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Edmonton Neighbourhood Profile

Crestwood

Crestwood is an Edmonton neighbourhood of about 903 homes — 95.2% houses and 4.8% condos, most homes built around 1960. The typical (median) house is assessed at $736,750, 64% above the citywide median (15th of 277 neighbourhoods); condos around $457,500. Across its established houses — largely the same properties over time — the median assessed value changed +58% from 2012 to 2025. 80% of homes are owner-occupied, median household income is $134,000, and 2 public schools are designated for it. Figures throughout are City assessed values — directional and comparative, not exact sale prices ("typical" means the median).

Total homes

903

95.2% houses · 4.8% condos

Typical house

$736,750

64% above citywide · 15th of 277

Typical condo

$457,500

143% above citywide

House $/sq ft

$423

$4,553/m² · 39% above citywide

Typical lot

7,266 ft²

675 m² · 36% above citywide

Typical age

1960

median house build year

Where it is

At a glance.Crestwood's location and boundary, with schools marked — green areas are parks and open space.

Map of Crestwood, Edmonton — neighbourhood boundary, 2 schools, parks and surrounding streets.
Neighbourhood boundary outlined in sand; schools pinned in teal. Schools shown are those inside the boundary, plus designated schools that fall inside this view. Map data © Mapbox © OpenStreetMap.

The homes

What's built here — the housing stock, its age, and the condo & rental supply.

What's here

Mostly houses. 95.2% houses (freehold) · 4.8% condos (condominium-titled).

Houses 95.2% Condos 4.8%
Building types in detail
Detached83%
Semi-detached1%
Apartment in a duplex4%
Apartment (low-rise)13%

Bedrooms — homes here by bedroom count:

Studio (no bedroom)0%
1 bedroom6%
2 bedrooms18%
3 bedrooms23%
4+ bedrooms53%

7% of homes needed major repairs in 2021, as assessed by their own residents.

Building-type, bedroom and condition figures from the 2021 federal census.

When it was built

Most homes here were built before 1960. The median build year is 1960.

Full age breakdown
pre-1960395
1960s110
1970s52
1980s27
1990s30
2000s52
2010s106
2020s47

Condos & multi-family

4 condo developments here — about 43 condo dwellings, plus 3 purpose-built rental / multi-family buildings.

How condos & rentals are counted

4 condo developments, the largest around 24 units — about 43 condo dwellings in total. Separately-titled parking and storage stalls aren't counted as homes.

3 rental / multi-family buildings, typically built around 20191 small (under $1M), 2 mid ($1–10M). Purpose-built rentals (assessed as a single parcel each), separate from the owned homes counted above. Unit counts aren't in the open data.

Living here

The people and the day-to-day — who lives here, and the schools, shops, parks and transit around them.

Who lives here

Mostly homeowners. Median household income $134,000.

Resident snapshot from the 2021 federal census.

Median household income

$134,000

63% earn $100k+

Homeowners

80%

20% rent

Bachelor's degree or higher

48%

of residents 15+

Commute to work

90%

drive · 2% transit · 6% walk/bike

Median age 47.6; 35% of households have kids at home; 30% lived at a different address five years earlier.

Residents by age

Median age 47.6.

0–1416%
15–2412%
25–4419%
45–6429%
65+24%
Household income spread
Under $50k12%
$50k–$100k21%
$100k–$150k18%
$150k–$200k8%
$200k+37%

37% of households reported $200k or more; 12% under $50k.

Government transfers made up 7.4% of residents' 2020 income (including 1.7% pandemic supports — 2020 was a COVID income year); 4.7% of residents were below the low-income measure (LIM-AT).

Household total income, 2020, from the 2021 federal census (income shares and low-income prevalence as reported). Statistics Canada rounds and suppresses small counts, so shares may not sum exactly to 100.

Households & families
Couples with kids at home30%
Couples without kids at home33%
One-parent families5%
Living alone24%
Multigenerational2%
Other shared households6%

Average household size 2.6; families with kids at home average 1.8 children.

What residents do for work

Occupation groups (share of the labour force):

Business, finance & administration20%
Sales & service18%
Education, law, social & government17%
Health14%
Trades, transport & equipment operators10%
Natural & applied sciences8%
Art, culture, recreation & sport6%
Senior management5%
Natural resources & agriculture1%
Manufacturing & utilities1%

Industries residents work in (top 10; the rest combined):

Health care & social assistance21%
Professional, scientific & technical16%
Educational services10%
Construction7%
Retail trade7%
Public administration7%
Finance & insurance4%
Real estate & leasing4%
Administrative & support services4%
Accommodation & food services4%
All other sectors combined16%

Unemployment rate in the census reference week (May 2021): 8.8% — a pandemic-period snapshot.

How long people stay

10% of residents had moved within the previous year; 30% lived at a different address five years earlier.

Counts every change of address — moves within Crestwood, into it, owners and renters alike.

Housing costs & affordability

A household earning the local median income would put about 13% of it toward typical owner shelter costs here — or 9% toward the typical rent.

Typical owner shelter cost

$1,400/mo

39.6% of owners hold a mortgage

Typical rent

$1,000/mo

median tenant shelter cost

Affordability in detail

Households spending 30% or more of their own income on their own shelter — the standard affordability-stress measure: 11.7% of owner households · 38.5% of renter households. (Different from the headline above, which compares the median cost against the median income — a typical-household what-if, not a count of stretched households.)

