If you’re looking for a vibrant, family-focused neighbourhood in southwest Edmonton, Terwillegar Towne stands out as one of the city’s most desirable places to call home. Located just off Anthony Henday Drive and Whitemud Drive, Terwillegar Towne offers easy access to downtown Edmonton, the University of Alberta, and the international airport — all within about 20–25 minutes.

Homes in Terwillegar Towne range from charming townhomes starting around $300,000 to larger single-family houses priced between $450,000 and $800,000, with premium executive homes occasionally reaching $1 million. Architectural styles feature welcoming front porches, pedestrian-friendly sidewalks, and classic designs that give the area a true small-town village feel.

Terwillegar Towne is perfect for families who value strong education. Schools in the area include Esther Starkman School (K–9), Monsignor William Irwin Catholic School (K–6), Lillian Osborne High School (nearby), and Archbishop Joseph MacNeil School (Catholic K–9, nearby in Leger). Many residents hold post-secondary degrees, creating a highly educated, community-minded population with an average household income around $135,000.

Shopping is another highlight of Terwillegar Towne. You can find daily conveniences at Terwillegar Heights Towne Square, nearby Magrath Market, and the larger Currents of Windermere shopping district, offering everything from groceries to restaurants and entertainment.

Green spaces are plentiful, including Terwillegar Towne Neighbourhood Park, Tomlinson Park, and South Terwillegar Park. You’ll also be close to the beautiful Terwillegar Park in the river valley, a popular off-leash dog park. The Terwillegar Community Recreation Centre provides swimming, skating, and fitness programs for all ages, making it a true hub for healthy living.

Whether you’re drawn by its family-friendly schools, quick access to Anthony Henday & Whitemud Drive, beautiful parks, or its charming village atmosphere, Terwillegar Towne is one of southwest Edmonton’s best-loved communities for a reason.

Local Highlights at a Glance

Schools

• Esther Starkman School (K–9)

• Monsignor William Irwin Catholic School (K–6)

• Lillian Osborne High School (10–12)

• Archbishop Joseph MacNeil School (K–9, Catholic)

Shopping Plazas

•  Terwillegar Heights Towne Square

• Magrath Market

• Currents of Windermere

Recreational Facilities

• Terwillegar Community Recreation Centre

• Terwillegar Towne Community League

Parks

• Terwillegar Towne Neighbourhood Park

• Tomlinson Park

• South Terwillegar Park

• Terwillegar Park (river valley, off-leash area)

Restaurants & Eateries

• XIX Nineteen

• Workshop Eatery

• Remedy Cafe Terwillegar

• Browns Socialhouse Terwillegar

• Famoso Neapolitan Pizzeria

Your Trusted Edmonton REALTOR®
Nooran Ostadeian
REALTOR® | RE/MAX Elite Windermere
📍 Serving Edmonton & Surrounding Areas

📧 Email: Nooran@RealtyEdmonton.ca
📞 Direct: 780-953-0723
🏢 Office: 304 Windermere Blvd, Edmonton, Alberta, T6W 2P2
🔗 RealtyEdmonton.ca

One of the most common questions people ask when moving to Edmonton is: “What’s the best neighborhood to live in?” But here’s the truth—there is no one-size-fits-all answer.

You’ll hear different opinions from bloggers, realtors, and even random people online. Everyone has a perspective, and many promote the area they live in or specialize in. But that doesn’t mean it’s right for you. The best neighborhood is the one that fits your lifestyle, your budget, and your goals.

Here’s how to make the best choice for your situation.

1. Start With Your Budget

You might find a beautiful, high-end neighborhood—but can you afford anything in it? Maybe not right now, and that’s okay. Edmonton has amazing communities in every price range. Start where your budget allows. You can always sell and move up later when your situation changes.

2. Are You Moving With a Family?

If you're coming with kids, you’ll need more than just a nice house. Look for a community that gives you easy access to schools, parks, classes, and recreation centers. Since you’ll be doing a lot of drop-offs and pick-ups, choose an area that makes daily life simpler and more connected.

Neighborhoods like Terwillegar, Summerside, and The Hamptons are great examples. They’re known for being safe, family-oriented, and full of walking trails, playgrounds, and nearby amenities.

