8 Most Expensive Neighbourhoods in Edmonton, AB

As the capital city of Alberta, the Edmonton community provides a vibrant modern lifestyle in the midst of breathtaking natural beauty. It has a population of about 1.5 million people and is North American's northernmost city with a population of more than 1 million. Those who move to Edmonton are called Edmontonians, and they have access to a wonderful variety of amenities.

The city is nicknamed "Canada's Festival City" for the many festivals held in the city year-round. West Edmonton Mall, North America's largest mall, is located here, as is Fort Edmonton Park, Canada's largest living history museum. Its Francis Winspear Centre for Music, home of the Edmonton Symphony, was designed to be one of the most acoustically perfect. The city is also home to the Catalyst Theater and the University of Alberta. The city also has rich nightlife, especially along Whyte Avenue. IIts Ribbon of Green is the largest urban park system in Canada, and almost all the city has connections to walking and biking trails.

The city is divided into more than 375 neighbourhoods. Read on to discover the most expensive Edmonton neighbourhoods and why they're worth their price tags.

Windsor Park

The Windsor Park neighbourhood in the Southwest Edmonton community is bordered by the University of Alberta on the east. It overlooks the North Saskatchewan River Valley to the north, west, and southwest. It also shares a border on its south with the Belgravia neighbourhood. This neighbourhood of over 2,800 residents is notable for its proximity to the university. Residents enjoy the performing arts and community events at the Northern Alberta Jubilee Auditorium, built in 1957 adjacent to the neighbourhood and the U of A campus.

Allan Ormand owned and farmed the area in the 1880s, and it became part of the city in 1911. It remained largely undeveloped until the 1940s and 1950s. The neighbourhood was named after Windsor Castle. Most dwellings are single-family detached luxury homes, and the average listing price for a home is about $935,000.

Although the neighbourhood is primarily residential, some shops and restaurants are located along 87 Ave NW. These include the Duke's Diner and Greenhouse Health Eatery restaurants, as well as the Stollery Kids Store, which is operated by the Children's Hospital Foundation.

Crestwood

The Crestwood neighbourhood houses around 2,300 people in the West Edmonton community. The neighbourhood is situated between two ravines and overlooks the North Saskatchewan River. The Edmonton River Valley borders the neighbourhood on the east, the MacKinnon Ravine on the north, the MacKenzie Ravine on the south, and 149 Street on the west. Most of its houses were built in the 1940s through the 1960s.

The neighbourhood is known for YEG Candy Cane Lane, an area on 148 Street between 100 Avenue and 92 Avenue. Residents decorate their homes and yards with brightly coloured lights annually from December 7 until January 1. Candy Cane Lane also offers bonfires and sleigh rides. The average home price is about $1 million.

The neighbourhood is 5–10 miles from the Downtown Edmonton neighbourhood. The Crestwood Centre within the neighbourhood provides easy access to restaurants and shops.

Grandview Heights

The Grandview Heights neighbourhood is home to almost 1,100 people in southwest Edmonton. Its boundaries are the North Saskatchewan River valley in the north, The Whitemud Creek Ravine on the west, and the University of Alberta farm on the south and east. The McCauley family originally owned the land in the 1880s. It was first subdivided in the early 1900s, and the city annexed it in 1913.

Most of the homes are single-family detached homes, with some backing up to the river. The average listing price is about $984,000. Most homes were built in the 1960s.

The neighbourhood is centrally located, but it has a land area of less than one square kilometre, so residents generally visit other neighbourhoods for shopping, nightlife, and eating. The Grand View Pharmacy is in the neighbourhood.

Quesnell Heights

The Quesnell Heights neighbourhood in west Edmonton is bounded by 149 Street in the west, Whitemud Drive to the north and east, and the North Saskatchewan River to the south. The neighbourhood is considered part of the Rio Terrace community for purposes of representation and recreation. It has a land area of less than a quarter of a square kilometre, making it Edmonton's smallest neighbourhood. About 350 residents live here.

The neighbourhood name was officially adopted in 1958, although it has been used since at least 1912. Some believe it was named after Dr. Phillip Quesnell, a well-known physician who came to the city in 1912. However, other possibilities are that it was named for J.B Quesnell, a prominent local citizen in the late 1800s, or for Jules Maurice Quesnel, a famous French-Canadian clerk with the North West Company. Most houses were built in the 1960s and 1970s, and all of them are single-family homes. The average list price is about $2 million.

