Downtown Homes with Partial Basement Development

Welcome to Downtown Alberta, a vibrant and dynamic community that perfectly blends urban convenience with a welcoming small-town feel. Nestled in the heart of the province, Downtown is a thriving hub that boasts a rich tapestry of culture, history, and modern amenities. Whether you’re an aspiring homeowner, a young professional, or a family looking for a place to grow, Downtown has something for everyone.

One of the standout features of homes in this area is the availability of properties with partial basement development. These homes offer a fantastic opportunity for customization, allowing you to tailor the space to meet your unique needs. Imagine transforming that extra space into a cozy home theater, a playroom for the kids, or even a private office where you can work in peace. The possibilities are endless!

Living in Downtown means you’re just steps away from an array of local shops, restaurants, and entertainment options. Enjoy leisurely strolls through picturesque parks or take advantage of the vibrant arts scene that showcases local talent. With community events and festivals happening throughout the year, residents have ample opportunities to connect and engage with their neighbors.

Moreover, Downtown’s strategic location ensures easy access to major transportation routes, making commuting a breeze. With a strong sense of community and a commitment to maintaining a high quality of life, Downtown Alberta is not just a place to live; it’s a place to thrive. Explore the charm of this remarkable neighborhood and discover your dream home today!

Newest Downtown Homes with Partial Basement Development

$375,000

4 Beds ⋅ 2 Baths ⋅ A2342710 MLS® #

Character, charm and space right in the heart of downtown Drumheller.This lovingly cared for character home is the kind of property that makes you appreciate the details of an older home. Original woodwork and timeless character are found throughout, while the layout offers plenty of room for family and guests, with a spacious primary bedroom on the main floor plus three additional bedrooms upstairs.Outside, there’s no shortage of space either. A large backyard, private deck, gas hookup for the BBQ and a beautiful garden space in a peaceful spot to enjoy those warm summer evenings. There’s also plenty of off-street parking for vehicles, toys and guests, plus a large single garage at the back.All of this, just steps from downtown and everything Drumheller has to offer. If you love character homes, this one deserves a closer look.

275 3 Ave E, Drumheller

Courtesy of Century 21 Masters.

$399,900

5 Beds ⋅ 3 Baths ⋅ A2340499 MLS® #

Character, flexibility & opportunity in a prime downtown location! This unique corner lot home offers far more space and versatility than meets the eye. Featuring two separate living spaces, two kitchens, two laundry areas and multiple living spaces this property offers plenty of options for a large family, extended family, roommates, or those looking for additional rental potential.The main floor offers two bedrooms, while the upper level features three additional bedrooms, giving you room to spread out. Enjoy the charm of the front porch, or head upstairs to the rooftop patio, a rare feature and a great spot to relax, entertain or take in the surrounding views added features includes garage for covered parking, & extra storage. Whether you’re looking for a spacious home, a property with income potential, or a place you can adapt to suit your needs, this one offers plenty of possibilities. Prime downtown corner location, character throughout and loads of potential, come take a look and decide what this home could be for you!

210 1 Street W, Drumheller

Courtesy of Century 21 Masters.

$235,900

2 Beds ⋅ 1 Baths ⋅ A2344722 MLS® #

This charming home is situated in the heart of Blackfalds’ downtown core and offers an excellent opportunity for investors, hybrid living, or anyone looking for an affordable property with room to grow. With C1 zoning that also allows residential use, this property offers flexibility along with a generous 7,560 square foot lot, large backyard, mature trees, and alley access.The front entry provides plenty of space for belongings and storage, while the living room offers ample room for comfortable furnishings and flows directly into the well-appointed kitchen and dining area. The kitchen features stainless steel appliances, a cozy nook, corner cabinetry, and access to the partially covered deck. The upper level is complete with two bedrooms, a 3-piece bathroom with glass shower door, additional storage, and a separate entry.The partially finished basement provides side-by-side laundry, utility space, and a den/office area with additional room for storage or future development. Outside, the partially fenced backyard offers mature trees, plenty of space to entertain, and room to enjoy the outdoors. A detached garage and extended parking lane provide additional parking and can accommodate an RV.Additional perks include updated flooring and a brand-new back deck. Enjoy the convenience of being close to an upcoming daycare, schools, parks, shopping, and other amenities, all while being situated in the heart of Blackfalds’ charming downtown core. Whether you’re looking for an investment opportunity, a starter home, or a property with flexibility and room to grow, this one is worth a look.

