RSS

Edmonton Real Estate 2025: Top Neighbourhoods for Buyers

As Edmonton gears up for another dynamic year in real estate, buyers and investors alike are searching for the best communities to call home or to secure their financial future. With rising prices across the city, finding the right neighbourhoods with room for organic growth is more important than ever. The Iconic YEG Real Estate Team has identified nine top neighbourhoods poised for significant value growth in 2025. Here’s where you should be looking to buy or invest this year.

1. Prince Rupert: A Hidden Gem Ready to Shine

If you’re drawn to the charm and central convenience of Westmount, you’ll love Prince Rupert. Located near downtown Edmonton, this neighbourhood combines affordability with proximity to key amenities like Kingsway Mall and the Royal Alexandra Hospital.

Infrastructure Highlight: Recent upgrades to Kingsway Mall and the expansion of cycling paths in the area have improved connectivity and accessibility.

Price Growth:

  • 2019 Average Sale Price: $328,500

  • 2024 Average Sale Price: $397,146

View Homes for Sale in Prince Rupert

2. Rundle Heights: Affordable Living Near Nature

Love the scenic beauty and historic charm of Highlands? Rundle Heights offers a similar vibe with more affordable options. Nestled alongside the North Saskatchewan River Valley and Rundle Park, this neighbourhood is a nature lover’s paradise.

Infrastructure Highlight: The revitalization of Rundle Park and the creation of new pedestrian bridges connecting to surrounding areas have enhanced the neighbourhood’s appeal.

Price Growth:

  • 2019 Average Sale Price: $309,676

  • 2024 Average Sale Price: $391,436

View Homes For Sale in Rundle Heights

3. Ottewell: A Family-Friendly Neighbourhood on the Rise

If Forest Heights is on your radar, consider Ottewell. This mature, family-oriented community offers excellent schools, large lot sizes, and a central location that’s hard to beat.

Infrastructure Highlight: Roadway enhancements and the addition of community-oriented spaces, such as parks and walking paths, are making Ottewell even more attractive to families.

Price Growth:

  • 2019 Average Sale Price: $396,086

  • 2024 Average Sale Price: $424,358

View Homes for Sale in Ottewell

4. Holyrood: Urban Convenience Meets Suburban Charm

Holyrood mirrors the charm and accessibility of Bonnie Doon and is one of Edmonton’s most exciting neighbourhoods in transition.

Infrastructure Highlight: The Valley Line LRT expansion, set to complete in 2025, has already boosted property demand, improving connectivity to downtown and other key areas.

Price Growth:

  • 2019 Average Sale Price: $425,143

  • 2024 Average Sale Price: $527,950

View Homes for Sale in Holyrood

5. Boyle Street: A Hub for Urban Renewal

Think of Boyle Street as the next Downtown hotspot. Once overlooked, this historic neighbourhood is undergoing a major transformation.

Infrastructure Highlight: Investments in the Quarters Downtown project, including new residential and commercial developments, are breathing new life into Boyle Street.

Price Growth:

  • 2019 Average Sale Price: $425,143

  • 2024 Average Sale Price: $178,687 (Ripe for investment; predominantly condos)

View Homes for Sale in Boyle Street

6. Cromdale: Heritage Charm with Modern Potential

If you appreciate the heritage and urban appeal of Oliver, you’ll want to keep an eye on Cromdale.

Infrastructure Highlight: Ongoing redevelopment of the Stadium LRT Station and the addition of green spaces around the Northlands site are enhancing Cromdale’s appeal.

Price Growth:

  • 2019 Average Sale Price: $467,833

  • 2024 Average Sale Price: $461,777

View Homes for Sale in Cromdale

7. Jasper Place: Suburban Living with Downtown Access

Comparable to Grovenor, Jasper Place is a versatile option for buyers and investors.

Infrastructure Highlight: The West LRT expansion and improvements to Stony Plain Road have boosted accessibility and revitalized commercial spaces.

Price Growth:

  • 2019 Average Sale Price: $388,547

  • 2024 Average Sale Price: $565,527

View Homes for Sale in Jasper Place

8. Fulton Place: A River Valley Retreat

If you’re drawn to the family-friendly vibe of Capilano, you’ll love Fulton Place.

Infrastructure Highlight: Upgraded river valley access and new bike lanes have made this area a haven for outdoor enthusiasts.

Price Growth:

  • 2019 Average Sale Price: $380,725

  • 2024 Average Sale Price: $489,320

View Homes for Sale in Fulton Place

9. Avonmore: Transit-Oriented and Trendy

Avonmore is Edmonton’s answer to Ritchie, blending transit convenience with a vibrant community feel.