3. Are You a Young Professional or Couple?

If you're young, social, or new to the city, you might want to live where things are happening—close to downtown, Whyte Ave, the Brewery District, or near the university. These areas are great for meeting people, staying active, and enjoying Edmonton’s events, cafes, and nightlife.

4. Are You an Investor?

If you're buying a rental property, don't choose based on your personal taste. Your focus should be cash flow, cap rate, tenant appeal, and location. Look for areas near public transportation, schools, or universities—places that are convenient and easy to rent out.

Good investment locations include downtown, the north side, the west of downtown, and areas surrounding the University of Alberta. These areas tend to offer steady demand from students, professionals, and renters looking for location and convenience.

5. If You Have a Big Budget – Think Long-Term Enjoyment

When you have the freedom to buy anywhere in the city, focus on what truly enhances your lifestyle. Edmonton has stunning high-end neighborhoods across all corners of the city—like Windermere, Glenora, Belgravia, Crestwood, and Westbrook.

Whether you want a luxury home near the river valley, a peaceful retreat with large lots, or quick access to downtown, there’s something for every lifestyle. As your realtor, I can help you explore what fits not just your budget—but your vision of home.

6. Edmonton Has Great Areas Everywhere

One important thing to understand about Edmonton: every part of the city has something special to offer. There are high-end, family-friendly, and up-and-coming neighborhoods in the north, south, west, and central areas. Don’t get stuck on names or what’s trending. Drive around, explore, and trust what feels right for you.

7. Try Before You Buy

If you’re moving from out of town, consider renting short-term or staying in an Airbnb for a few months. This gives you time to get a feel for different areas before committing to a purchase. Unless you have local family or friends you trust deeply, it’s smart to take your time.

8. Work With Someone Who Listens

A good realtor does more than open doors. They ask questions, understand your needs, and guide you toward the right place—even if it’s not the most obvious one. Every year, I help newcomers to Edmonton find homes that truly work for them. Many are referrals or people who discover me online—and I’m always happy to welcome a new happy client.

Final Thoughts

Don’t let someone else decide what’s best for you. Edmonton is a city of variety, with great neighborhoods for every budget and lifestyle. Whether you're buying your first home, moving with your family, or investing in real estate—what matters most is finding a place that fits you.

Your Trusted Edmonton REALTOR®
Nooran Ostadeian
REALTOR® | RE/MAX Elite Windermere
📍 Serving Edmonton & Surrounding Areas

📧 Email: Nooran@RealtyEdmonton.ca
📞 Direct: 780-953-0723
🏢 Office: 304 Windermere Blvd, Edmonton, Alberta, T6W 2P2
🔗 RealtyEdmonton.ca

Whether you're raising a family, starting your career, or investing in your future, Edmonton offers something that few cities in Canada can: affordability, opportunity, and lifestyle—without the high cost of big-city stress. Here are 10 reasons why Edmonton stands out from other cities like Toronto, Vancouver, or even Calgary as a place to call home.

1. Affordable Home Ownership

In Edmonton, homeownership is within reach. The average home price is significantly lower than in BC and Ontario, making it easier for families and first-time buyers to own instead of rent—often with a backyard!

2. No Provincial Sales Tax (PST)

Alberta is the only province in Canada with no PST, which means you save 5–10% on almost everything—from clothing to electronics to services. That makes life more affordable for everyone.

3. Family-Friendly Neighborhoods

Edmonton has some of the safest and most family-oriented communities in the country, like Windermere, Terwillegar, and Glenora. These areas are known for parks, great schools, and beautiful homes with space to grow.

4. Excellent Education & Universities

From top-rated elementary schools to the University of Alberta, Edmonton provides high-quality education at all levels. It's a smart place for families and young people building a future.

5. The River Valley – Canada's Largest Urban Park

Edmonton’s river valley is the largest urban park system in Canada, with over 160 km of trails for walking, biking, and exploring. Nature is always just steps away, even if you live downtown.

6. Growing Job Market

The city is a hub for careers in healthcare, education, energy, tech, and trades. With a lower unemployment rate than many major cities, it’s a great place to start or grow a career.

