Downtown Homes under $1 million

Welcome to the heart of Downtown Alberta, a vibrant community that beautifully blends urban sophistication with a welcoming small-town charm. This dynamic area is a hub of activity, where culture, commerce, and community come together to create an unparalleled living experience. With its bustling streets lined with trendy cafes, boutique shops, and art galleries, Downtown is not just a place to live—it's a lifestyle.

One of the most appealing aspects of Downtown is the diverse range of homes available, especially for those seeking options under $1 million. Whether you’re looking for a modern condo with stunning city views or a charming townhouse with character, Downtown offers a variety of properties that cater to different tastes and budgets. Enjoy the convenience of urban living without breaking the bank, making it an ideal choice for first-time buyers, families, or anyone looking to invest in a thriving community.

The sense of community in Downtown is palpable, with numerous parks, community events, and local markets that foster connections among residents. You'll love the accessibility to public transportation, making it easy to explore all that Alberta has to offer. Plus, the area is known for its safety and friendly atmosphere, ensuring peace of mind for you and your loved ones.

Discover the allure of Downtown Alberta, where your dream home awaits amidst a backdrop of culture, convenience, and community spirit. Embrace the opportunity to live in this enchanting neighborhood, where every day brings new adventures and possibilities. Your future in Downtown is bright—let’s make it happen!

Newest Downtown Homes under $1 million

$474,900

4 Beds ⋅ 2 Baths ⋅ A2350689 MLS® #

Single-Family house in downtown Sylvan Lake, a short walk to the lake, marina and main street. This 2,017 sq ft two-storey sits on 2 - 25 x 115 lots zoned WDC with back lane access, a large gravel driveway and RV pad. Four bedrooms, two full bathrooms, a big eat-in kitchen, a main floor living room and a second floor family room set up as a games room. The home sleeps ten and is sold fully furnished, with furniture, beds, games and TVs negotiable in the sale. The current owner holds an active Short Term Accommodation Rental (STAR) agreement with the Town and the property has a strong booking history ($50,000 + per year) with summer dates already reserved for 2027 (which can be transferred or released by the new owner). Updates under current ownership include a full Blueskin foundation wrap, screw piles at the front and rear landings, electrical inspection with upgraded outlets, furnace servicing, portable AC units, new trees and a complete interior and exterior repaint. Shed and firepit area in the yard. A turnkey income property, a large family home close to the beach, or a downtown lot with future multi-family potential. Buyers to confirm STAR transfer requirements with the Town of Sylvan Lake.

5036 51a Street, Red Deer County

Courtesy of KIC Realty.

$309,900

3 Beds ⋅ 1 Baths ⋅ A2350372 MLS® #

A unique opportunity in Blackfalds! Situated on a C1 commercially zoned lot, this charming 1959-1961 built bungalow offers approximately 1,137 sq. ft. of comfortable living space with 3 bedrooms, 1 full bathroom and plenty of possibilities for the future. The approximately 75’ wide x 133’ deep reverse pie-shaped lot narrows toward the rear and is fully fenced, with a back gate providing convenient RV parking. Inside, the home has seen numerous updates and is turnkey and ready to move into. Improvements over the years include windows, doors, shingles, paint, flooring and much more. The bright, open main living area connects the spacious living room, dinette and kitchen, creating an inviting space for everyday living. The kitchen features an island and includes the fridge, stove, dishwasher and an additional freestanding storage cabinet. The primary bedroom offers double closets and direct access to the rear deck. The full bathroom includes a tub/shower, toilet and sink, while two additional bedrooms complete the sleeping areas. A convenient main-floor laundry room includes the washer and dryer, hot water tank and storage cabinetry, with additional space that could function nicely as a pantry. The furnace has also been replaced and is located in the crawl space. The crawl space features dry sand below and a concrete foundation supporting the home. Outside, enjoy a mature, established lot with beautiful trees providing greenery, character and privacy. The spacious rear deck measures approximately 29’ x 8’. There are two storage sheds measuring approximately 6.6’ x 9.6’ and 8’ x 10’, plus a doghouse. The attached single garage measures approximately 22’ x 12’ and has a separate exterior entrance rather than direct access from inside the home. The garage roof has been redone and the shingles replaced. This could be an excellent option for a first-time buyer, single person, couple, downsizer or senior looking for a smaller detached home without the ongoing lot lease fees associated with many mobile-home communities. With 3 bedrooms, main-floor laundry and no basement stairs required for everyday living, this home packs a lot into its footprint. The C1 commercial zoning adds another interesting dimension to this property. Enjoy the home as it is, subject to permitted use, or investigate future redevelopment possibilities. Buyers are responsible for confirming zoning, permitted/discretionary uses, development requirements and future plans directly with the Town of Blackfalds and applicable authorities. Conveniently located in Blackfalds with access to shopping, services, schools and recreation, plus an easy commute to Red Deer and Lacombe. A rare combination of a move-in-ready home, mature treed lot, RV parking, storage and commercial zoning -bring your ideas and explore the possibilities!