Infrastructure Highlight: The Valley Line LRT has drastically improved connectivity, with local businesses and amenities flourishing as a result.

Price Growth:

  • 2019 Average Sale Price: $396,661

  • 2024 Average Sale Price: $464,865

View Homes for Sale in Avonmore

Why These Neighbourhoods in 2025?

These communities have one thing in common: untapped potential. They combine affordability with clear growth drivers like transit expansion, infrastructure improvements, and gentrification. For buyers and investors looking to maximize value, these neighbourhoods represent the best opportunities to get in before prices climb higher.

Make Your Move with Iconic YEG Real Estate

2025 is shaping up to be a pivotal year for Edmonton’s real estate market. Whether you’re searching for your dream home or your next investment property, the Iconic YEG Real Estate Team is here to guide you every step of the way. Contact us today to explore these top neighbourhoods and start your journey toward real estate success!

Call: 587-336-3176 or email us at caitlin@iconicyeg.com

Read

Top 10 Up-and-Coming Neighborhoods in Edmonton for 2025: Where to Buy and Why

As Edmonton continues to evolve, certain neighborhoods are emerging as prime spots for new homeowners and investors alike. Whether you’re looking for a vibrant community, investment opportunities, or a place with great amenities, these up-and-coming neighborhoods in Edmonton should be on your radar for 2025.

Argyll

If you love Ritchie or Hazeldean, you should really consider Argyll.

Why Buy? Argyll is known for its historic charm and community-oriented vibe. This neighborhood offers a mix of older, character-rich homes and modern developments, making it a diverse and appealing area for families and young professionals. Walking distance to many iconic trails, Mill Creek Ravine, and the Ritchie Market, Argyll provides a balance of urban convenience and natural beauty.

Investment Potential: Argyll’s average home price has seen a steady increase over the past few years. With new amenities and public spaces in the works, this neighborhood is attracting attention from investors looking for long-term gains. Buyers who have been priced out of Ritchie and Hazeldean should be jumping on the opportunity to secure their home in Argyll.

See All Homes for Sale in Argyll Here

Prince Rupert

If you love Westmount you should you really consider Prince Rupert.

Why Buy? Prince Rupert is a hidden gem with its quiet, family-friendly atmosphere and proximity to downtown Edmonton. The neighborhood features spacious lots, mature trees, and a strong sense of community. Recent infrastructure improvements and new developments are enhancing its appeal. Close to 124 Street and the new Blatchford Development and access to many beautiful off leash dog parks!

Investment Potential: Average sale price in Prince Rupert was $378,862 in 2023; whereas it has already increased to $399,000 YTD in 2024. Prices are expected to climb as it becomes more known. This is an iconic central location and has growing interest from developers, Prince Rupert offers promising investment opportunities as it continues to develop and attract new residents.

See All Homes for Sale in Prince Rupert Here

Spruce Avenue

If you love Queen Mary Park or Inglewood you should you really consider Spruce Avenue.

Why Buy? Spruce Avenue offers a blend of convenience and tranquility, with its close proximity to major institutions like NAIT and the Royal Alexandra Hospital. The neighborhood is also near the LRT, providing excellent connectivity to other parts of the city.

Investment Potential: With ongoing developments and increasing demand for housing near educational and healthcare facilities, Spruce Avenue is positioned for significant growth. The area is attracting a mix of students, healthcare professionals, and families, making it a wise investment choice.

See All Homes for Sale in Spruce Avenue Here

Beverly Heights

If you love Highlands you should you really consider Beverly Heights.

Why Buy? Beverly Heights boasts a scenic setting along the North Saskatchewan River, offering stunning views and abundant outdoor activities. The neighborhood has a rich history and a strong community spirit, making it ideal for families and outdoor enthusiasts.

Investment Potential: As one of the older neighborhoods in Edmonton, Beverly Heights is seeing revitalization efforts that are driving up property values. Its unique location and community initiatives make it a promising area for future growth.

See All Homes for Sale in Beverly Heights Here

Holyrood

If you love Bonnie Doon you should you really consider Holyrood.

Why Buy? Holyrood is known for its tree-lined streets, well-maintained homes, and proximity to downtown Edmonton. The neighborhood is family-friendly with excellent schools and parks, making it a desirable place to live.

Investment Potential: Holyrood’s strategic location and recent infrastructure improvements are attracting new developments and increasing property values. It’s a neighborhood with high demand and great potential for appreciation.

See All Homes for Sale in Holyrood Here

Virginia Park

If you love Highlands or Riverdale you should you really consider Virginia Park!

Why Buy? Virginia Park offers a serene environment with its lush green spaces and close proximity to the North Saskatchewan River. It’s a quiet, residential neighborhood perfect for families and retirees looking for a peaceful setting.