7. Diverse and Welcoming Community

Edmonton is home to many cultures and languages, with strong communities from all backgrounds. The city embraces newcomers and celebrates diversity through events, markets, and cultural festivals.

8. Vibrant Arts & Festival Scene

Known as Canada’s Festival City, Edmonton hosts over 50 festivals annually—from Fringe Theatre to Folk Music, Taste of Edmonton, and multicultural parades. There’s always something fun to do.

9. Four Beautiful Seasons

Yes, winters are cold—but they're also full of fun: ice skating, winter lights, sledding, and cozy nights by the fire. And when summer comes, it's long, sunny, and perfect for patios, gardening, and BBQs.

10. A Great Place to Build a Future

Whether you're buying your first home, building a business, or raising kids, Edmonton offers stability, value, and opportunity. You get more space, more support, and more freedom than in many other Canadian cities.

Your Trusted Edmonton REALTOR®
Nooran Ostadeian
REALTOR® | RE/MAX Elite Windermere
📍 Serving Edmonton & Surrounding Areas

📧 Email: Nooran@RealtyEdmonton.ca
📞 Direct: 780-953-0723
🏢 Office: 304 Windermere Blvd, Edmonton, Alberta, T6W 2P2
🔗 RealtyEdmonton.ca

While homebuyers in British Columbia and Ontario face sky-high prices and tightening affordability, Edmonton continues to offer a rare combination of opportunity, stability, and value. Whether you’re an investor looking for long-term growth or a family planning a smart move, Edmonton stands out in 2025 as one of the most practical and promising real estate markets in Canada.

Edmonton vs. Vancouver and Toronto: A Reality Check

1. Affordability

• Edmonton: The average home price sits around $464,000, with detached homes averaging $579,000—a fraction of prices in BC and Ontario.

• Vancouver: Average prices remain well over $1.2 million, even for modest homes.

• Toronto: Detached homes average $1.3 million+, with condos approaching $750,000.
  ✅ In Edmonton, you can still buy a fully detached home for less than a condo in Toronto or Vancouver.

2. Rental Income & ROI

• Edmonton has a strong rental market supported by steady population growth, job opportunities, and university students.

• Investors enjoy better cash flow and cap rates, often in the 5–7 % range, while Toronto and Vancouver investors struggle to break even due to high purchase prices and tighter rent controls.

3. Stability Without Bubbles

• Edmonton's market has grown gradually and steadily, avoiding the extreme fluctuations seen in overheated markets like Vancouver and parts of Ontario.

• This makes it less risky and more attractive for long-term investors or families looking to build equity in a safe, growing city.

4. Quality of Life & Cost of Living

• Edmonton offers short commutes, affordable childcare, highly ranked schools, and access to nature without the congestion of bigger cities.

• Lower home prices mean more financial freedom to enjoy life without being house-poor.

• Alberta also has no provincial sales tax, offering more purchasing power.

5. Job Market & Economic Outlook

• Edmonton’s economy is diverse and growing, with strong sectors in healthcare, technology, education, and construction.

• Newcomers benefit from a lower unemployment rate and access to provincial newcomer support programs.

Why Now Is a Great Time to Invest or Move

• Interest rates are expected to drop in the second half of 2025, increasing buyer competition.

• Edmonton’s inventory remains tight, meaning prices could continue to rise gradually.

• Buying now allows you to lock in value before the next wave of buyers re-enters the market.

Edmonton Is Ideal For:

• First-time buyers priced out of BC or Ontario

• Investors seeking cash flow and long-term growth

• Families relocating for a better lifestyle

Retirees downsizing while maintaining comfort and convenience

Your Trusted Edmonton REALTOR®
Nooran Ostadeian
REALTOR® | RE/MAX Elite Windermere
📍 Serving Edmonton & Surrounding Areas

📧 Email: Nooran@RealtyEdmonton.ca
📞 Direct: 780-953-0723
🏢 Office: 304 Windermere Blvd, Edmonton, Alberta, T6W 2P2
🔗 RealtyEdmonton.ca

May 2025 saw the first month-over-month increase in Canadian home sales since November 2024, marking a 3.6 % rise from April as national buyer confidence regained traction after several months of hesitation. Key markets stirring the rebound include Toronto, Calgary, Ottawa—and promising ripples are showing here in Edmonton.

