Book a strategy call

Edmonton Neighbourhood Profile

Albany

Albany is an Edmonton neighbourhood of about 582 homes — 39.9% houses and 60.1% condos, most units built around 2013. The typical (median) house is assessed at $604,500, 35% above the citywide median (41st of 277 neighbourhoods); condos around $209,750. The median assessed value changed -13% from 2013 to 2025, a stretch when Albany was still building out — so that reflects both value changes and a changing mix of homes. 65% of homes are owner-occupied, median household income is $97,000, and 3 public schools are designated for it. Figures throughout are City assessed values — directional and comparative, not exact sale prices ("typical" means the median).

Total homes

582

39.9% houses · 60.1% condos

Typical house

$604,500

35% above citywide · 41st of 277

Typical condo

$209,750

12% above citywide

House $/sq ft

$262

$2,820/m² · 14% below citywide

Condo $/sq ft

$247

$2,659/m² · 30% above citywide

Typical lot

4,273 ft²

397 m² · 20% below citywide

Typical age

2013

median condo build year

Part of Northwest — see the area profile for Albany's wider market context.

Where it is

At a glance.Albany's location and boundary — green areas are parks and open space.

Map of Albany, Edmonton — neighbourhood boundary, parks and surrounding streets.
Neighbourhood boundary outlined in teal. Map data © Mapbox © OpenStreetMap.

Stay in the loop

Get the Edmonton market update

My monthly read — what's selling, where prices are headed, and what it means.

The homes

What's built here — the housing stock, its age, and the condo & rental supply.

What's here

Mostly condos. 39.9% houses (freehold) · 60.1% condos (condominium-titled).

Houses 39.9% Condos 60.1%
Building types in detail
Detached35%
Row house (townhouse)5%
Apartment (low-rise)60%

Bedrooms — homes here by bedroom count:

Studio (no bedroom)0%
1 bedroom6%
2 bedrooms51%
3 bedrooms26%
4+ bedrooms17%

0% of homes needed major repairs in 2021, as assessed by their own residents.

Building-type, bedroom and condition figures from the 2021 federal census.

Condos & multi-family

3 condo developments here — about 350 condo dwellings, plus 2 purpose-built rental / multi-family buildings.

How condos & rentals are counted

3 condo developments, the largest around 150 units — about 350 condo dwellings in total. Separately-titled parking and storage stalls aren't counted as homes.

2 rental / multi-family buildings, typically built around 20182 large (over $10M). Purpose-built rentals (assessed as a single parcel each), separate from the owned homes counted above. Unit counts aren't in the open data.

Living here

The people and the day-to-day — who lives here, and the schools, shops, parks and transit around them.

Who lives here

Mostly homeowners. Median household income $97,000.

Resident snapshot from the 2021 federal census.

Median household income

$97,000

48% earn $100k+

Homeowners

65%

35% rent

Bachelor's degree or higher

26%

of residents 15+

Commute to work

91%

drive · 3% transit · 1% walk/bike

Median age 33.6; 35% of households have kids at home; 52% lived at a different address five years earlier.

Residents by age

Median age 33.6.

0–1424%
15–2411%
25–4438%
45–6419%
65+9%
Household income spread
Under $50k9%
$50k–$100k38%
$100k–$150k24%
$150k–$200k9%
$200k+16%

16% of households reported $200k or more; 9% under $50k.

Government transfers made up 14.3% of residents' 2020 income (including 6.5% pandemic supports — 2020 was a COVID income year); 7.7% of residents were below the low-income measure (LIM-AT).

Household total income, 2020, from the 2021 federal census (income shares and low-income prevalence as reported). Statistics Canada rounds and suppresses small counts, so shares may not sum exactly to 100.

Households & families
Couples with kids at home26%
Couples without kids at home18%
One-parent families9%
Living alone31%
Multigenerational3%
Other shared households13%

Average household size 2.7; families with kids at home average 2 children.

