zone 22 Edmonton T5R 2R6
    Main Photo: 111 8735 165 Street in Edmonton: Zone 22 Condo for sale : MLS®# E4427804

    111 8735 165 Street Edmonton T5R 2R6 Zone 22

    $156,800
    Condo
    Courtesy of Charles K Ho of Century 21 Masters
    Status:
    Active
    MLS® Num:
    E4427804
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    885 sq. ft.
    Perfect investment for investors or first time home buyer, 11th floor 2 bedroom unit with unobstructed view of the city. Low condo fee including all utilities (Heat, Water, and Electricity) Extremely convenience location within walking distance to West Edmonton Mall and future Valley Line LRT station. More details
    LISTING DETAILS

  • 106 11465 41 Avenue in Edmonton: Zone 16 Condo for sale : MLS®# E4428086

    106 11465 41 Avenue Zone 16 Edmonton T6J 0T9
    Main Photo: 106 11465 41 Avenue in Edmonton: Zone 16 Condo for sale : MLS®# E4428086

    106 11465 41 Avenue Edmonton T6J 0T9 Zone 16

    $139,000
    Condo
    Courtesy of Fan Yang of Mozaic Realty Group
    Status:
    Active
    MLS® Num:
    E4428086
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    814 sq. ft.
    This beautifully upgraded corner unit in Royal Gardens presents an exceptional investment opportunity or ideal starter home, featuring fresh interior paint and premium luxury vinyl plank flooring throughout, a spacious primary bedroom (easily accommodating king-size furnishings), a generously-sized second bedroom with large closet, and a tastefully bathroom with contemporary fixtures. The unit boasts convenient in-suite laundry facilities and upgraded plumbing with individual shut-off valves, while residents enjoy access to superb community amenities including a modern fitness center, social lounge, and guest suite. Nestled in a prime location close to schools, restaurants, medical facilities, No Frills grocery store, and with excellent access to Confederation Leisure Center, Southgate Mall and LRT transit, this turnkey property offers both investors strong rental potential and first-time buyers a wonderful move-in ready home in an established community. More details
    LISTING DETAILS

  • 421 10616 156 Street in Edmonton: Zone 21 Condo for sale : MLS®# E4428342

    421 10616 156 Street Zone 21 Edmonton T5P 2S1
    Main Photo: 421 10616 156 Street in Edmonton: Zone 21 Condo for sale : MLS®# E4428342

    421 10616 156 Street Edmonton T5P 2S1 Zone 21

    $89,800
    Condo
    Courtesy of Ryan R Sellers of RE/MAX Real Estate
    Status:
    Active
    MLS® Num:
    E4428342
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    484 sq. ft.
    Why rent when you can own for less? This well-maintained, move-in-ready condo is perfect for first-time buyers or investors. Enjoy a hassle-free, lock-and-go lifestyle with minimal upkeep. The property features a spacious bedroom, a 4 pce bathroom, parking stall & balcony. A comfortable living space, offering modern neutral tones & a perfect balance of convenience and comfort. Located in a desirable area, this condo provides easy access to major roads, public transit & a variety of local amenities. You'll find nearby parks, shops, cafes, & restaurants, ensuring you're never far from entertainment and daily essentials. The tenant is happy to stay, making this an excellent option for investors looking for immediate rental income. Reasonable condo fees include all utilities! Whether you’re starting your homeownership journey or adding to your investment portfolio, this condo is an opportunity you won't want to miss. More details
    LISTING DETAILS

  • 5 11913 103 Street in Edmonton: Zone 08 Condo for sale : MLS®# E4428359

    5 11913 103 Street Zone 08 Edmonton T5G 2J4
    Main Photo: 5 11913 103 Street in Edmonton: Zone 08 Condo for sale : MLS®# E4428359

    5 11913 103 Street Edmonton T5G 2J4 Zone 08

    $189,900
    Condo
    Courtesy of Jeneen L Marchant of RE/MAX Real Estate
    Status:
    Active
    MLS® Num:
    E4428359
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    725 sq. ft.
    ATTENTION INVESTORS!!! Rented at $1200/ month + tenants pay their own utilities, this turn key investment has a 5.4% cap rate! Don't let the square footage sway you as this 725 sq.ft. multi-level 2 bedroom, 1.5 bathroom unit is roomy, just had new carpet installed, and is move-in ready! The main floor has a spacious living room, kitchen, half bath, and large pantry/storage room. The lower level has the two bedrooms, full bathroom, and laundry/utility room. The unit is west facing with a veranda, and located close to transit, Kingsway Mall, and NAIT, making it a good rental property or for a budget-conscious buyer. More details
    LISTING DETAILS