Investment Potential: The area’s natural beauty and recent investments in local amenities are boosting its appeal. Virginia Park is poised for growth, making it a smart choice for long-term investors.

See All Homes for Sale in Virginia Park Here

Boyle Street

If you want the proximity to downtown and the views of Oliver, consider Boyle Street!

Why Buy? Boyle Street is a diverse and dynamic neighborhood located just east of downtown Edmonton. It offers a mix of historic buildings and modern developments, with a strong sense of community and cultural diversity.

Investment Potential: As downtown Edmonton continues to expand, Boyle Street is benefiting from increased interest and investment. The neighborhood’s proximity to the city center and ongoing revitalization projects make it a promising area for future growth.

See All Homes for Sale in Boyle Street Here

King Edward Park

If you want Strathcona or Garneau, you need to consider King Edward Park.

Why Buy? King Edward Park is a vibrant neighborhood with a mix of residential and commercial areas. It offers excellent amenities, including schools, parks, and shopping centers, making it a convenient and desirable place to live.

Investment Potential: The area’s ongoing development and strong community engagement are driving property values up. King Edward Park’s strategic location and amenities make it a solid investment for both homeowners and investors.

See All Homes for Sale in King Edward Park Here

Grovenor

If you want Glenora or Parkview, you need to consider Grovenor!

Why Buy? Grovenor is a charming neighborhood with a mix of older homes and new infill developments. It offers a strong sense of community, beautiful parks, and convenient access to downtown Edmonton and the river valley.

Investment Potential: Grovenor’s blend of historic charm and modern conveniences is attracting new residents and investors. The neighborhood’s ongoing development and prime location make it a great place to invest for future growth.

See All Homes for Sale in Grovenor Here

As Edmonton continues to grow and evolve, these neighborhoods offer excellent opportunities for both homebuyers and investors. Keep an eye on these up-and-coming areas for 2025 to make the most of your real estate ventures in this vibrant city.

Discovering the top up-and-coming neighborhoods in Edmonton for 2025 is crucial for making informed real estate decisions. Whether you're seeking a vibrant community, lucrative investment opportunities, or a neighborhood rich in amenities, Caitlin Heine, owner of Iconic YEG, is your go-to expert. With her deep knowledge of the Edmonton market, Caitlin can help you navigate these emerging hotspots to find the perfect home or investment property.

Caitlin Heine's unparalleled expertise and dedication to her clients ensure you get the best guidance and support in your real estate journey. From the historic charm of Argyll to the scenic beauty of Beverly Heights, Caitlin will help you capitalize on the growth potential of these neighborhoods. Don't miss out on securing your future in Edmonton's most promising areas. Contact Caitlin Heine at Iconic YEG today to explore the top neighborhoods and make your real estate dreams a reality.

CONTACT

Read

Top 10 Reasons to Move to Edmonton in 2023

While the economic outlook across Canada looks pretty bleak as, according to Chrystia Freeland, Federal Finance Minister said Wednesday that

"Difficult days ahead as Canada's economy shows signs of weakness". 

While that may be true for Canada as a whole, Alberta is poised to maintain stability despite the national challenges. ATB Financial deputy chief economist Rob Roach said recently that:

We’re still going to experience those rough waters here in Alberta, but because we’re doing a little bit better — commodity prices and other positive things — we’ll be able to weather that storm a little bit better than other places. Energy, commodities and agriculture will be the “main drivers” of Alberta’s economic growth”.


People of all demographics are flocking to Alberta for economic stability and opportunities not seen or projected in other parts of the country.  Still need more reasons to move to Edmonton?  Here are our Top 10 Reasons to Move to Edmonton:



1. The cost of living is affordable

If you’re sick of the high cost of living in major Canadian cities, then moving to Edmonton may be the right choice for you. The average rent for a one bedroom apartment in Edmonton is only $935 CAD, while the same type of apartment in Toronto costs an average of $2,260 CAD.

2. The economy is strong. 

Boosted by strong commodity prices, Alberta's economy is forecast to grow 5.0%  in 2022 and 3.0% next year and will be one of the top performers in the country this year.

3. There are plenty of jobs available. 

Alberta’s unemployment rate has ticked down every month since October 2021 and fell to the lowest level in seven years in July. 

4. You can enjoy a high quality of life without spending a lot of money. 

Living in Edmonton is more affordable, than other provinces. Edmonton offers higher incomes and lower cost of living due to no provincial sales tax, no health care premiums, and low average rental prices.

5. The city is growing quickly and there are lots of new opportunities opening up all the time. 

Alberta added 40,253 residents in the second quarter of 2022, boosted by accelerating interprovincial migration gains and continued strength in immigration.

