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
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
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
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
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)
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
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
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
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