As the capital of Alberta, Edmonton offers a vibrant, modern way of life surrounded by stunning natural beauty. It is the largest metropolis in North America, with a population of over a million, and the furthest north in the world. Edmonton is a great city with a lot to offer its residents, who are known as Edmontonians.
The richest neighbourhoods in Edmonton are Windsor Park, Crestwood, Grandview Heights, Quesnell Heights, Oleskiw, Donsdale, Cameron Heights, Belgravia, Windermere, and River Valley Waterdale.
The University of Alberta and the Catalyst Theatre are both located in this city. Whyte Avenue is the epicenter of the city’s vibrant nightlife. It has the biggest urban park structure in Canada, called the Ribbon of Green, and almost the whole city is connected by walking as well as biking trails.
There are more than 375 different neighbourhoods in the city. Read on to find out which Edmonton neighbourhoods are the most expensive.
Top 10 Richest Neighbourhoods In Edmonton
1. Windsor Park
The University of Alberta is on the east side of the Windsor Park neighbourhood in Southwest Edmonton. From the north, west, and southwest, it looks out over the North Saskatchewan River Valley. It also has a border with the Belgravia neighbourhood to the south. Over 2,800 people call this area home, and its closeness to the university makes it stand out. The Northern Alberta Jubilee Auditorium, which was built in 1957 and is next to the neighbourhood and the U of A campus, is a place where people can enjoy the arts and have community events.
In the 1880s, the land belonged to and was farmed by Allan Ormand. In 1911, it became part of the city. Until the 1940s and 1950s, it was mostly underdeveloped. The neighbourhood is called Windsor Castle after the famous castle in the area.
In West Edmonton, around 2,300 people live in Crestwood. The neighbourhood is in between two ravines and faces the North Saskatchewan River. The area is bounded to the east by the Edmonton River Valley, to the north by MacKinnon Ravine, to the south by MacKenzie Ravine, and to the west by 149 Street. Most of the homes here date back to the 1940s and ’60s.
The area is famous for YEG Candy Cane Lane, which is between 100 Avenue and 92 Avenue on 148 Street. Every year from December 7 to January 1, folks decorate their yards and homes with bright lights. Sleigh rides and bonfires are also available on Candy Cane Lane.
3. Grandview Heights
In southwest Edmonton, close to 1,100 people live in the Grandview Heights neighbourhood, one of the wealthiest neighbourhoods in Edmonton. Towards the north is the valley of the North Saskatchewan River, to the west is Whitemud Creek Ravine, and to the south and east is the University of Alberta farm. The McCauleys purchased the property in the 1880s. It was first split up at the beginning of the 20th century, and the city took it over in 1913.
The majority of the dwellings are detached single-family houses, some of which have river views from their backyards. Homes mostly date back to the 1960s.
Grandview is in the middle of the city, but it is less than one square kilometer in size, so most people go to other neighbourhoods for shopping, food, and nightlife. There’s a pharmacy close by called Grand View.
4. Quesnell Heights
Quesnell Heights is in the West of Edmonton. It is the smallest of Edmonton’s wealthiest neighbourhoods. It is home to some of Edmonton’s most luxurious mansions. West Edmonton Mall, the biggest mall in North America, is just around the corner, which makes it very popular.
The Oleskiw neighbourhood is in west Edmonton. To the east and south, it looks out over the North Saskatchewan River valley. Wolf Willow Ravine forms the northern and eastern boundaries of Oleskiw, while 170 Street forms the western boundary. The major street in this area is called Wanyandi Road. Roughly 3,000 people call this place home.
The neighbourhood is named after Ukrainian immigrant Joseph Oleskiw. It wasn’t until the 1980s and 1990s that Oleskiw really started to flourish.
Donsdale is renowned for its natural beauty due to its location inside the West Jasper Place Plan Area. The hamlet looks out over the Saskatchewan River Valley to the east and a ravine to the south of the city. Donsdale is among the richest neighbourhoods in Edmonton
7. Cameron Heights
Cameron Heights is a neighbourhood in west Edmonton that is home to around 1,100 people. It is bounded by Anthony Henday Drive on the south, a ravine on the north and west, and the North Saskatchewan River Valley on the east.
Anthony Henday Drive connects to the south, including the airport. The only way to get to the neighbourhood is on Cameron Heights Drive. It’s named after Alderman John Cameron. After relocating to Edmonton from Winnipeg in 1881, he opened a retail store and went on to become the city’s first president of the Board of Trade.
There are a number of restaurants along Anthony Henday Drive, such as Liquids Kitchen and Bar and Pizza Firm.
Belgravia has a wide range of homes, from condos and bungalows to two-story homes and single-family homes. This means that it has something for everyone who wants to live in a quiet area with tree-lined alleys and easy access to both business centers and parks.
Windermere is widely recognized for its multi-million dollar homes, which is why it has some of the most expensive homes in Edmonton. Though the buildings are expensive, the locals are known for their warmth and welcome to newcomers, so don’t let that deter you.
10. River Valley Waterdale
River Valley Waterdale features some of the most beautiful and expensive properties in Canada. River Valley Waterdale is popular with people because not only is the real estate lovely, but you can conduct errands and send your kids to public or private schools within walking distance.
Edmonton has earned the moniker “Canada’s Festival City” due to the abundance of events that take place there throughout the year.
In the richest neighbourhoods in Edmonton, you can find West Edmonton Mall, which is the biggest mall in North America, and Fort Edmonton Park, which is Canada’s biggest living history museum.
The Francis Winspear Centre for Music, where the Edmonton Symphony plays, was made to be one of the best places for sound quality.