6 Richest Neighbourhoods in Edmonton: Most Expensive Edmonton Communities

Edmonton is the capital of Alberta and the province's second-largest city. It's also home to some of the richest neighbourhoods in Western Canada. While average home prices in Edmonton are more affordable than in Calgary and many other major Canadian cities, the luxury neighbourhoods clustered along the North Saskatchewan River and beyond can carry hefty price tags.

Edmonton is a cultural and economic hub, hosting many festivals and events annually. The city's cultural appeal, paired with the many businesses that call Alberta home, makes it a popular place to live. For potential homebuyers in the luxury real estate market who are considering moving to Edmonton, the city's most expensive neighbourhoods can be tough to choose from, but after exploring them, one or more is sure to stand out.

Wedgewood Heights: West Edmonton Luxury

Development in Wedgewood Heights began in the 1960s. However, it remained a very small development until the 1980s and 1990s, when the city began expanding, and the need for additional housing grew more rapidly. The neighbourhood is in West Edmonton, and most of the community's streets are named after well-known Edmonton residents.

Homes in the neighbourhood are usually priced from just under $1 million to $4 million, and they don't typically last long on the market. Wedgewood Heights is a little more spread out than many of the other top neighbourhoods in Edmonton, but the sense of community is still quite strong. Best of all, Wedgewood Heights is conveniently located from a transit standpoint, making it a great place to live for those who work in the city's business epicentre.

Windsor Park: North Saskatchewan River Bliss

The Windsor Park neighbourhood is one of Edmonton’s most elite communities, offering a prime location adjacent to the University of Alberta and the North Saskatchewan River Valley. This prestigious area is known for its elegant homes, many of which are custom-built and showcase high-end architecture. Large lots, tree-lined streets, and meticulously landscaped properties add to the neighbourhood's exclusive appeal.

Windsor Park's homes are generally priced from $1 million to $4 million. The neighbourhood is primarily comprised of detached luxury homes, but a number of luxury condos are also available. Most notably, Windsor Park is home to Bentley, one of the most expensive condo communities in Edmonton.

Windsor Park’s residents enjoy easy access to the city’s cultural and educational institutions and nearby river valley trails, making it ideal for those who value both luxury and convenience. The combination of proximity to downtown Edmonton—less than five kilometres away—and a peaceful, residential atmosphere makes Windsor Park one of the city’s most desirable and expensive neighbourhoods.

Windermere: Serenity & Convenience

Windermere roughly translates into "to take one's breath away." It only makes sense that this neighbourhood in Southwest Edmonton is known for its breathtaking views and stunning real estate. Windermere is situated at a higher elevation than most of the city and is bordered by the North Saskatchewan River Valley. This neighbourhood is known for its share of the luxury homes in Edmonton, many topping out at almost $5 million.

Homes in the Windermere neighbourhood are usually priced from the $500s to $5 million, and the community also has a number of condos and townhomes. In addition to the beautiful views, Windermere is close-knit and welcoming to new residents. Homebuyers with school-age children will be pleased with the schooling options right in the neighbourhood, including both public and private schools.

Glenora: Best of the North Saskatchewan River Valley

Glenora is one of the most historic and prestigious neighbourhoods in Edmonton, known for its stately homes and beautiful tree-lined streets. Located just west of Downtown Edmonton, Glenora offers residents a perfect blend of luxury and convenience. The neighbourhood features a mix of elegant heritage homes and modern luxury residences, often situated on large lots with well-manicured gardens.

Most homes for sale in Glenora range from the $700s to $4 million, though a small number of Edmonton condos and fixer-uppers occasionally come on the market here. Glenora's proximity to the North Saskatchewan River Valley provides residents with easy access to scenic trails and parks, adding to the area’s appeal. With its rich history, prime location, and architectural beauty, Glenora remains one of Edmonton’s most sought-after and expensive neighbourhoods.

Westbrook Estates: Golf & Green Space

Westbrook Estates is one of Edmonton's most prestigious and expensive neighbourhoods, offering an exclusive living experience surrounded by natural beauty. Nestled along the Whitemud Creek Ravine, this neighbourhood is characterized by its expansive lots, mature trees, and luxurious homes. Homes in Westbrook Estates are usually priced from $1 million to $3.5 million. Many properties in Westbrook Estates boast custom designs, with architectural styles ranging from classic to contemporary, reflecting the affluence of the area.

The neighbourhood is home to the Derrick Golf and Winter Club, one of Edmonton's best golf courses. This private club provides residents with access to world-class golf, tennis, and fitness facilities, further enhancing the area's appeal. The serene environment and proximity to schools, shopping, and dining make Westbrook Estates a highly sought-after community. Its secluded atmosphere offers privacy and tranquillity while still being just a short drive from downtown Edmonton. Westbrook Estates stands out as one of Edmonton’s premier residential areas for those seeking a blend of luxury, nature, and convenience.

Cameron Heights: Beautiful Luxury Homes

Cameron Heights is named after a former town council member, John Cameron. Only one road leads directly to this community, but its location along Anthony Henday Drive makes commuting to jobs in Edmonton a breeze. Still, Cameron Heights feels a bit more remote than other neighbourhoods, which adds significant appeal for many current and prospective residents.

Homes in Cameron Heights are typically priced from the $600s to just over $3 million. Much of the housing development in Cameron Heights has occurred in the last decade or so, making it a great place to find a modern home. Pair that with the great views, and newcomers will have one of the best places to call home in Edmonton.

Most Expensive Neighbourhoods Edmonton Has to Offer

While these neighbourhoods are some of the more expensive in Edmonton, they are certainly not the only places to find luxury real estate. From the Donsdale neighbourhood to the Grandview Heights community, there are stunning, high-priced areas throughout the city. No matter where a homeowner winds up in Edmonton, the appeal of the city, excellent public transportation, and friendly residents are sure to make it an ideal place to call home.