5107 Broadway Avenue, Lacombe County

Courtesy of Coldwell Banker OnTrack Realty.

$192,500

2 Beds ⋅ 1 Baths ⋅ A2341082 MLS® #

Located within walking distance to all things Downtown Drumheller has to offer. The Brewery, Coffee house, Movie theatre , swimming pool, splash park, library, gym and the shops of downtown. This 2 bedroom cottage style bungalow has vaulted ceilings in bedrooms, large living room, formal dining area, galley kitchen and main floor laundry. 4 pc bathroom and 1 of the bedrooms has a window perfect to build a Catio. Off street parking. Please come pre-approved

355 4 Street W, Drumheller

Courtesy of RE/MAX Now.

$384,900

3 Beds ⋅ 2 Baths ⋅ A2325418 MLS® #

Opportunity for investment or for first time home ownership comes with this tastefully updated bungalow with a detached double garage that's heated, insulated, and wired for 240v! Lets get right into it - Starting in 2019 with new shingles for BOTH the garage and the home, new siding, new back door, baseboards and trim, kitchen sink and hardware; into 2020 when there was a new HWT installed, new furnace, equipped and ready for an AC unit, new electrical panel, new wiring in basement and new insulation! 2021 saw improvements with new kitchen counter tops, a completely new bathroom in the basement, and a brand new furnace in the garage. There are three bedrooms upstairs and a full four piece bath. Downstairs awaits your final touches with the rough ins already in place and the bathroom already completed. And for those who don't like stairs, there also a main floor laundry hook up! Outside, enjoy a private and fenced yard, only steps away from the main drag, yet far enough away that all you can experience is the quiet. There is a right of way behind the home, so no neighbour is directly behind, allowing you access to your back yard from there, if needed. Add to this the possibility that comes with the re-zoning of this subdivision to accommodate commercial/residential mixed usage, you can entertain endless possibilities and flexibility for your next business venture.

4 Mcleod Street, Wood Buffalo

Courtesy of People 1st Realty .

$309,000

3 Beds ⋅ 3 Baths ⋅ A2325196 MLS® #

Meticulously maintained 2-bedroom condo in desirable Long Boat Landing, backing directly onto the greenbelt! This beautifully cared-for home features an open-concept main floor with a stylish kitchen showcasing modern cabinetry, upgraded appliances, and a thoughtfully designed coffee station that provides additional counter space and functionality.French doors open to a private balcony overlooking the tranquil greenbelt, creating the perfect setting to relax and unwind.Upstairs, you'll find two spacious bedrooms, each complete with its own private full ensuite—ideal for homeowners, guests, or roommates.The oversized heated attached garage offers direct access to the home, providing year-round comfort and convenience.Presented in exceptional condition, this move-in-ready property combines low-maintenance living with an active lifestyle, all in a sought-after location close to walking trails, parks, and amenities.

140 Fontaine Crescent Unit 2, Wood Buffalo

Courtesy of ROYAL LEPAGE BENCHMARK.

$399,000

3 Beds ⋅ 1 Baths ⋅ A2323825 MLS® #

Own a Piece of Sylvan Lake — and Make It Work for You Tucked among mature trees just blocks from the water, this charming 3-bedroom, 1.5-bath cottage has been fully refreshed and is ready to generate income from day one. With brand new floors, fresh paint, and two updated bathrooms, the hard work is already done — all that's left is to enjoy the returns. The main floor offers two bedrooms, a spacious living room with a cozy wood-burning fireplace, and a butler pantry off the kitchen with rough-ins for a sink — a practical bonus for a rental setup. A third bedroom with its own 2pc bathroom sits on the upper level, giving guests or tenants their own private retreat. Outside, you'll find a double detached garage, a private yard surrounded by mature trees, and 75 x 130 ft across three titled lots — plenty of space to add value over time. The back lane adds convenience, and the east-facing front exposure means gorgeous morning light. Sylvan Lake's rental demand runs strong through every season, and this location — walkable to the lake, shopping, schools, and the golf course — keeps it consistently attractive to tenants. Whether you're adding to your portfolio or stepping into your first income property, this one is move-in ready and waiting. NOTE ZONING DC-50 for future Multifamily permit

4734 50 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

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