Edmonton Property Market and Real Estate Guide

(Edmonton, Alberta - AB, Canada)

Photograph of Edmonton skylineThe Canadian city of Edmonton is the capital of the province of Alberta, and the second most populous city after Toronto. It boasts a pretty location on the banks of the North Saskatchewan River and property with river views commands expensive rent and asking prices, as do properties in the heart of the city.

Edmonton is split into many neighbourhoods, with the commercial centre found in downtown Edmonton. Across the river, Old Strathcona with its turn-of-the-19th-century properties is a popular place to reside, as is the residential West End, which draws students attending the University of Alberta.

Those who wish to live close to the centre of the action can expect to pay for the privilege, although prices for rentals and purchases are far lower in Edmonton than those found in large American cities.

Renting Serviced Apartments

Serviced apartments in Edmonton are widely available, with many found in the West End portion of the city. Prices here are affordable to the majority and aimed at those on a mid-range income, while those that come complete with shared garden areas or locations close to a public transport line can expect to pay a premium.

Modern studios are available, along with one or two bedroom apartments, and the South Side boasts a good number of rentals. Expect to pay around two months' rent upfront for a six-month contract, with the best rentals being found online or through an agency.

Buying Apartments and Houses

Purchasing property in Edmonton is fairly straightforward and using an agent is the simplest way forward, since they can advise you on any recent law changes prior to your purchase. However, just because the law allows foreigners to purchase property, it does not entitle them to a residency visa.

Many company workers are based in Edmonton and choose to rent before buying, to gain further knowledge on the various parts of the city. It is vital to note that as a non-Canadian, you may be restricted in the number of properties that you are allowed to purchase.

The inner city communities are the most popular places to reside and the Anthony Henday Drive area is one of the most sought-after, due to its ease of travel into the city and pleasant atmosphere.

Real Estate Agents

Using a reliable real estate agent is the easiest way to move forward, whether you are renting or buying. The Internet is the best place to look, while local telephone books are also useful. Check out agents' portfolios, research their names via the Internet and judge them on how professional they appear before deciding on which one to use.

Check out the following Edmonton real estate agents:

Coldwell Banker Johnston Real Estate
Address: 200-10458 Mayfield Road, Edmonton, Alberta (AB), T5P 4P4, Canada
Tel: +1 780 486 8655
Email: listings@teamjohnston.com
Website: www.edmonton-homes.ca
Coldwell Banker Johnston Real Estate is a professional real estate team offering great customer service along with a large portfolio of Edmonton properties.

Royal LePage
Address: #200, 15057 Stony Plain Road, Edmonton, Alberta (AB), T5P 4W1, Canada
Tel: +1 780 455 4181
Email: Jerry@ZoomJer.com.
Website: www.zoomjer.com
Royal LePage offers staff who speak a variety of languages, including both English and Spanish, and has properties for rent and for sale all over the city.

h2h Realty
Address: 109, 10471-178 Street, Edmonton, Alberta (AB), T5S 1R5, Canada
Tel: +1 780 486 3374
Email: kuziwt@h2hrealty.ca
Website: www.h2hrealty.ca
House to Home Realty is a small firm that boasts great customer service and a pleasant team of realtors who specialise in sales.