  • 10733 93 Street in Edmonton: Zone 13 Vacant Lot/Land for sale : MLS®# E4428915

    10733 93 Street Zone 13 Edmonton T5H 1Y2
    Main Photo: 10733 93 Street in Edmonton: Zone 13 Vacant Lot/Land for sale : MLS®# E4428915

    10733 93 Street Edmonton T5H 1Y2 Zone 13

    $154,900
    Single Family
    Courtesy of Carlyn Dreichel of RE/MAX Discover
    Status:
    Active
    MLS® Num:
    E4428915
    Calling all builders and investors! This perfect investment opportunity is located in the heart of Edmonton, close to schools, public transportation, restaurants, and a grocery store. If you love city life, this is ideal, just minutes away from Downtown, Rogers Place, Grant MacEwan University, Stadium LRT, Italy Centre, and Kingsway Mall. The property is situated on a corner lot with a RF6 & RA7 zoning and was recently designated as RM h16 zoning allowing you to build a commercial and a low rise apartment building for up to a four-stories high! Only a few lots in Edmonton are zone as RF6 which is approximately only less than 0.1%, so this lot is very rare! More details
    LISTING DETAILS

  • 2 5635 105 Street in Edmonton: Zone 15 Condo for sale : MLS®# E4429682

    2 5635 105 Street Zone 15 Edmonton T6H 2N2
    Main Photo: 2 5635 105 Street in Edmonton: Zone 15 Condo for sale : MLS®# E4429682

    2 5635 105 Street Edmonton T6H 2N2 Zone 15

    $109,900
    Condo
    Courtesy of Angela D Tassone of The Good Real Estate Company
    Status:
    Active
    MLS® Num:
    E4429682
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    714 sq. ft.
    CONVENIENCE, LOCATION & AFFORDABILITY all in one! Welcome to this Pleasantview 2 BED condo—w/ condo fees incl HEAT & WATER UNDER $300/month! Spacious living area, generous closet & separate STORAGE ROOM greet you on entry. Well-kept kitchen features ample dining space & a NEWER glass-top stove. MASSIVE WINDOWS line the north wall, filling the unit w/ NATURAL LIGHT—doesn’t feel like a bottom floor unit at all! Two well-sized BDRMS & a roomy BATH offer COMFORT for all abilities. Assigned PARKING STALL is VISIBLE from your window! PRIME LOCATION: near BUS, LRT, Calgary Trail, Southgate Mall, & Whitemud Drive. All MAJOR AMENITIES nearby + green space & playground across the street at Mount Pleasant Park! Whether you’re buying your first home or adding to your portfolio, as an investment, this just makes sense. Come into a rare opportunity for affordable ownership in a market of high demand! More details
    LISTING DETAILS

  • 206 394 WINDERMERE Road in Edmonton: Zone 56 Condo for sale : MLS®# E4429702

    206 394 WINDERMERE Road Zone 56 Edmonton T6W 0R1
    Main Photo: 206 394 WINDERMERE Road in Edmonton: Zone 56 Condo for sale : MLS®# E4429702

    206 394 WINDERMERE Road Edmonton T6W 0R1 Zone 56

    $209,900
    Condo
    Courtesy of David C St. Jean of Exp Realty
    Status:
    Active
    MLS® Num:
    E4429702
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    732 sq. ft.
    Don’t miss this investment opportunity—tenants are already in place! This contemporary 2-bedroom, 2-bathroom condo offers incredible value in the desirable Windermere community. With stainless steel appliances and in-suite laundry, this home expertly combines practicality with modern style. Enjoy the added convenience of 2 titled underground parking stalls. Built in 2018, it’s perfect for first-time buyers, investors, or those looking to downsize. The unbeatable location provides easy access to all the nearby amenities Windermere has to offer, including grocery stores, restaurants, cafes, shopping centers, parks, and more, all just a short walk away. With quick access to the Anthony Henday, commuting is effortless. Don’t miss out on the opportunity to own this stunning Windermere condo. All this home needs is YOU! More details
    LISTING DETAILS
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Data was last updated August 16, 2025 at 03:30 AM (UTC)
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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.