What residents do for work

Occupation groups (share of the labour force):

Sales & service24%
Trades, transport & equipment operators19%
Business, finance & administration18%
Health14%
Education, law, social & government12%
Natural & applied sciences6%
Art, culture, recreation & sport3%
Natural resources & agriculture2%
Manufacturing & utilities2%
Senior management1%

Industries residents work in (top 10; the rest combined):

Health care & social assistance22%
Construction11%
Retail trade11%
Accommodation & food services7%
Other services6%
Wholesale trade5%
Public administration5%
Transportation & warehousing4%
Information & cultural industries4%
Real estate & leasing4%
All other sectors combined21%

Unemployment rate in the census reference week (May 2021): 10.2% — a pandemic-period snapshot.

How long people stay

15% of residents had moved within the previous year; 52% lived at a different address five years earlier.

Counts every change of address — moves within Albany, into it, owners and renters alike.

Immigration & citizenship

67% of residents were born in Canada; 32% are immigrants; 1% are non-permanent residents (e.g. students or workers on a permit).

When the area's immigrants arrived:

Before 19806%
1980–19907%
1991–200022%
2001–201035%
2011–202131%

Immigrant status and period of immigration, the 2021 federal census. Counts everyone in private households.

Ethnocultural origins

The origins residents most often reported. People can report more than one, so these overlap and don't add up to 100%.

Canadian10%
Scottish9%
Ukrainian9%
Irish8%
Lebanese7%
English6%
Chinese5%
French5%

Ethnic or cultural origin, the 2021 federal census — share of residents reporting each (multiple responses allowed).

Population groups

54% of residents identified as a visible minority; 46% did not.

Separately, 4% of residents identify as Indigenous.

Black16%
Arab16%
South Asian8%
Chinese3%
Filipino3%
Multiple groups3%
Latin American2%
Southeast Asian2%

Statistics Canada defines a "visible minority" as "persons, other than Aboriginal peoples, who are non-Caucasian in race or non-white in colour" (the federal Employment Equity Act's wording). That's why Indigenous residents are shown separately above, and why there's no "white" category here: the residents counted as "not a visible minority" are predominantly those who identify as white, plus the Indigenous residents shown above. Shares are of all residents, the 2021 federal census.

Religion
Christian43%
No religious affiliation28%
Muslim24%
Sikh2%
Other religions2%
Buddhist1%

Religion, the 2021 federal census. The census asks this once a decade (most recently 2021); major groups shown.

Housing costs & affordability

A household earning the local median income would put about 24% of it toward typical owner shelter costs here — or 17% toward the typical rent.

Typical owner shelter cost

$1,940/mo

83.5% of owners hold a mortgage

Typical rent

$1,410/mo

median tenant shelter cost

Affordability in detail

Households spending 30% or more of their own income on their own shelter — the standard affordability-stress measure: 22.4% of owner households · 28.9% of renter households. (Different from the headline above, which compares the median cost against the median income — a typical-household what-if, not a count of stretched households.)

In core housing need (unaffordable, unsuitable or inadequate, with no affordable local alternative): 4.9% of owners · 7% of renters.

Owners' own estimate of their home's value (2021): $352,000 median — self-reported, so it can differ from the assessed medians above.

Owner costs reflect current owners — including long-time, mortgage-free ones — not the cost to buy in today. The income-share figures compare 2020 median household income with shelter costs reported in 2021.

Schools

3 designated public schools. Edmonton Public catchment for Albany: Lorelei, Mary Butterworth and Ross Sheppard.

All schools, levels & catchment notes

Designated public schools (Edmonton Public Schools catchment for Albany):

Catchments are set by the school board and can change — and the City's published catchment data can lag new schools and boundary updates — so confirm the current designated school with Edmonton Public Schools before relying on it.

Independent / private schools aren't in the City's open data, so they aren't listed here. School-quality ratings are published separately by the Fraser Institute (not affiliated with this site).

Shopping & amenities

About 45 businesses in Albany, employing roughly 788 people.

Business mix & how this is counted

From the City's business census (2025 survey).

The mix of what's here, from currently-licensed businesses:

Food & dining17
Shops & retail11
Personal & health services10
Professional & office5
Trades, auto & industrial10
Other1
Everyday amenities Other businesses

Counts come from City of Edmonton business licences and the City's business census — a licence means a business is registered at an address here, not a guarantee it's open today , and includes home-based businesses (about 25% of licences here). Landlord rental licences are excluded, and a listing isn't an endorsement.

