Edmonton Neighbourhood Profile
River's Edge
River's Edge is an Edmonton neighbourhood of about 556 homes — 100% houses and 0% condos, most homes built around 2023. The typical (median) house is assessed at $469,000, 4% above the citywide median (124th of 277 neighbourhoods). The median assessed value changed +21% from 2024 to 2025, a stretch when River's Edge was still building out — so that reflects both value changes and a changing mix of homes. Figures throughout are City assessed values — directional and comparative, not exact sale prices ("typical" means the median).
Total homes
556
100% houses · 0% condos
Typical house
$469,000
4% above citywide · 124th of 277
House $/sq ft
$256
$2,756/m² · 16% below citywide
Typical lot
3,412 ft²
317 m² · 36% below citywide
Typical age
2023
median house build year
Part of West Henday — see the area profile for River's Edge's wider market context.
Where it is
At a glance.River's Edge's location and boundary — green areas are parks and open space.
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The homes
What's built here — the housing stock, its age, and the condo & rental supply.
What's here
Mostly houses. 100% houses (freehold) · 0% condos (condominium-titled).
When it was built
Most homes here were built in the 2020s. The median build year is 2023.
Full age breakdown
Condos & multi-family
2 purpose-built rental / multi-family buildings.
How condos & rentals are counted
2 rental / multi-family buildings — 2 small (under $1M). 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.
Schools
3 designated public schools. Edmonton Public catchment for River's Edge: Callingwood, Hillcrest and Jasper Place.
All schools, levels & catchment notes
Designated public schools (Edmonton Public Schools catchment for River's Edge):
- ElementaryCallingwoodK to Gr 6
- Junior HighHillcrestGr 7-9
- Senior HighJasper PlaceGr 10-12
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 1 business in River's Edge, employing roughly 30 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:
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 53% of licences here). Landlord rental licences are excluded, and a listing isn't an endorsement.
Parks & green space
1 park (2.7 hectares) in River's Edge — includes a natural area.
Parks
1
2.7 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 River's Edge today. The nearest station is Century Park (Capital Line), about 8.2 km away (straight-line).
Looking ahead, the nearest future stop is West Edmonton Mall on the Valley Line West, about 7.6 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
8.2 km
to Century Park
Future LRT
7.6 km
West Edmonton Mall · under construction
Transit notes
No ETS bus stops fall inside River's Edge.
Bus routes and frequency come from the City's ETS GTFS schedule — the routes whose trips call at stops inside River's Edge, 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 +21% from 2024 to 2025.
But River's Edge 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.
Building activity
Since 2017: 631 building permits, about 569 net new homes, and 81 secondary-suite permits.
Of those new units, roughly 82% are individually-owned (houses + condos), 18% purpose-built rental, and 0% in mixed-use buildings.
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.
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