In core housing need (unaffordable, unsuitable or inadequate, with no affordable local alternative): 3.9% of owners · 23.7% of renters.

Owners' own estimate of their home's value (2021): $700,000 median — self-reported, so it can differ from the assessed medians above.

Owner costs reflect current owners — including long-time, mortgage-free ones — not the cost to buy in today. The income-share figures compare 2020 median household income with shelter costs reported in 2021.

Schools

2 designated public schools. Edmonton Public catchment for Crestwood: Crestwood and Ross Sheppard.

All schools, levels & catchment notes

Designated public schools (Edmonton Public Schools catchment for Crestwood):

Catchments are set by the school board and can change — and the City's published catchment data can lag new schools and boundary updates — so confirm the current designated school with Edmonton Public Schools before relying on it.

Schools located in Crestwood:

Independent / private schools aren't in the City's open data, so they aren't listed here. School-quality ratings are published separately by the Fraser Institute (not affiliated with this site). Catholic-school catchments aren’t published as open data, so Catholic schools are shown by location rather than catchment.

Shopping & amenities

About 29 businesses in Crestwood, employing roughly 353 people.

Business mix & how this is counted

From the City's business census (2025 survey).

The mix of what's here, from currently-licensed businesses:

Food & dining6
Shops & retail8
Personal & health services5
Professional & office9
Trades, auto & industrial12
Other2
Everyday amenities Other businesses

Counts come from City of Edmonton business licences and the City's business census — a licence means a business is registered at an address here, not a guarantee it's open today , and includes home-based businesses (about 36% of licences here). Landlord rental licences are excluded, and a listing isn't an endorsement.

Parks & green space

7 parks (22 hectares) and 2 playgrounds in Crestwood — includes a natural area.

Parks

7

22 hectares total

Playgrounds

2

1 wheelchair-accessible

Green-space types & notes

Types of green space:

  • Pocket park2
  • Urban village park2
  • Natural area1
  • Other green space1
  • School & community park1

Counts come from the City of Edmonton's parks and playgrounds open data. A park is attributed to the neighbourhood its centre point falls in, so a large park or greenway that spans several areas is counted once — treat boundaries as approximate. Trail corridors appear here as greenways; off-street bike routes aren't included.

Transit & connectivity

No LRT line in Crestwood today. The nearest station is University (Capital & Metro Lines), about 3.3 km away (straight-line). The neighbourhood is served by 4 bus routes (2 frequent).

Looking ahead, the nearest future stop is Grovenor / 142 Street on the Valley Line West, about 900 m from the centre — under construction, targeted to open later this decade. Timelines can slip, and a nearby line doesn't imply any change in property values.

Nearest LRT

3.3 km

to University

Bus routes

4

2 frequent

Future LRT

900 m

Grovenor / 142 Street · under construction

Bus routes & notes

4 bus routes serve Crestwood: 2, 7, 682 and 904. They run from 11 boardable stops inside the neighbourhood.

Frequent (≈ a bus every 15 min or better on a weekday): 2 and 7.

Bus routes and frequency come from the City's ETS GTFS schedule — the routes whose trips call at stops inside Crestwood, with “frequent” meaning at least 100 weekday trips through the neighbourhood (about a bus every 15 minutes or better, counting both directions). Distances are straight-line (“as the crow flies”) from the neighbourhood centre — the actual walking or driving route is longer. Future stations are under construction; their locations and timelines come from City of Edmonton project pages and can change. Day-to-day commute mode (drive / transit / walk) is shown under “Who lives here.” Source: City of Edmonton LRT & ETS (GTFS) Open Data.

The market

Assessed value over time, and recent building activity.

Assessed value over time

Median assessed value changed +58% from 2012 to 2025.

That tracks Crestwood's houses — largely the same homes throughout — so it's a real value change, not a shifting mix.

$484,000 $765,500 2012201620212025

Building activity

Since 2015: 630 building permits, about 166 net new homes, and 28 secondary-suite permits.

Of those new units, roughly 67% are individually-owned (houses + condos), 32% purpose-built rental, and 0% in mixed-use buildings (1% other, e.g. hotels).

Owned Purpose-built rental Other

Split by building type (a strong proxy, not a guarantee of final tenure).

Permits year by year

Permits count every new home built — including purpose-built rental apartments and mixed-use buildings — so this can run well above the "total homes" figure above, which counts only individually-owned houses and condos.

Source

City of Edmonton Open Data — assessment, property info, building permits; Statistics Canada 2021 Census of Population (City of Edmonton neighbourhood tabulation). Contains information licensed under the Open Government Licence – City of Edmonton.

About these figures. They use the City of Edmonton's annual property assessment — its mass-appraisal estimate of value as of July 1 the prior year, informed by that year's sales but applied across the whole roll at once. That makes it a reliable directional and comparative signal (ideal for "how does this neighbourhood compare"), but not the exact price a specific home would sell for today — for that you need a comparative market analysis. Resident demographics and housing-cost figures (income and its distribution, age, education, commute, tenure, household types, shelter costs, occupations and industries, mobility) and the building-type, bedroom and condition mix are from the 2021 federal census — the most recent neighbourhood-level vintage; the City notes it fell during the pandemic, so treat these figures as directional. Census figures are adapted from Statistics Canada, 2021 Census of Population; this does not constitute an endorsement by Statistics Canada. Trevor Tardif is a licensed REALTOR® with REAL Broker AB Ltd, Edmonton, Alberta. Content on this site does not constitute financial or investment advice.

What's your Crestwood home actually worth?

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