Edmonton Condos for Sale Under $200,000

Apartment condos at $200,000 or less, and what to check before you buy one.

What this search shows

Every active MLS® listing in Edmonton for a condo apartment, penthouse or loft at a list price of $200,000 or less. Townhouses are not included; they are on the townhouses page.

A condo apartment under $200,000 is the least expensive way to own a home in Edmonton, and there is plenty to choose from at this price. It is also the part of the market where the building matters as much as the unit: two condos at the same price can differ by hundreds of dollars a month in fees.

Edmonton condos for sale under $200,000, as of October 9, 2026

702homes for sale
$162,500median list price
$206median per sq ft
52 daysmedian time listed
56new in the last 7 days

Most are in Wîhkwêntôwin (79), Downtown (60), South Terwillegar (27), Clareview Town Centre (24), Windermere (20), Queen Mary Park (19).

Check the building before the unit

The fee, the reserve fund and any special assessment are what decide whether a low price is a good buy. A fee that seems high can be fine if it covers heat and the building is saving properly; a low fee on a building with an old roof and a thin reserve fund is the expensive one. The condo building directory has sold prices per square foot and recorded fees by building, and condo buying 101 covers the documents to ask for.

Bylaws, rentals and resale

Many older buildings limit rentals, pets or both, which matters for an investor and for anyone who may rent the unit out later. Resale in this price range can also be slower, because many similar units are listed at once. Ask Ryan to read the bylaws and the last year of board minutes with you before you remove conditions.

Common questions

How many condos under $200,000 are for sale in Edmonton?

As of October 9, 2026 there are 702 condos under $200,000 for sale in Edmonton on the MLS® System. The median list price is $162,500, and most are listed between $109,900 and $198,000.

Which neighbourhoods have the most condos under $200,000?

Today the most are in Wîhkwêntôwin (79), Downtown (60), South Terwillegar (27), Clareview Town Centre (24), Windermere (20).

How big are condos under $200,000 in Edmonton?

The median is 800 square feet and 2 bedrooms.

What are condo fees on condos under $200,000?

In the buildings where recent sales recorded a fee, the median is $496 a month (440 of the 702 listings). Fees vary widely by building and by what they cover, so check each building's documents.