What the CREA Report Tells Us

• National rebound: May marked a 3.6 % rise in seasonally adjusted home sales—the first uptick since last November—while new listings climbed 3.1 % month-over-month.

• Market context: Though sales are still around 4 to 4.3 % below last May, this momentum suggests pent-up demand is finally emerging.

• Pricing trends: The MLS® Home Price Index dipped only 0.2 % month-over-month. The national average sale price hovered near $691,300—down about 1.8 % compared to May 2024.

• Market outlook: While this is “just one good month,” it may mark the beginning of a delayed rebound.

Spotlight on Edmonton

While the CREA article focused on national data, Edmonton’s market remains strong and encouraging:

• May 2025 Edmonton stats:

  • Average sold price in the Capital Region reached approximately $464,277, up 5.2 % year-over-year.

  • Benchmark prices set new records around $439,100, reflecting a 9.8 % annual increase.

  • Sales volume increased 9.5 % month-over-month, with nearly 3,000 properties sold.

  • The sales-to-new-listings ratio remains near 60 %, signaling a solid seller’s market that is gradually moving toward balance.

• Segment performance:

  • Detached homes averaged $579,000, up 6.1 % year-over-year.

  • Condominiums averaged $214,000, up 3.5 %.

  • Townhouses came in around $307,000, up 4.1 %.

  • Inventory is still tight, and months of supply remain low—supporting stable price growth.

Why This Matters for Edmonton Buyers & Sellers

• Buyers: With buyer confidence returning across the country and prices inching up locally, it’s a smart time to move before interest-rate relief brings more competition.

• Sellers: Strong demand, low supply, and rising benchmarks make this an excellent time to list.

• Investors and first-time buyers: Edmonton remains one of the most affordable major cities in Canada, offering excellent value and long-term potential.\

Your Trusted Edmonton REALTOR®
Nooran Ostadeian
REALTOR® | RE/MAX Elite Windermere
📍 Serving Edmonton & Surrounding Areas

📧 Email: Nooran@RealtyEdmonton.ca
📞 Direct: 780-953-0723
🏢 Office: 304 Windermere Blvd, Edmonton, Alberta, T6W 2P2
🔗 RealtyEdmonton.ca

Yes, Edmonton has million-dollar homes – lots of them!

If you've ever believed that Edmonton real estate is only about affordability and not luxury, it’s time to take a fresh look.

In April 2025, an impressive 47 homes sold for over $1,000,000 across the Edmonton area. The highest sale reached $3,995,000 – a rare number that reflects the growing interest in high-end homes in our city.

Edmonton’s Evolving Luxury Market

While provinces like B.C. and Ontario often dominate conversations around expensive homes, Edmonton is quietly establishing its own high-end footprint. We’re seeing more demand for luxury finishes, stunning architecture, and exclusive locations, particularly in Southwest and Central Edmonton.

From estates in Windermere, Quesnell Heights, and Westbrook, to custom-built homes with legal suites or river valley views, the Edmonton luxury market is alive and thriving.

Why This Matters for Buyers & Sellers

• Buyers: Million-dollar homes in Edmonton often come with larger lots, upgraded interiors, and lower property taxes compared to other provinces.

• Sellers: If you own a high-value property, this might be the right time to re-evaluate its market position.

Nooran’s Pick of the Month

For this month’s standout property, I’m highlighting the $3.9M home that broke records in April. It offered over 6,000 sq ft of luxury living space, panoramic city views, and modern architectural details that blend comfort with prestige.

If you’re curious about what million-dollar listings in Edmonton look like today, explore current luxury homes for sale or get in touch with me for a private tour.