4908 Moore Street, Lacombe County

Courtesy of RE/MAX real estate central alberta.

14921 Macdonald Drive Unit 110, Wood Buffalo

$69,900

3 Beds ⋅ 1 Baths ⋅ A2349756 MLS® #

UPDATED | 3 BEDROOMS | AMAZING CONDITION! This may genuinely be one of the nicest units I have seen in the Towers on MacDonald Drive! Beautifully updated, exceptionally well cared for. An ideal choice for those seeking a low maintenance lifestyle in a central location, complete with the advantage of a built in income opportunity. Conveniently located downtown, close to all amenities, Miskanaw Golf Club, MacDonald Island Park, beautiful walking trails, bus routes, restaurants, medical services and so much more. A great unit for an active lifestyle! This 3 bedroom condo unit is has undergone plenty of improvements and complete with a large living room that features lots of natural light from the patio doors, galley kitchen with white cupboards, large closet, vinyl plank flooring, 1 bathroom, storage room and 1 assigned parking stall (183B) complete the package of this main floor unit. The property includes updated flooring throughout the hallways, 24 hr security, 24 hr laundry room, gym, games room, and plenty of visitor parking. Condo fees are $765.19 and include: Professional management, Common Area Maintenance, Heat, Reserve Fund Contributions, Snow Removal, Trash, Water, and Security. Call now to book your private tour!

14921 Macdonald Drive Unit 110, Wood Buffalo

Courtesy of COLDWELL BANKER UNITED.

13221 Macdonald Drive Unit 1011, Wood Buffalo

$59,900

2 Beds ⋅ 1 Baths ⋅ A2350123 MLS® #

COME FOR THE STUNNING VIEWS FROM YOUR BALCONY! TRULY Affordable living in a PRIME location of Downtown. THE PERFECT LOCATION, Walk to MacDonald Island for all your leisure pleasure such as golfing, hockey, swimming, concerts at SMS Place & more! The perfect investment property for those savvy buyers, this beautiful 2 bedroom, 1 bath condo/apt is on the 10th Floor , elevator in the building and is a turnkey investment property. Call now to view. Condo fee is and includes heat, hot-water, insurance for the complex, common area and exterior maintenance for the building. Comes with one titled covered parking stall. CALL NOW. Tenants in place with lease in place until March 31, 2027. 24 hour notice required for all showings.

13221 Macdonald Drive Unit 1011, Wood Buffalo

Courtesy of RE/MAX Connect.

13221 Macdonald Drive Unit 500, Wood Buffalo

$59,900

2 Beds ⋅ 1 Baths ⋅ A2350071 MLS® #

Investor Alert! Prime location in downtown, with views of the courtyard and the River. Corner condo unit features 2 bedrooms, 1 bath and has been refurbished making this home feel stylish with a modern flare. Located on the 5TH floor of the Tower 2 high rise this Building has elevator, security, leisure centre and on-site convenience store. Includes Fridge, stove and underground covered parking stall(titled). Tenants in place hour notice required (mon-sat) for showings.

13221 Macdonald Drive Unit 500, Wood Buffalo

Courtesy of RE/MAX Connect.

$394,900

3 Beds ⋅ 2 Baths ⋅ A2349407 MLS® #

Enjoy convenient main-floor living in this very bright three-bedroom, two-bathroom home featuring vaulted ceilings, new laminate flooring, and fresh paint. Excellent curb appeal with a flag stone walkway to the front steps. Additional parking pad on the side of the property. The kitchen includes a beautiful gas range and an externally vented range hood. A spacious family room with a gas fireplace offers a comfortable place to gather. The south-facing backyard features a large deck for relaxing or entertaining, along with a greenhouse and raised garden beds for your gardening projects. The large heated triple detached garage provides plenty of space for vehicles, storage, and hobbies, with RV parking available as well. Located in an excellent area, close to schools, parks, shopping, and downtown, and just minutes from the beach.

5119 48 Avenue, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

13221 Macdonald Drive Unit 900, Wood Buffalo

$59,900

2 Beds ⋅ 1 Baths ⋅ A2349561 MLS® #

Investor Alert! Prime location in downtown this is a fantastic 2 bedrooms, 1 bath professionally managed by On-Site Solutions with a tenant in place. Located on the 9TH floor of the Tower 2 high rise this Building has elevator, security, leisure centre and on-site convenience store. Includes Fridge, stove and underground covered parking stall(titled 157A). Tenants in place until end of May 2027. 24 hour notice required (mon-sat) for showings. Call for to view.

