Edmonton Neighbourhood Profile
Parkallen
Parkallen is an Edmonton neighbourhood of about 880 homes — 86.7% houses and 13.3% condos, most homes built around 1952. The typical (median) house is assessed at $481,500, 7% above the citywide median (104th of 277 neighbourhoods); condos around $297,000. Across its established houses — largely the same properties over time — the median assessed value changed +31% from 2012 to 2025. 63% of homes are owner-occupied, median household income is $91,000, and 3 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
880
86.7% houses · 13.3% condos
Typical house
$481,500
7% above citywide · 104th of 277
Typical condo
$297,000
58% above citywide
House $/sq ft
$382
$4,112/m² · 26% above citywide
Condo $/sq ft
$318
$3,423/m² · 68% above citywide
Typical lot
5,942 ft²
552 m² · 11% above citywide
Typical age
1952
median house build year
Where it is
At a glance.Parkallen's location and boundary, with schools marked — green areas are parks and open space.
The homes
What's built here — the housing stock, its age, and the condo & rental supply.
What's here
Mostly houses. 86.7% houses (freehold) · 13.3% condos (condominium-titled).
Building types in detail
Bedrooms — homes here by bedroom count:
9% 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 1952.
Full age breakdown
Condos & multi-family
8 condo developments here — about 117 condo dwellings, plus 18 purpose-built rental / multi-family buildings.
How condos & rentals are counted
8 condo developments, the largest around 32 units — about 117 condo dwellings in total. Separately-titled parking and storage stalls aren't counted as homes.
18 rental / multi-family buildings, typically built around 1962 — 10 small (under $1M), 8 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 $91,000.
Resident snapshot from the 2021 federal census.
Median household income
$91,000
46% earn $100k+
Homeowners
63%
37% rent
Bachelor's degree or higher
53%
of residents 15+
Commute to work
69%
drive · 14% transit · 14% walk/bike
Median age 37.6; 31% of households have kids at home; 40% lived at a different address five years earlier.
Residents by age
Median age 37.6.
Household income spread
16% of households reported $200k or more; 23% under $50k.
Government transfers made up 12.4% of residents' 2020 income (including 4.8% pandemic supports — 2020 was a COVID income year); 10.5% 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
Average household size 2.3; families with kids at home average 1.7 children.
What residents do for work
Occupation groups (share of the labour force):
Industries residents work in (top 10; the rest combined):
Unemployment rate in the census reference week (May 2021): 8.9% — a pandemic-period snapshot.
How long people stay
15% of residents had moved within the previous year; 40% lived at a different address five years earlier.
Counts every change of address — moves within Parkallen, into it, owners and renters alike.
Housing costs & affordability
A household earning the local median income would put about 18% of it toward typical owner shelter costs here — or 13% toward the typical rent.
Typical owner shelter cost
$1,360/mo
53.8% of owners hold a mortgage
Typical rent
$960/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: 15.5% of owner households · 45.5% 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): 4% of owners · 18.1% of renters.
Owners' own estimate of their home's value (2021): $460,000 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
3 designated public schools. Edmonton Public catchment for Parkallen: McKernan, Parkallen and Strathcona.
All schools, levels & catchment notes
Designated public schools (Edmonton Public Schools catchment for Parkallen):
- Elementary / Junior HighMcKernanK to Gr 9
- ElementaryParkallenK to Gr 6
- Senior HighStrathconaGr 10-12
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 Parkallen:
- PublicParkallenElementary
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).
Shopping & amenities
About 44 businesses in Parkallen, employing roughly 405 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:
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 38% of licences here). Landlord rental licences are excluded, and a listing isn't an endorsement.
Parks & green space
2 parks (6.3 hectares) and 3 playgrounds in Parkallen.
Parks
2
6.3 hectares total
Playgrounds
3
2 wheelchair-accessible
Green-space types & notes
Types of green space:
- Pocket park1
- 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 Parkallen today. The nearest station is South Campus Ft Edmonton (Capital Line), about 750 m away (straight-line). The neighbourhood is served by 4 bus routes.
Looking ahead, the nearest future stop is MacEwan Arts / 112 Street on the Valley Line West, about 4.8 km 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
750 m
to South Campus Ft Edmonton
Bus routes
4
serving the area
Future LRT
4.8 km
MacEwan Arts / 112 Street · under construction
Bus routes & notes
4 bus routes serve Parkallen: 4, 9, 502 and 723. They run from 15 boardable stops inside the neighbourhood.
No route here meets the frequent-service bar (≈ 15-minute weekday headway).
Bus routes and frequency come from the City's ETS GTFS schedule — the routes whose trips call at stops inside Parkallen, 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 +31% from 2012 to 2025.
That tracks Parkallen's houses — largely the same homes throughout — so it's a real value change, not a shifting mix.
Building activity
Since 2015: 553 building permits, about 163 net new homes, and 57 secondary-suite permits.
Of those new units, roughly 69% are individually-owned (houses + condos), 31% purpose-built rental, and 0% in mixed-use buildings.
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.
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