North East Edmonton Real Estate
Since 1981, Edmonton has been on a steady incline both economically and in the real estate market. After the devastation wrought by an F4 tornado in 1987, the city and its residents bounced back, proving to be resilient and deserving of the city's official slogan, "City of Champions."
Due to favourable oil prices, industry in Edmonton began to thrive in the 1990s and workers started to filter into the city. This type of population increase is nothing new for Edmonton. As early as 1882, coal mining brought a new population to the northeast Edmonton area. Looking only at the history of Beverly Heights (which serves as a perfect example of all the northeast Edmonton neighbourhoods), its population grew from 1000 to 6000 between 1914 and 1961. What was once merely a collection of river lots in 1882 became a thriving community, eventually amalgamating into the city in 1961. It is for this reason that most single-family dwellings were build around this time and many still remain as reminders of that early development. More information about North East Edmonton.
Homes and Condos in North East Edmonton
|All Listings||Under $100,000||$100,000 - $200,000|
|$200,000 - $300,000||$300,000 - $400,000||$400,000 - $500,000|
|$500,000 - $600,000||$600,000 - $700,000||$700,000 - $800,000|
|$800,000 - $900,000||$900,000 - $1,000,000||Over $1,000,000|
Community Resources and Recreation
Again, if we use Beverly Heights as a prime example, much of the community activity is centred on the many parks that pepper the landscape of the northeast, including Rundle Park, Hermitage Park (further north), and the large Strathcona Science Provincial Park (which is located just across the North Saskatchewan River). 118 Avenue area serves as a centre of business and the Abbotsfield Mall is located to the East. On the west side of the big river is the Rundle Park Golf Course, which is down the way from the Highlands Golf Club. The parks give the entire northeast Edmonton area a lush and verdant feel. As well, there are a variety of recreation centres, such as the ACT (Aquatic and Recreation Centre), the Borden Park Outdoor Pool, the Central Lions Recreation Centre, and the Commonwealth Community Rec Centre.
Local Access and Public Transportation
All buses run along 118 Avenue or 112 Avenue in the Beverly Heights, Beacon Heights, and Belmont area. They are the most practical means of getting to the LRT (Light Rail Transit) system, which is located on the west side of the quadrant. If you're driving and looking for a quick connection, it's good note that the northeast quadrant is nestled amongst a variety of major routes. The main routes are Yellowhead Highway and Wayne Gretzky Drive. If you're coming from farther north, you will most likely be taking Manning Drive. It's interesting to know that Edmonton doesn't have a freeway system to connect commuters directly to the core of the city, so don't expect a Montreal- or Toronto-style commute.
Education: Elementary and Secondary Schools
There are a great many Catholic schools in the quadrant. As well, the RJ Scott School is one of the distinctive community elementary schools. They encourage their students, families, and staff to work together to create the overall school environment. The Centre High School serves as a good example of a career-focused high school in the quadrant. They are a fairly large school with an enrolment of around 2,400 students. The Eastglen School serves grades 10-12 and has an enrolment of around 780. In addition to the regular academic program, they offer courses in Advanced Placement, Performing and Visual Arts, and more.
Income Demographics and Local Tax Rates
Looking at a cross sample of neighbourhoods in the northeast Edmonton quadrant, you will find that income levels are quite diverse but not that extreme. The median household incomes in 2011, for example, are as follows: Beverly Heights, $56,000; Beacon Heights, $48,000; and Belmont, $67,000. The average tax rate for Edmonton in general is calculated using the following formula: Your property's market value assessment multiplied by the municipal tax rate. The tax rate is calculated by dividing the total city property assessment with the city budget. Alberta as a whole offers the benefit of having no PST (Provincial Sales Tax), and that should always be taken into account when purchasing a home.
Annual Events and FestivalsBecause of the numerous parks in the area, there are a variety of fun annual events that can occur in any season. If you find yourself in Rundle Park in the summer, you can help celebrate "River Day" and ride in a voyageur canoe or fish in "Pooter Pond." If you're in the Rundle Park in the winter, try taking part in the Dead Cold Run to fundraise for local charities. The event features a 5-kilometre winter run/obstacle course along trails and over hills. What makes this fun run unique is the fact that the running participants are "Zombies" who chase after the warm-blooded in order to steal their “health flags.” As you can see, east Edmonton offers a unique setting for fun and business. Visit us to get more information on available properties and to look at homes for sale in the east Edmonton area. It has so much to offer that it’s impossible to list everything!.
Disclaimer: Information herein deemed reliable but not guaranteed by the EREB.
Listing information last updated on September 18th, 2014 at 10:33pm CDT.