6. Edmonton is a great place to raise a family. 

With its low crime rates and abundance of green space, Edmonton is regularly ranked as one of the best places to live in Canada. As well, Edmonton is home to some of the best post-secondary institutions in Canada. Amongst many specialized post-secondary institutions, three highly rated schools, MacEwan University, NAIT, and the University of Alberta, obtain admissions from around the world.  

7. There are plenty of cultural activities and events happening throughout the year. 

Edmonton is home to a thriving arts and culture scene. The city is home to numerous museums, art galleries, and performance venues. There are also many festivals and events held throughout the year, including the Edmonton Folk Music Festival and the Fringe Theatre Festival.

8. The people in Edmonton are friendly and welcoming. 

Most people who move to Edmonton are impressed by the friendliness of Edmontonians.

9.It’s easy to get around the city – there are lots of transportation options available.

There are plenty of ways to get around the city. You can take the bus, the train, or a taxi. Or, if you want to explore on your own, you can always rent a bicycle or walk. Whatever means of transportation you choose, you'll be able to get where you need to go easily.

10. Edmonton offers endless possibilities for outdoor recreation – from skiing or snowboarding in the winter months, to hiking or biking during the summertime!

From hiking and camping in the beautiful river valley, to cycling and picnicking in one of the many parks, there is something for everyone to enjoy. With numerous trails and recreational areas to explore, Edmonton is the perfect place to get outside and enjoy the fresh air!

If you’re on the fence about whether or not to move, we hope that this list has helped tip you in favor of Edmonton. With its affordable housing, great job market, and wonderful community spirit, there are plenty of reasons to call Edmonton home. Are you convinced? If so, get in touch with us – we can help make your move a smooth one.

Read
Categories:   14810 | 2024 Edmonton Real Estate | 2024 Home Buyer | 2025 Buyers | 2025 Edmonton Real Estate | 2025 Investment in Edmonton | 2025 Outlook | age in place | Alberta Avenue | Allisha Mckenzie | apartment | arthouse | assumable mortgage | Bank of Canada | Beaumont | Best Communities | boom and bust | boss | brewerydistrict | builder | business | Buyer Guide | Buyer Tips | buyertips | Buying | Caitlin Heine | Calgary | Calmar | Canada Real Estate | City of Edmonton | Coming Soon | Commercial Real Estate | Condo | Crestwood | culture | custom homes | December 2024 | decor | developers | developments | East Junction | East Village | edmontn | edmonton | Edmonton Buyer | Edmonton Communities | Edmonton Community | Edmonton Market Update | Edmonton Real Estate | Edmonton Schools | el-mirador | embraceequity | First Time Home Buyers | for sale | forest heights | Funding | furniture | Historical Homes | history | Holyrood, Edmonton Real Estate | Home Evaluation | Home Sellers | Home Staging | homes | Homes for Sale | ICONIC | Iconic Agent | Iconic Condos | Iconic Projects | Iconic Results | Interest Rates | Investment Properties | Investment Tips | Investors | lakefront | landscaping | leasing | Leduc | Leduc Real Estate | lifestyle | Listing Photos | Living Here | Luxury Homes | Marketing | marketupdate | Millwoods | moving | movingtoedmonton | multipleoffers | Neighbourhood | New Team Member | Parkdale | Pet Friendly | Preperation | projects | property owners | Property Taxes | purpose built rental | relocating | REMAX | renovations | rent | rental | rental culture | riverdale | Rural Parkland County, Rural Parkland County Real Estate | sales managment | school | sebabeach | sellertips | selling | selling tips | services | Sherwood Park, Sherwood Park Real Estate | Spruce Grove, Spruce Grove Real Estate | St. Albert, St. Albert Real Estate | Stony Plain, Stony Plain Real Estate | strategy | Strathcona | Team | the galleria | Top 10 | ukraine | Westmount | Where to buy and why | Windermere | Winter Market | woman | womansday | Yeg | Zone 01, Edmonton Real Estate | Zone 02, Edmonton Real Estate | Zone 05, Edmonton Real Estate | Zone 06, Edmonton Real Estate | Zone 07, Edmonton Real Estate | Zone 08, Edmonton Real Estate | Zone 10, Edmonton Real Estate | Zone 12, Edmonton Real Estate | Zone 13, Edmonton Real Estate | Zone 14, Edmonton Real Estate | Zone 15, Edmonton Real Estate | Zone 16, Edmonton Real Estate | Zone 18, Edmonton Real Estate | Zone 19, Edmonton Real Estate | Zone 28, Edmonton Real Estate | Zone 29, Edmonton Real Estate | Zone 30, Edmonton Real Estate | Zone 56, Edmonton Real Estate | Zone 58, Edmonton Real Estate
Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.