Contact Nooran Ostadeian
REALTOR®, RE/MAX Elite
realtyedmonton.ca | nooranrealty.com
Call/Text: 780-953-0723
Office: RE/MAX Elite Windermere
5083 Windermere Boulevard SW #302, Edmonton, AB T6W 0J5

Housing and Interest Rate Forecasts for 2025

As we reflect on 2024, Canada’s housing and mortgage markets demonstrated resilience amidst a challenging economic environment. The Bank of Canada’s pivot to interest rate cuts after two years of hikes provided much-needed relief to borrowers, stabilizing the housing market with moderate gains in home sales and prices across the country.

However, recovery was uneven, with many mortgage holders still grappling with elevated borrowing costs and persistent challenges in housing supply. As we look ahead to 2025, optimism is tempered with caution. Here’s what leading economists and analysts predict for Canada’s housing market and interest rates:

Real Estate Market Outlook

Canadian Real Estate Association (CREA)

• Home Sales Forecast: 499,816 (+6.6% year-over-year)

• Home Price Forecast: $713,375 (+4.4%)

• Commentary: CREA anticipates a gradual improvement in home sales, with a sharper rebound in spring 2025. While the market may remain stable in early 2025, momentum is expected to strengthen by mid-year.

• Source

Royal LePage

• Q4 2025 Home Price Forecast: $856,692 (+6% year-over-year)

• Commentary: A backlog of eager buyers, coupled with changes in mortgage lending rules, will drive demand. The Bank of Canada’s recent rate cuts are expected to boost buyer confidence, with significant activity forecast for late 2025.

• Source

Re/Max

• National Average Price Increase: +5% year-over-year

• Commentary: Re/Max predicts a more active housing market in 2025, with sales increasing in most regions surveyed. Average residential prices are expected to rise, bolstered by easing interest rates.

• Source

RBC Economics

• Home Resales Forecast: 518,400 (+12.5% year-over-year)

• Home Price Forecast by Q4: $809,900 (+1.6%)

• Commentary: RBC expects gradual price appreciation as affordability improves. Further rate cuts are anticipated to encourage buyers sidelined by higher costs.

• Source

TD Economics

• Home Sales Growth: +15.8%

• Home Price Growth: +8%

• Commentary: Falling borrowing costs and sustained economic growth are expected to propel the market forward. Changes to mortgage rules implemented in late 2024 will further enhance demand.

• Source

Interest Rate Forecasts

The Bank of Canada’s rate cuts in 2024, totaling 175 basis points, set the stage for continued easing in 2025. Economists predict a cautious approach, with the overnight rate likely falling to between 2.00% and 3.00% by mid-2025, depending on inflation and economic performance.

Fixed Mortgage Rates

Bond yields, which heavily influence fixed mortgage rates, are expected to remain steady, hovering around 3.00%. This stability will likely provide predictability for fixed-rate mortgage borrowers.

Variable Mortgage Rates

Variable-rate loans should see further reductions as the central bank continues to ease monetary policy. Borrowers can expect incremental relief throughout 2025.

Key Takeaways

1. Modest Market Growth: Housing sales and prices are forecast to increase, driven by improved borrowing conditions and renewed buyer confidence.

2. Rate Relief: Continued rate cuts will offer relief, but affordability challenges remain, particularly in high-demand urban markets.

3. Policy Impacts: Changes to mortgage lending rules are expected to enhance affordability and stimulate demand.

Here are the latest interest rate and bond yield forecasts from the Big 6 banks, with any changes from their previous forecasts in parenthesis:

While 2025 holds promise for Canada’s housing market, ongoing supply constraints and affordability issues will remain focal points for policymakers, buyers, and sellers alike. As the market evolves, staying informed will be key to navigating opportunities and challenges in the year ahead.

Conclusion

The Canadian housing market in 2025 offers a cautiously optimistic outlook, with growth anticipated in sales and home prices driven by lower interest rates and renewed buyer confidence. However, affordability and supply constraints will continue to shape market dynamics. As your trusted real estate professional, I am here to provide insights and guidance tailored to your needs. For personalized advice and expert market knowledge in Edmonton’s real estate landscape, contact Nooran Ostadeian at RE/MAX Elite.

