Downtown Homes with Partial Basement Development

Welcome to Downtown Alberta, a vibrant community that perfectly blends urban sophistication with a welcoming small-town charm. Nestled in the heart of the province, Downtown is not just a location; it’s a lifestyle. Residents enjoy a rich tapestry of cultural experiences, from art galleries and theaters to an array of delightful restaurants and cafes that cater to every palate. The bustling streets are alive with activity, making it an ideal place for those who thrive in a dynamic environment.

One of the standout features of Downtown is its diverse range of housing options, including homes with partial basement development. These homes offer the perfect balance of space and functionality, providing additional living areas that can be transformed into cozy family rooms, home offices, or even guest suites. With the partial basement, homeowners can enjoy the flexibility to customize their living space to suit their unique needs while still benefiting from the charm that Downtown has to offer.

In addition to the appealing homes, the community is surrounded by beautiful parks and green spaces, perfect for leisurely strolls, picnics, or outdoor activities. The sense of community is palpable, with local events and farmers' markets bringing residents together to celebrate the essence of Downtown living.

Whether you are a first-time homebuyer, a growing family, or looking to downsize, Downtown Alberta's homes with partial basement development offer an exceptional opportunity to immerse yourself in a lively community while enjoying the comfort and convenience of your own space. Come explore what makes Downtown a wonderful place to call home!

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.

$399,900

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..

$109,900

2 Beds ⋅ 1 Baths ⋅ A2315251 MLS® #

Excellent opportunity to own instead of rent! This cozy 624 square-foot home features 2 bedrooms, 1 bathroom, and a partial basement, making it an ideal option for a first-time home buyer, investor, or someone looking to downsize. The main floor has seen renovations and offers a comfortable, updated living space with plenty of potential. Located in the downtown area, you’ll enjoy easy access to shopping, restaurants, and all amenities. Low taxes and an aggressive listing price, combined with a negotiable seller, make this property an affordable option in today’s market. Why rent when you can own for less? A package deal for A2315129 and A2315251 sold together will be aggressively negotiated. The homes will have tenants Aug 1 if not sold prior!!!

10030 102 Street, Peace No. 135, M.D. Of

Courtesy of Century 21 Town and Country Realty.

$199,900

2 Beds ⋅ 1 Baths ⋅ A2309630 MLS® #

Downtown Cottage with Charm ! Situated on a 50x120 lot with shed and off street parking. Walking distance to the amenities of downtown, splash park and the river, bike paths. Inside the house you'll find formal dining open to living room, 2 bedrooms, 1 with walk in closet. A 4pc bathroom and a kitchen with built in China cabinet. Basement provides good storage and laundry. Recent upgrades include electrical, lighting, bathroom including fixtures and fan, kitchen, some flooring and paint just to name a few....

148 3 Street W, Drumheller

Courtesy of RE/MAX Now.

$188,800

2 Beds ⋅ 1 Baths ⋅ A2307843 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, gally 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.

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: .