Parks & green space

1 park (2.8 hectares) in Albany — includes a natural area.

Parks

1

2.8 hectares total

Green-space types & notes

Types of green space:

  • Natural area1

Counts come from the City of Edmonton's parks and playgrounds open data. A park is attributed to the neighbourhood its centre point falls in, so a large park or greenway that spans several areas is counted once — treat boundaries as approximate. Trail corridors appear here as greenways; off-street bike routes aren't included.

Transit & connectivity

No LRT line in Albany today. The nearest station is Kingsway RAH (Metro Line), about 8.9 km away (straight-line). The neighbourhood is served by 4 bus routes.

Looking ahead, the nearest future stop is 124 Street on the Valley Line West, about 9.5 km from the centre — under construction, targeted to open later this decade. Timelines can slip, and a nearby line doesn't imply any change in property values.

Nearest LRT

8.9 km

to Kingsway RAH

Bus routes

4

serving the area

Future LRT

9.5 km

124 Street · under construction

Bus routes & notes

4 bus routes serve Albany: 109, 112, 140X and 625. They run from 13 boardable stops inside the neighbourhood.

No route here meets the frequent-service bar (≈ 15-minute weekday headway).

Bus routes and frequency come from the City's ETS GTFS schedule — the routes whose trips call at stops inside Albany, with “frequent” meaning at least 100 weekday trips through the neighbourhood (about a bus every 15 minutes or better, counting both directions). Distances are straight-line (“as the crow flies”) from the neighbourhood centre — the actual walking or driving route is longer. Future stations are under construction; their locations and timelines come from City of Edmonton project pages and can change. Day-to-day commute mode (drive / transit / walk) is shown under “Who lives here.” Source: City of Edmonton LRT & ETS (GTFS) Open Data.

The market

Assessed value over time, and recent building activity.

Assessed value over time

Median assessed value changed -13% from 2013 to 2025.

But Albany was still being built out over this period, so the line reflects both value changes and a changing mix (more — often smaller — homes added). Read the shape, not just the endpoints.

$242,000 $209,750 2013201720212025

Building activity

Since 2015: 201 building permits, about 390 net new homes, and 23 secondary-suite permits.

Of those new units, roughly 34% are individually-owned (houses + condos), 66% purpose-built rental, and 0% in mixed-use buildings.

Owned Purpose-built rental

Split by building type (a strong proxy, not a guarantee of final tenure).

Permits year by year

Permits count every new home built — including purpose-built rental apartments and mixed-use buildings — so this can run well above the "total homes" figure above, which counts only individually-owned houses and condos.

Source

City of Edmonton Open Data — assessment, property info, building permits; Statistics Canada 2021 Census of Population (City of Edmonton neighbourhood tabulation). Contains information licensed under the Open Government Licence – City of Edmonton.

About these figures. They use the City of Edmonton's annual property assessment — its mass-appraisal estimate of value as of July 1 the prior year, informed by that year's sales but applied across the whole roll at once. That makes it a reliable directional and comparative signal (ideal for "how does this neighbourhood compare"), but not the exact price a specific home would sell for today — for that you need a comparative market analysis. Resident demographics and housing-cost figures (income and its distribution, age, education, commute, tenure, household types, shelter costs, occupations and industries, mobility) and the building-type, bedroom and condition mix are from the 2021 federal census — the most recent neighbourhood-level vintage; the City notes it fell during the pandemic, so treat these figures as directional. Census figures are adapted from Statistics Canada, 2021 Census of Population; this does not constitute an endorsement by Statistics Canada. Trevor Tardif is a licensed REALTOR® with REAL Broker AB Ltd, Edmonton, Alberta. Content on this site does not constitute financial or investment advice.

Stay in the loop

Watching Albany? Get the bigger picture.

Albany is one neighbourhood — but the forces that move its prices play out city-wide. That's what my market read tracks.

What's your Albany home actually worth?

Assessed value is a starting point, not a sale price. I'll run a real comparative market analysis on your specific home and walk you through the number.

Book a strategy call