As the capital of Alberta, Edmonton offers a vibrant, modern way of life surrounded by breathtaking natural beauty. It is the largest metropolis in North America, with a population of over one million, and the northernmost in the world. Edmonton is a great city that has a lot to offer its residents, who are known as Edmontonians.
The wealthiest neighborhoods 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 Theater are both located in this city. Whyte Avenue is the epicenter of the city’s vibrant nightlife. It has the largest urban park structure in Canada, called the Ribbon of Green, and almost the entire city is connected by both walking and biking trails.
There are over 375 different neighborhoods in the city. Read on to find out which Edmonton neighborhoods are the most expensive.
Top 10 wealthiest neighborhoods in Edmonton
1. Windsor Park
The University of Alberta is located on the east side of the Windsor Park neighborhood in southwest Edmonton. It overlooks the North Saskatchewan River Valley from the north, west, and southwest. It also has a border with the Belgravia district to the south. More than 2,800 people call this area home, and its proximity to the university makes it stand out. Built in 1957 and located adjacent to the district and the U of A campus, the Northern Alberta Jubilee Auditorium is a place for people to enjoy the arts and 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 largely underdeveloped. The neighborhood is called Windsor Castle, after the famous castle nearby.
In West Edmonton, approximately 2,300 people live in Crestwood. The neighborhood is nestled between two canyons and faces the North Saskatchewan River. The area is bounded on the east by the Edmonton River Valley, on the north by MacKinnon Ravine, on the south by MacKenzie Ravine, and on the west by 149 Street. Most of the homes here date from the 1940s and 1960s.
The area is famous for YEG Candy Cane Lane, between 100 Avenue and 92 Avenue at 148 Street. Every year from December 7 to January 1, people decorate their gardens and houses with bright lights. Sleigh rides and bonfires are also available at Candy Cane Lane.
3. Grandview Heights
In southwest Edmonton, nearly 1,100 people live in the Grandview Heights neighborhood, one of Edmonton’s wealthiest neighborhoods. To the north is the North Saskatchewan River valley, to the west the 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 subdivided in the early 1900s and the city took over in 1913.
The majority of the properties are detached single-family homes, some of which have a view of the river from the back garden. Most homes date from the 1960s.
Grandview is in the middle of the city, but is less than a square mile in size, so most people head to other neighborhoods for shopping, dining, and entertainment. There is a pharmacy close by called Grand View.
4. Quesnell Heights
Quesnell Heights is located in western Edmonton. It is the smallest of Edmonton’s wealthiest neighborhoods. It is home to some of Edmonton’s most luxurious mansions. West Edmonton Mall, North America’s largest mall, is just around the corner, making it very popular.
The Oleskiw neighborhood is located in western Edmonton. To the east and south, it overlooks the North Saskatchewan River valley. Wolf Willow Ravine forms the northern and eastern boundaries of Oleskiw, while 170 Street forms the western boundary. The main street in this area is called Wanyandi Road. About 3,000 people call this place their home.
The neighborhood is named after Ukrainian immigrant Joseph Oleskiw. It wasn’t until the 1980s and 1990s that Oleskiw really started to flourish.
Donsdale is known for its natural beauty due to its location in the West Jasper Place planning area. The hamlet overlooks the Saskatchewan River Valley to the east and a ravine to the south of the city. Donsdale is one of the wealthiest neighborhoods in Edmonton
Cameron Heights is a neighborhood in western Edmonton that is home to about 1,100 people. It is bounded by Anthony Henday Drive to the south, a ravine to the north and west, and the North Saskatchewan River Valley to the east.
Anthony Henday Drive connects to the south, including the airport. The only way to get there is via Cameron Heights Drive. It is named after Councilor John Cameron. After moving to Edmonton from Winnipeg in 1881, he opened a general store and became the first president of the city’s 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 housing, from apartments and bungalows to two-storey houses and single-family homes. This means it has something to offer anyone who wants to live in a peaceful environment with tree-lined alleys and easy access to both business centers and parks.
9. Winder Lake
Windermere is widely known for its multi-million dollar homes, which is why it has some of the most expensive homes in Edmonton. Although the buildings are expensive, the locals are known for their warmth and welcome to newcomers, so don’t let that put you off.
10. River Valley Waterdale
River Valley Waterdale boasts some of the most beautiful and expensive properties in Canada. River Valley Waterdale is popular with people because not only is the property beautiful, but you can also buy groceries and send your kids to public or private schools within walking distance.
Edmonton has earned the nickname “Canada’s Festival City” due to the plethora of events that take place there throughout the year.
Edmonton’s wealthiest neighborhoods are home to West Edmonton Mall, North America’s largest shopping mall, and Fort Edmonton Park, Canada’s largest living history museum.
The Francis Winspear Center for Music, where the Edmonton Symphony plays, has been created as one of the best places for sound quality.