Downtown Homes with Partial Basement Development

Welcome to Downtown Alberta, a vibrant and dynamic community that perfectly blends urban living with a touch of small-town charm. Nestled in the heart of the province, Downtown offers a unique lifestyle that appeals to families, young professionals, and retirees alike. With its stunning streetscapes, diverse dining options, and rich cultural scene, this area is a true gem waiting to be explored.

One of the standout features of homes in Downtown is the availability of properties with partial basement development. These homes provide an excellent opportunity for customization and expansion, allowing residents to create functional spaces that suit their lifestyles. Whether you envision a cozy home office, a playroom for the kids, or a serene retreat for relaxation, the potential is limitless. The partial basements not only enhance the living space but also add value to your investment, making these homes an attractive choice for buyers.

In addition to the impressive residences, Downtown boasts a plethora of amenities. Residents can enjoy easy access to local boutiques, art galleries, and farmers' markets, fostering a sense of community and connection. Parks and recreational facilities are just a stone's throw away, providing ample opportunities for outdoor activities and family gatherings.

With its rich history, friendly atmosphere, and a strong sense of community, Downtown Alberta is more than just a place to live—it's a place to thrive. Discover your dream home with partial basement development today and experience all that this enchanting area has to offer!

Newest Downtown Homes with Partial Basement Development

$285,000

3 Beds ⋅ 2 Baths ⋅ A2328947 MLS® #

This end-unit townhome in an established Blackfalds neighbourhood offers 1,196 sq ft of above-grade living space (RMS), 3 bedrooms, and 1.5 bathrooms. A full, partially finished basement adds further living space. As an end unit, the home has additional windows on one side compared to interior units in the same building. Recent updates include fresh interior paint and a new fence. The backyard faces west. Off-street parking is included. The property is part of a townhome complex with no condominium fees. The property is located near schools, playgrounds, and the Abbey Centre (indoor pool, waterslides, and indoor play space), as well as the Eagle Builders arena, the public library, and local parks and trails. Shopping and everyday amenities are within the immediate area. The property is a short drive north of Red Deer via the QEII corridor.

4808 Landsdown Avenue, Lacombe County

Courtesy of eXp Realty - Sylvan Lake.

$389,900

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 .

$319,000

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.

4734 50 Street, Red Deer County

Courtesy of Royal LePage Network Realty Corp..

Start Your Search

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .