Advice Needed - Regarding Edmonton - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

soulchoice · 03-04-2006, 06:12 AM

I was hoping to get advice from those of you whom are familiar with neighborhoods in Edmonton. I am looking to purchase some real estate out in there and am not too familiar with the areas. Is it better to be in the North, South, West or East quadrants of the city?

If anyone has an idea, what areas should I avoid? For example, I like these areas in Calgary (Tuscany, Mckenzie, Douglasdale, Bridlewood, Rocky Ridge, etc). What areas would be similar in Etown, where the majority of people would consider a nice decent area. Where would one not want to live?

Thanks for anyone that can shed some light.

Sample00 · 03-04-2006, 07:39 AM

Millwoods seems to be a popular place and a new community.
but I also found that the west end, just off the whitemud has some nicer older homes with more established communities.
My wifes parents use to live in that area.

I would avoid communitys like the east end by the Skyreach centre..and Beverly.
but thats only from what I have seen and heard...I havent lived there

JBR · 03-04-2006, 08:13 AM

Stay away from Millwoods. Not exactly a new community.

transplant99 · 03-04-2006, 09:02 AM

Live in St Albert.

Nice area and you also then can claim you dont actually live IN Edmonton.

Seriously though.....if I HAD to live any where around there...St Albert would be the place. Nice little community.

CalgaryDesi · 03-04-2006, 09:42 AM

I'd look at the University area, Riverbend, Twin Brooks, Jackson Heights, the West End. There's TONS of development in the south side (i.e South Edmonton Common area)

Depends on what your range is though

Sylvanfan · 03-04-2006, 11:04 AM

Quote:

Originally Posted by transplant99

Live in St Albert.

Nice area and you also then can claim you dont actually live IN Edmonton.

Seriously though.....if I HAD to live any where around there...St Albert would be the place. Nice little community.

I live in St.Albert and it is pretty nice. But if you're buying the place to make money keep in mind that Saint Albert has really high property taxes. My house is a 5 year old 1800 sq foot two story with attached garage and fenced yard that would sell for about 255 and my taxes are over $3000 a year. Same house in the North end of Edmonton like Castle Downs would have way lower property taxes. So if you're looking for a rental, or to make good appreciation on your investment inside the city is a better bet. If you want a nice place to live than St. Albert is a good choice.

In Edmonton there are some nice areas developing up in the North end of the city (North West). A lot of nicer developments out on the far West end of the city as well. The South is also seeing a lot of new growth and with Anthony Hendy transversing the South West area of the city getting around isn't as bad. They want to get the LRT going down to Heritage Centre in the next 5 years (23rd ave). Close to the University is always a pretty good choice too as theres always peole looking for places near the U of A. When I was looking for places one thing I heard over and over.....Stay out of Millwoods!!

the_only_turek_fan · 03-04-2006, 11:10 AM

Quote:

Originally Posted by soulchoice

I was hoping to get advice from those of you whom are familiar with neighborhoods in Edmonton. I am looking to purchase some real estate out in there and am not too familiar with the areas. Is it better to be in the North, South, West or East quadrants of the city?

If anyone has an idea, what areas should I avoid? For example, I like these areas in Calgary (Tuscany, Mckenzie, Douglasdale, Bridlewood, Rocky Ridge, etc). What areas would be similar in Etown, where the majority of people would consider a nice decent area. Where would one not want to live?

Thanks for anyone that can shed some light.

Terwilliger Park is pretty nice. My cousin moved there about 2 years ago. It is similar to the areas that you just mentioned. Like Tranny said St. Albert is also really nice, as is Sherwood Park.

Terwilliger is in the deep south in Edmonton just off Whitemud IIRC. It is also like a 12 minute drive from Calgary Trail.

Fozzie_DeBear · 03-04-2006, 11:25 AM

A great area is Forest Heights (106-101 Ave and 84-79 street), is where I live, it is an area that is:
-Right by the river valley
-5 minutes from downtown
-Close to major thoroughfares so commuting is a snap
-Still undervalued IMO as it is still under the radar a bit
-lots of parks and a golf course
-2 outdoor hockey rinks
-Lots of schools
-Close to Sherwood park

there are not many (any?) other areas that I know of in the east that are comparable.

PM me if you want to know more
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shoestring · 03-04-2006, 11:48 AM

For example, I like these areas in Calgary (Tuscany, Mckenzie, Douglasdale, Bridlewood, Rocky Ridge, etc)

So you like the burbs. You probably have kids.You should check where they are putting up new schools.
Get a map and a good real estate agent and go for a drive. Do you want to be close to work? Lot's of new districts popping up on all sides.
Or move into one of the satelite towns. I hear Beaumont is booming and Sherwood Park has a good rep for families.
In Edmonton you have lots of choices of living as close to industrial areas as you want.

soulchoice · 03-04-2006, 01:37 PM

Great responses people, I truly appreciate it all. No, I dont have kids and for the time being, am buying it strictly for rental or investment purposes. From what I have seen, the South Common area seems nice. What area is that called when one just comes into the city from Calgary, and there is the large and actually nice Outlet stores(which is actually better shopping than any outlets in Calgary, I was surprised).

Sylvanfan · 03-04-2006, 06:34 PM

You're talking like Ellersie road down there. Once they complete Anthony Henday down there it will really open up the access to the West end. If you're really serious about that far South you might want to look at Nisku. Apparently it's quite a bit cheaper if you go there than Edmonton and the taxes there are pretty good. I still think you could rent a place there quite easily though. When it comes to rentals the lower the costs for you to get in and service the property the better.

V · 03-04-2006, 11:58 PM

My Dad's selling a place right now that he bought near 184 St and 87 Ave. He's rented it out for the last year, and he's going to make a pretty penny off of it. Find the right place around there and you should be able to make good coin. I'm not sure exactly what the area is called, though. Nice area, pretty close to the mall, some renters will like that.

St. Albert is a great place, I lived there nearly my whole life before moving to Calgary, but I don't think it's the best place to buy for investment purposes. I think a lot of the features some areas in Edmonton have to offer would make it easier to find renters around there.

If I were to buy a house for myself in the Edmonton area, it would be St. Albert, though. The old Grandin area. I love that area.

Buff · 03-05-2006, 12:04 AM

For rental purposes I'd buy near the University. When my wife was going to school at the UofA her dad was thinking of buying a house for her to live in and rent out the other rooms. There were plenty of houses in that area that housed 2-5 students at a time.

Some people don't want to deal with students though.

Fuzzy McGillicuddy · 03-05-2006, 05:02 PM

I agree with JBR about Millwoods. A good chunk of the community used to be a swamp. Flooding used to be a problem about 20 years ago, although I'm not sure if it's still a problem.

BlackArcher101 · 03-05-2006, 05:46 PM

I'm living in the south right now. Near the old Heritage mall, close to the South Commons area.

Great nieghbourhood to be in. Haven't heard of any crime at all, not even stolen or broken into vehicles in my large apartment lot. Shopping/gym/park/rink are minutes away, and a lot of University students are in this area. I'd maybe look into it. I'm near 111 st & 23 ave.