Edmonton Investment Properties Under $400,000: A Smart Choice for 2025 Investors

Edmonton's real estate market in 2025 offers compelling opportunities for investors seeking affordable entry points with strong growth potential. With average home prices around $463,000 as of July 2025, properties under $400,000 remain accessible, particularly for rental income or flipping. This price range targets first-time investors, focusing on condos, townhouses, and starter homes in emerging neighborhoods. As population growth and economic diversification drive demand, these investments can yield solid returns amid a seller's market.

Why Invest in Edmonton Real Estate Under $400,000?

Edmonton stands out as one of Canada's most affordable major cities for real estate investment, with lower entry costs compared to Vancouver or Toronto. Properties under $400,000 provide positive cash flow potential, especially in a market where rents are rising and vacancy rates remain low.

Market Trends in August 2025

The Edmonton housing market in July 2025 saw a 5.1% year-over-year price increase, with benchmark prices hitting $439,700—a record high. Inventory is balanced, but demand from immigration and interprovincial migration keeps pushing values up. For investments under $400,000, focus on areas with new developments and rental demand, as completions are projected to slow in 2025, supporting rent growth.

Affordability and Potential Returns

Edmonton's affordability index is strong, with household income covering ownership costs at just 35.5%—far below national hotspots. Average rents sit at $1,520 in August 2025, up slightly year-over-year, offering gross rental yields around 5-7% for properties in this range (e.g., a $350,000 duplex renting for $1,500/month). With no rent controls in Alberta, investors enjoy flexibility, and long-term appreciation is forecasted at 9% by Q4 2025.

Top Neighborhoods for Investment Properties Under $400,000

Choosing the right neighborhood is key for maximizing ROI. In 2025, focus on areas with population growth, good schools, and proximity to amenities like transit and jobs.

Fraser and Sakaw: Emerging Family-Friendly Zones

Fraser offers average prices around $345,000, ideal for townhouses with rental appeal due to nearby schools and parks. Sakaw, at $365,000, features affordable detached homes suitable for families or students, with strong appreciation potential from Edmonton's tech boom.

Abbottsfield and Secord: Budget-Friendly with Upside

Abbottsfield stands out at $165,000 average, perfect for condos or fixer-uppers in a revitalizing area near shopping. Secord, though edging higher at $477,000 overall, has pockets under $400,000 for duplexes, benefiting from west Edmonton's growth.

Summerside and Rutherford: South Edmonton Hotspots

Summerside is recommended for its lakeside appeal and family-oriented vibe, with condos under $400,000 drawing renters. Rutherford offers similar affordability, with new builds and proximity to amenities making it a top pick for long-term holds.

Types of Properties Available Under $400,000

Under $400,000, investors can find diverse options like condos for low-maintenance rentals or duplexes for multi-unit income.

Condos and Apartments: Entry-Level Rentals

Condos dominate this price point, with many in downtown or south Edmonton averaging $200,000-$350,000. They offer low vacancy risks and yields up to 6%, ideal for young professionals.

Townhouses and Duplexes: Cash Flow Generators

Half-duplexes and townhouses, like a 3-bedroom, 2.5-bath unit under $400,000, provide multi-family potential with rents covering mortgages easily. Examples include 4-bed, 3-bath homes around $400,000 in north Edmonton.

Single-Family Homes: Long-Term Appreciation

Detached homes under $400,000 are available in west or north zones, such as 1,108 sq ft properties at $400,000 with basements for suite conversions. These suit flipping or holding for Edmonton's 12% projected detached price growth.

Investment Tips for Properties Under $400,000

Success in Edmonton's market requires strategy. Research trends, calculate cash flow, and consider mortgages without 20% down for rentals.

Research and Due Diligence

Analyze rental rates and vacancy (around 2-3% in 2025) using tools like CMHC reports. Focus on economic drivers like tech hubs for sustained demand.

Financing and Cash Flow Strategies

Get pre-approved and aim for positive cash flow—e.g., $1,500 rent on a $350,000 property after expenses. Use Alberta's investor-friendly policies, like no land transfer tax.

Risks and Mitigation

Watch for trade tensions impacting jobs, but mitigate with diverse neighborhoods. Hire property managers for hands-off investing.

Conclusion: Seize the Opportunity in Edmonton's Affordable Market

Investment properties under $400,000 in Edmonton offer a gateway to profitable real estate in 2025, blending affordability with growth. Whether targeting rentals in Fraser or flips in Abbottsfield, the market's resilience and yields make it a must-consider. Consult local agents and stay updated on trends for the best outcomes.

Data last updated on August 16, 2025 at 03:30 AM (UTC).
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
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.