📞 Call/Text: 780-953-0723
🌐 Visit: realtyedmonton.ca | nooranrealty.com
📍 Office: 5083 Windermere Boulevard SW #302, Edmonton, AB T6W 0J5

As a top-awarded Edmonton realtor passionate about helping homeowners maximize their property investments, I’m excited to share game-changing news for Canadian homeowners. Starting January 15, 2025, new mortgage insurance rule changes will make it easier to add secondary suites to your property. These changes, announced by the Department of Finance Canada, offer incredible opportunities to increase home value, generate rental income, and enhance housing options for the community.

What Are the New Rules?

The federal government’s updated mortgage insurance rules are designed to encourage densification and empower homeowners to convert underutilized spaces into legal rental units. This could mean transforming your basement, converting your garage into a laneway home, or adding a new self-contained suite—all while easing the financial burden with insured refinancing.

Key Parameters for Homeowners:

Here’s what you need to know about qualifying for this new insured mortgage refinancing program:

1. Eligible Borrowers:

   • Must already own the property.

   • Must occupy one of the current units or have a close relative living there.

   • Must plan to build fully self-contained units (e.g., basement suites with separate entrances or laneway homes).

2. Restrictions on Use:

   • New units cannot be used as short-term rentals; they must serve as long-term housing solutions.

3. Property and Loan Guidelines:

   • Maximum property value, after improvements, must be under $2 million.

   • Loan-to-value ratio can be up to 90% of the property’s improved value.

   • Financing cannot exceed project costs.

   • Maximum amortization is 30 years.

4. Effective Date:

   • These rules apply to applications submitted to mortgage insurers on or after January 15, 2025.

Why Does This Matter for Edmonton Homeowners?

Edmonton, with its growing population and need for more housing options, is an ideal city to take advantage of these changes. Adding a secondary suite to your property can:

• Boost Property Value: Converting underutilized spaces into rentable units significantly increases your home’s market value.

• Generate Rental Income: Create a steady income stream by renting out your new suite.

• Support Aging in Place: For seniors, secondary suites provide a source of income while allowing them to stay in their homes.

• Increase Housing Options: Help address the housing shortage in Edmonton by providing affordable rental units.

How Can I Help?

As a trusted Edmonton real estate expert, I’m here to guide you through the opportunities these new rules provide. Whether you’re considering a secondary suite to maximize your property’s potential or looking for a home with multi-unit options, I’m ready to assist you every step of the way.

Plan Ahead for January 15, 2025

With these new rules taking effect soon, now is the perfect time to explore your options. Get in touch with me to learn how you can:

• Evaluate the feasibility of adding a secondary suite to your home.

• Navigate the municipal zoning requirements.

• Maximize your refinancing options under these new rules.

Make Your Home Work Harder for You

Don’t miss out on this unique opportunity to unlock the full potential of your home. Contact me today for personalized advice on leveraging these new mortgage insurance rules to enhance your property’s value and income potential.

Together, we can transform your property into a powerful investment for the future.

Edmonton Real Estate Market Update: November 20–26, 2024

The latest data from the REALTORS® Association of Edmonton provides valuable insights into the city's real estate market activity over the past week. Here's a snapshot of the trends:

1. Unit Sales: There were 479 residential unit sales, reflecting a 9% increase compared to the previous week. This uptick indicates strong buyer activity, possibly driven by favorable market conditions or seasonal demand.

2. New Listings: New residential listings totaled 466, marking a 7% decrease from the prior week. This decline could suggest a tightening inventory, which may lead to increased competition among buyers.

3. Average Price: The average residential price rose to $429,000, a 1% increase from last week. This consistent growth highlights a steady demand for homes in Edmonton.

4. Median Price: The median price sits at $410,000, representing a 2% decline compared to the previous week. This slight drop might indicate a shift in buyer preferences toward more affordable properties or a balanced correction in the market.

Key Takeaways:

• The Edmonton market continues to show resilience with increasing unit sales and stable pricing.

• The decrease in new listings may lead to a competitive environment for buyers in the coming weeks.

• A slight decline in median prices suggests opportunities for buyers seeking affordable homes.

Overall, these trends reflect a robust market with opportunities for both buyers and sellers. If you're considering entering the Edmonton real estate market, now might be the right time to act! For personalized advice, reach out to your trusted REALTOR®.