Although no shopping is located within the neighbourhood's boundaries, residents can easily access the West Edmonton Mall, Meadowlark Health & Shopping Centre, and Southgate Centre via Whitemud Drive. Residents also can access restaurants and nightlife in nearby neighbourhoods.

Oleskiw

The Oleskiw neighbourhood is in west Edmonton and overlooks the North Saskatchewan River valley to the east and south. The neighbourhood also is bounded on the north and northeast by Wolf Willow Ravine and on the west by 170 Street. Wanyandi Road is the main thoroughfare. It has a population of about 3,000.

The neighbourhood was named after Joseph Oleskiw, a Ukrainian who promoted immigration to Canada. Neighbourhood development began in the 1970s and continued into the1980s and 1990s. Housing types are single-family and townhomes. The average listing price is just a little more than $1 million. Many are examples of Edmonton's golf course homes.

Development work is beginning toward a new park, Oleskiw River Valley Park. The neighbourhood has a small commercial district on its northwest corner, including Sorrentino's West Restaurant and the Popowich Meat Company butcher shop.

Donsdale

The relatively new Donsdale neighbourhood houses about 1,300 residents in west Edmonton. Almost all development has occurred after 1995. Lessard Road borders it on the northwest, 184 street borders on the southwest. The northeast boundary is half a block southwest of 53 Avenue. The neighbourhood overlooks the North Saskatchewan River Valley to the east and a ravine to the south. It's within the West Jasper Place Plan Area.

The area is named for Frank Doncaster, who owned a large tract of land in the mid-1940s. Home types are primarily single-family, with some multi-family housing such as Edmonton's condos. Many homes provide exceptional views overlooking the river valley.

The neighbourhood does not include a commercial center. However, some commercial areas are located at its Lessard Road border. This area has several restaurants, including Vivo and Bento Sushi.

Cameron Heights

Also in west Edmonton is the Cameron Heights neighbourhood, with more than 1,100 residents. It's bounded on the south by Anthony Henday Drive, north and west by a ravine, and on the east by the North Saskatchewan River Valley. Anthony Henday Drive provides access to areas south, including the Edmonton International Airport. Cameron Heights Drive is the only roadway into the neighbourhood. It's named for businessman and former town council Alderman John Cameron. He arrived in Edmonton from Winnipeg in 1881, started a business as a merchant, and was the first president of the city's Board of Trade.

The neighbourhood only recently began development and incorporates single-family homes and low-density multi-family homes strategically positioned around its natural surroundings. The average listing price is about $931,000. Several restaurants are located along Anthony Henday Drive, including Liquids Kitchen and Bar and Pizza Firm. A commercial site is planned at the entrance of the community to serve residents.

Belgravia

The previously-mentioned Belgravia neighbourhood is a community of about 2,200 people southwest of the University of Alberta campus. Belgravia overlooks the North Saskatchewan River valley. It's bounded on the south by Belgravia Road, and its southwest portion of the neighbourhood overlooks Fox Drive. Its north boundary between Saskatchewan Drive and 118 Street is University Avenue. From 118 Street, the neighbourhood boundary zigzags southeast from the intersection of University Avenue and 115A Street to the intersection of 114 Street and 76 Avenue. The eastern boundary between 76 Avenue and Belgravia Road is 114 Street. The neighbourhood was named for the Belgravia neighbourhood in 19th-century London and originally was the terminus of the Edmonton Radial Railway.

The area features mostly single-family detached homes, including bungalows, and two-storey homes on well-treed streets, although higher density condos are located toward the neighbourhood's edge. Most of the development occurred before 1960. The average list price is around $679,000.

The neighbourhood has a commercial centre along 76th Avenue, including Belgravia Hub, which provides comfort food, and Mood Cafe.

Looking For a High-End Home? Discover Edmonton's Luxury Neighbourhoods Today

Edmonton's neighbourhoods are in seven geographic sectors—a mature sector that includes those built out before 1970 and six suburban sectors that have been built out more recently. All the neighbourhoods have lovely views of the North Saskatchewan River Valley, ravines, and other natural sites. There are many popular Edmonton neighbourhood choices with various types and ages of housing. They provide lifestyles that range from more secluded to near the center of the action and a variety of neighbourhoods for those who appreciate luxury living in Edmonton.

If you're looking to make your home in Edmonton, contact EdmontonHomes.ca in partnership with Justin Havre at (780) 665-4888 to get in touch with an Edmonton real estate agent and discover your ideal Edmonton home today.