13221 Macdonald Drive Unit 900, Wood Buffalo

Courtesy of RE/MAX Connect.

$225,000

2 Beds ⋅ 2 Baths ⋅ A2349551 MLS® #

Welcome to Creekside Crossing in Downtown Airdrie. This thoughtfully laid-out 692.84 sq. ft. home offers two bedrooms and two full bathrooms, including a private ensuite off the primary bedroom. The kitchen opens to a separate dining area, while the living room provides access to the patio. In-suite laundry and one assigned parking stall add everyday convenience. Enjoy easy access to shops, restaurants, fitness and professional services, with schools, parks, pathways and Nose Creek nearby.

403 Mackenzie Way Sw Unit 3108, Airdrie

Courtesy of RE/MAX House of Real Estate.

$419,000

5 Beds ⋅ 2 Baths ⋅ A2349382 MLS® #

Welcome to 32 Moberly Crescent, a bungalow on one of the most sought-after streets in downtown Fort McMurray. Set on a large, fully landscaped lot with mature trees, this home offers space inside and out — perfect for a growing family or anyone looking to settle into an established neighbourhood. The main floor features a bright living room, dining room, and a modern kitchen with dark cabinetry, marble-look ceramic tile flooring, and stainless steel appliances. It’s a functional space with a great view of the backyard, making it easy to imagine family dinners, weekend baking, or entertaining friends. There are also three bedrooms and a full bathroom on this level. The basement has a separate entrance and adds even more potential. It includes two additional bedrooms, a full bathroom, a living room, laundry area, and utility room. There is also a brick corner already prepped for a wood stove, creating an opportunity to make the space warm and inviting — a perfect spot for movie nights or a cozy winter retreat. Outside, the large yard provides plenty of room for kids to play, summer BBQs, gardening, or simply enjoying the privacy of the mature trees. The 16’ x 24’ garage and fully paved four-car driveway offer excellent parking and storage. This home is ideally located close to Keyano College, the Syncrude Sport and Wellness Centre, Composite High School, shopping, and everyday amenities. It’s also just minutes from Heritage Park and the beautiful trail system — a great setting for an active lifestyle. With recent updates including shingles within the last five years, plus new basement flooring and a hot water tank in 2025, this home is ready for its next chapter. A wonderful opportunity to create something special in a fantastic downtown location.

32 Moberly Crescent, Wood Buffalo

Courtesy of COLDWELL BANKER UNITED.

$659,900

7 Beds ⋅ 4 Baths ⋅ A2349264 MLS® #

4-Plex in the Heart of Sylvan Lake sitting on 3 lots!!! Amazing Investment Opportunity 3 - 2 Bedroom Units that are 931 square feet, 909 square feet and 861 Square feet plus a 1 bedroom lower level unit which is 642 square feet! All Units are in very good condition with newer kitchens and appliances and all have in unit storage! Front and Back Entrances, a ton of parking, Laundry Room with 1 Commercial Washer and Dryer, additional storage area, which could convert the 1 Bedroom lower level unit to a 2 bedroom unit. Roof is 30 Year Architectural Shingles which are believed to be 15 years old. HWT was replaced last year! Balconies were just rebuilt and painted, Front and Back Entrances have new Vinyl Plank Flooring, New Paint in Back Entrance. Excellent Investment Opportunity!

4639 48 Street, Red Deer County

Courtesy of Realty Executives Alberta Elite.

$659,900

A2349257 MLS® #

4639 48 Street, Red Deer County

Courtesy of Realty Executives Alberta Elite.

$239,900

1 Beds ⋅ 1 Baths ⋅ A2348702 MLS® #

Welcome to FLETCHER VILLAGE, one of Airdrie’s most sought after ADULT LIVING COMMUNITIES, ideally located in the heart of downtown! This IMMACULATE, TURN KEY UNIT has been exceptionally well cared for and is ready for its new owners.The bright and functional layout offers a comfortable living space with access to a COVERED BALCONY, a well maintained kitchen with a NEW FRIDGE, convenient STACKED LAUNDRY, a BEAUTIFUL TILED SHOWER, and a LARGE LAUNDRY ROOM offering plenty of additional storage.Even better, ELECTRICITY and BASIC CABLE IS INCLUDED in the condo fees! Fletcher Village offers a great selection of amenities, including a workout facility, craft room, and onsite hair salon! The location is hard to beat! Enjoy SHOPPING, RESTAURANTS AND GROCERIES WITHIN WALKING DISTANCE, along with nearby scenic pathways and green space.If you are looking for LOW MAINTENANCE LIVING in a well established community with an incredibly convenient location, this is an opportunity you won’t want to miss!

305 1 Avenue Nw Unit 316, Airdrie

Courtesy of Century 21 Bravo Realty.

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