The Hidden Gems of Edmonton: 5 Up-and-Coming Communities to Invest In Now
When it comes to real estate, the best deals are often found where most people aren’t looking—yet. Edmonton is full of neighbourhoods that fly under the radar but are quietly growing in value, character, and community appeal.
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Whether you're a first-time homebuyer, young family, or a savvy real estate investor, these 5 up-and-coming neighbourhoods in Edmonton are worth watching—and investing in—right now.
π 1. Alberta Avenue
Location: Central Edmonton
Average Home Price: $220K–$320K
Why It’s a Hidden Gem:
Alberta Avenue is a historic, character-rich neighbourhood that’s seeing a wave of revitalization. With city-led renewal projects, increasing infill development, and a growing arts and food scene, this area is turning heads—especially for buyers looking for value close to downtown.
Who It’s Great For:
First-time buyers, creative professionals, and investors focused on long-term growth.
π’ 2. McCauley
Location: Just east of Downtown
Average Home Price: $200K–$300K
Why It’s a Hidden Gem:
McCauley has struggled with reputation in the past but is now one of Edmonton’s most diverse and resilient communities. With proximity to downtown, redevelopment incentives, and a strong community vibe, this area offers huge potential—especially with the stadium and Chinatown revitalization plans moving forward.
Who It’s Great For:
Investors, urban dwellers, and buyers looking for high potential at low cost.
π΅ 3. Blatchford
Location: Near Kingsway Mall / old City Centre Airport lands
Average Home Price: $400K–$550K (new builds)
Why It’s a Hidden Gem:
Blatchford is one of Canada’s most ambitious eco-communities, built with sustainability and walkability at its core. The area is designed around green living, geothermal energy, and
transit connectivity. It’s still in the early stages of development, but demand is growing fast.
Who It’s Great For:
Eco-conscious buyers, young families, and forward-looking investors.
π£ 4. The Orchards at Ellerslie
Location: Southeast Edmonton
Average Home Price: $300K–$450K
Why It’s a Hidden Gem:
This newer suburban community offers
modern homes, great schools, and exclusive access to the
Residents Association Clubhouse, featuring a splash park, skating rink, and community events. It’s still developing, so prices remain
competitive compared to other established areas.
Who It’s Great For:
Young families, first-time buyers, and buyers looking for long-term lifestyle value.
π‘ 5. Cavanagh
Location: South Edmonton (west of Calgary Trail)
Average Home Price: $350K–$470K
Why It’s a Hidden Gem:
Cavanagh is newer and lesser-known, but it’s surrounded by high-demand communities like Heritage Valley and Blackmud Creek. With easy access to major roads, new infrastructure, and peaceful green space, it’s one of Edmonton’s most underrated newer communities.
Who It’s Great For:
Buyers who want a suburban feel without the higher price tags of nearby neighbourhoods.
π΄ 6. Ritchie
Location: Southeast of Whyte Ave
Average Home Price: $400K–$600K
Why It’s a Hidden Gem:
A hotbed for infill and a magnet for foodies, Ritchie blends heritage homes with sleek modern builds. With the beloved Ritchie Market, bike paths, and proximity to Mill Creek Ravine, it’s quietly becoming one of the most liveable inner-city spots.
Who It’s Great For:
Urban buyers, downsizers, and investors interested in trendy walkable areas.
π€ 7. Prince Charles
Location: Northwest of Downtown
Average Home Price: $250K–$375K
Why It’s a Hidden Gem:
Affordable, close to downtown, and full of infill potential. Prince Charles is catching investor eyes thanks to its zoning, wide lots, and future-focused location just minutes from the Blatchford project.
Who It’s Great For:
Developers, flippers, and budget-conscious buyers who want a city-close lifestyle.
βͺ 8. Secord
Location: West Edmonton
Average Home Price: $350K–$500K
Why It’s a Hidden Gem:
A family-friendly suburb that’s growing fast, Secord combines new schools, green spaces, and modern homes with easy access to Anthony Henday. Plus, its location puts you close to shopping at West Edmonton Mall and future transit plans.
Who It’s Great For:
Families, commuters, and anyone looking to grow roots in a newer west-end development.
π© 9. Griesbach
Location: North-Central Edmonton
Average Home Price: $400K–$600K
Why It’s a Hidden Gem:
A former military base turned master-planned community. Griesbach is known for its gorgeous architecture, lakes, walking trails, and strong sense of pride. It’s polished—but still has upside as more commercial and community projects unfold.
Who It’s Great For:
Military families, young professionals, and buyers wanting charm and community.
π§ How to Spot an Up-and-Coming Area
If you're researching on your own, here are some key signs a neighbourhood is on the rise:
- City-led infrastructure or beautification projects
- Increase in new builds or infill development
- Trendy cafes, breweries, or coworking spaces moving in
- Access to LRT, major roads, or future transit expansions
- Strong community league presence and local events
πΌ Final Thoughts
Edmonton is full of real estate opportunities if you know where to look. While the big-name neighbourhoods get most of the attention, these hidden gems offer a perfect mix of affordability, potential, and community growth.
Whether you're looking to get into the market, invest for the future, or simply find a place with character and upside, these 5 neighbourhoods deserve a spot on your shortlist.
π Let’s Find Your Next Investment
At ARET, we help buyers uncover high-potential opportunities in Edmonton’s emerging markets. Want to tour homes in these areas or explore your investment options?
π Get in touch today for a customized list of listings in Edmonton’s most promising neighbourhoods.








