5 Most Affordable Condos in Edmonton: Budget Condo Living

One of the best ways to enjoy living in the city of Edmonton is by calling one of its many condos home, and it doesn’t have to break the bank. For those looking to lower their cost of living in Edmonton, there are many affordable condo options. Whether you're looking for a comfortable place to call home or a promising addition to your investment portfolio, these affordable condos in Edmonton might just be the answer you've been searching for. 

Oxford Bay

Oxford Bay is located in the Oxford neighbourhood, just off 127 Street NW. Open-concept one-bedroom floorplans include around 800 square feet of living space, while two-bedrooms can reach 1,100 or more. Units generally sell from the high $100,000s to the high $200,000s. 

Owners enjoy desirable features like elevator access, balconies, interior fireplaces, air conditioning, in-unit laundry, and even walk-in closets. There are also plenty of building amenities, including a fitness centre, rooftop patio, movie room, underground parking, and more, like rentable space for parties and community events. 

The building backs onto Oxford Lake, providing gorgeous views from condos and a delightful, peaceful green space right outside the owners' front doors. Oxford Park is also nearby, offering sports fields, a playground, and other public amenities, just one of several parks within a short walk of the building. In addition, the development is just minutes from extensive shopping along 167 Avenue NW, including supermarkets, big box stores, and restaurants like Halong Bay Noodle House. 

Furthermore, Oxford Bay's proximity to Anthony Henday Drive is ideal for commuters, who can reach anywhere in the region. 

Skyview Landing

Skyview Landing, just off 153 Avenue NW in the Cumberland neighbourhood, offers one or two-bedroom homes from around 800 square feet to more than 1,000. Properties sell in the mid to high $100,000s. Residents can also get to know their neighbours in a community room and fitness room within the building or entertain on their private balconies with gas barbecue hookups. Inside, homes offer light-filled open layouts with engineered hardwood floors, walk-through closets, and in-unit washers and dryers. 

Skyview Landing is a top choice for active residents and park lovers, who'll find Cumberland Park's green space and water features close by, as well as the sports-focused Henry Singer Park and CAC Arena a short distance away. 

It's also convenient to several major highways, including Anthony Henday Drive, Highway 2/Mark Messier Trail, and Highway 16/Yellowhead Highway. Skyview Landing includes an underground parking garage for residents and access to additional secure storage units. While the Cumberland community is almost entirely residential and parks, it's still less than two kilometres from extensive shopping like the Skyview Centre and entertainment options along 137 Avenue NW.  

Hudson House

Buying on a budget doesn't have to mean giving up on a location in the heart of downtown Edmonton, as Hudson House proves. The 15-storey tower is on 114 Street NW, between Jasper Avenue and 102 Avenue NW. 

It's ideally positioned to enjoy both the many shops and restaurants of the Oliver neighbourhood and the commercial and entertainment spaces downtown, like the fast-growing ICE District around Rogers Centre. 

Meanwhile, residents have nearly everything they need, from food shopping to daily errands within walking distance. Owners are just a few blocks from Victoria Park and Golf Course, one of Edmonton's top riverfront attractions, known for its walking trails, sports fields, and more. In addition, Hudson House is convenient to educational options like MacEwan University and numerous public transit routes. 

Properties in Hudson House primarily sell in the mid-to-upper $200,000, with layouts generally including two bedrooms and two bathrooms spread over 1,000-1,300 square feet of living space. Meanwhile, the multi-level penthouse offered for $750,000 delivers a 2,200-square-foot floorplan.

The building features top amenities like underground parking, a community fitness room, a rentable party room, and private balconies for the units. Homes commonly include stainless steel appliances, granite countertops, walk-in closets, in-unit laundry, and many more finishes befitting much pricier condos. 

Stafford Greens

Stafford Greens is on the west side of Anthony Henday Drive in Southwest Edmonton. Compact one-bedroom units around 600 square feet complemented by two bedrooms, topping 1,130 square feet. They sell from around $200,000 into the mid-$400,000s. 

Residents of this modern building enjoy tall ceilings, large windows, and private balconies with gas hookups. Those who prefer to cook inside enjoy chef's kitchens with stainless steel appliances, expansive cabinet space, and quartz counters. Units also include popular conveniences like in-unit laundry and air conditioning. Both conveniently located outdoor parking and covered secure indoor parking are available. 

The building is part of the Granville neighbourhood, known for its quieter, more suburban feel, with numerous community parks, playgrounds, walking trails, and other amenities. 

Shopping and dining are just blocks away, with options from big-box stores and supermarkets to restaurants spanning numerous familiar and international cuisines. The River Cree Resort and Casino is also nearby for those looking to try their luck or catch a live show. The location at the edge of the city also means it's easy and fast to escape to the rural communities to the west, top areas for hiking, fishing, and other outdoor pursuits. 

Waterstone

Completed in 2014, the Waterstone is an affordable condo complex in southern Edmonton just off Rabbit Hill Road NW near Anthony Henday Drive. Many units provide peaceful water views of MacTaggart Pond from their covered balconies, which include gas hookups for barbecuing. This adjacent green area is perfect for relaxing close to home or hitting the nearby network of trails that lead directly to the gorgeous Whitemud Creek Ravine. In addition, Waterstone residents have access to a fitness center and party room, as well as a rentable guest suite for visitors and underground parking. 

Shoppers will love their new home at Waterstone, as it's just a few minutes down the road from the sprawling Currents at Windermere shopping centre, the site of everything from diverse restaurants to movie theatres to big box stores and other top retailers. One of Edmonton's best golf courses, Jägare Ridge Golf Club, is also close by. 

One and two-bedroom homes (including those with additional dens) make up the housing options in the Waterstone, ranging from under 600 square feet to more than twice that size. They typically sell from upper-$200,000 to mid-$500,000. The price can seem like an even better bargain after viewing high-end features like engineered hardwood floors, granite countertops, stainless steel appliances, and expansive closet space. 

Enjoy Affordable Condo Living in Edmonton

Edmonton’s affordable condos provide more than just lower prices. They’re strategically located in desirable neighbourhoods, providing convenience to some of the city’s best amenities. With amenities that rival those of the best condos in Edmonton, these affordable condos would make excellent homes for anyone looking to move to the city.