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Homes for Sale in Ozerna, Edmonton

Ozerna draws buyers who want a complete, established neighbourhood without the uncertainty of ongoing construction.

Active listings

19

Median list price

$415,000

Avg list price

$392,642

Homes for Sale in Ozerna, Edmonton

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Buying in Ozerna

Who fits here

Ozerna draws buyers who want a complete, established neighbourhood without the uncertainty of ongoing construction. Families are the dominant demographic here — the neighbourhood was deliberately designed around the "neighbourhood unit" concept, placing a central school and park within walking distance of every home. Single-detached housing makes up the clear majority of the stock, so buyers looking for detached homes on proper lots will find a deep inventory pool. The northeast quadrant of Edmonton has historically attracted buyers of Ukrainian and Eastern European heritage, reflecting the neighbourhood's name — Ozerna is the Ukrainian word for "lake area." Proximity to the Lake District's network of stormwater ponds and linear parks also appeals to buyers who want passive green space without paying the premium of river valley or ravine-adjacent neighbourhoods. Move-up buyers from surrounding communities like Kilkenny and Matt Berry often target Ozerna when they want to stay in the northeast but upgrade their space.

Current market in the neighbourhood

Ozerna's for-sale market reflects the broader northeast Edmonton pattern: steady demand from families and first-time move-up buyers, with prices sitting meaningfully below the city median. The neighbourhood's housing mix skews heavily toward single-detached homes, so the data is largely driven by that segment. Current active listings are running at 19, while the median list price sits at $415,000. Over the past 12 months, homes changed hands, with a median sold price and an average price per square foot. Homes are moving in an average of days, and the sale-to-list ratio of indicates how closely final prices are tracking asking prices. The price range for active listings spans, giving buyers meaningful choice across condition and size.

Commute and lifestyle

Ozerna sits in Edmonton's northeast Lake District, bounded by 153 Avenue to the south and 66 Street to the east, which puts Anthony Henday Drive within a short drive via 66 Street — a significant advantage for residents commuting to south or west Edmonton. Manning Drive and 97 Street provide direct north-south arterial access toward downtown and the Yellowhead. ETS serves the area with routes connecting to major transit hubs, and the neighbourhood's internal street network was designed to calm cut-through traffic while maintaining walkable access to the central school-park site. Day-to-day retail is anchored along 167 Avenue and Manning Town Centre to the north, with Londonderry Mall accessible via Manning Drive. The neighbourhood's stormwater management lake and the powerline right-of-way linear park create a connected pedestrian corridor — practical for school runs and evening walks alike. Northeast River Valley Park, a 190-acre natural area at 17 Street NE and 153 Avenue, is a short drive for trail users and cyclists.

Long-term context

Ozerna was established in 1979 under Edmonton's North Area Structure Plan and has long since completed its development cycle, meaning buyers are not taking on the risks associated with new-area infrastructure timelines or builder-phase pricing volatility. As one of the fully built-out Lake District neighbourhoods, Ozerna benefits from the area's overall trajectory as northeast Edmonton's employment base and commercial amenities have matured. The neighbourhood recorded 4,495 residents in the 2012 municipal census, reflecting a stable, owner-occupied community with low turnover. Northeast Edmonton broadly has seen renewed buyer interest as affordability pressures push purchasers away from mature inner-city and southwest Edmonton communities. Ozerna's position within the Lake District — adjacent to Schonsee, Mayliewan, and Matt Berry — means it competes within a well-defined comparable set, giving buyers and sellers relatively clear pricing signals. For investors, the neighbourhood's family orientation and school proximity support stable long-term rental demand.

About Ozerna

Overview

Ozerna is a tranquil, family-oriented neighbourhood situated in northeast Edmonton's Lake District. The community's name derives from the Ukrainian word for 'lake area', reflecting its signature man-made lake and peaceful suburban atmosphere. Known for its quiet cul-de-sacs and ample green spaces, Ozerna offers a relaxed lifestyle while remaining well-connected to broader city amenities. Homes here typically see an average time of on the market, appealing to those seeking a balance of nature and convenience.

Location

Located in northeast Edmonton, Ozerna is bounded by 167 Avenue to the north, 153 Avenue to the south, 66 Street to the east, and approximately 73 Street to the west where it borders the Mayliewan neighbourhood. Its position provides convenient access to major commuter routes and nearby commercial hubs.

Housing character

Developed primarily between the 1980s and early 2000s, Ozerna features spacious, modern homes with large yards and attached garages. The dominant property type is single-family detached houses, which make up nearly 80 percent of the market, complemented by a selection of duplexes, row houses, and low-rise apartments. Providing excellent mid-range options, the neighbourhood currently sees an average sold price and a median sold price.

Schools

While Ozerna does not have schools directly within its boundaries, families have excellent access to nearby educational options. Students often attend Florence Hallock School, St. John Bosco Elementary School, and J.A. Fife School in surrounding neighbourhoods, making the area very convenient for families with school-aged children.

Transit

Public transit is readily available in Ozerna, with the Edmonton Transit Service (ETS) operating multiple bus routes, including the 118, 119, and 107. Buses run along Ozerna Road and the neighbourhood's arterial borders, connecting residents to major transit hubs like the Eaux Claires and West Clareview Transit Centres.

Shopping and dining

Ozerna is a primarily residential area, offering a quiet environment free from heavy commercial traffic. However, residents are just a short drive from significant retail and dining options. Londonderry Mall is located conveniently to the south along 66 Street, providing access to major shopping, grocery stores, and various restaurants.

Parks and recreation

The community was designed with the neighbourhood unit concept, prioritizing accessible green space. The highlight is Ozerna Lake, a scenic stormwater management lake surrounded by walking trails. Additional recreation is supported by a central park area, playgrounds, and a linear parkway running along a powerline right-of-way, perfect for walking and cycling.

Lifestyle

Ozerna offers a relaxed, family-focused lifestyle defined by outdoor activities and a strong sense of community. The scenic lake views and quiet streets attract homeowners looking to settle down in a tranquil environment. Buyers browsing the 19 active listings will find a welcoming, stable community ideal for raising children and enjoying local nature paths.

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Frequently Asked Questions

The median sold price for homes in Ozerna over the past 12 months is, with an average price per square foot. Active listings currently range from.

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.

The MLS® System Data is made available from the REALTORS® Association of Edmonton.

Days on hômm and market statistics values are calculated by hômm based on values provided in the REALTORS® Association of Edmonton listing data feed.

Mortgage values are calculated by hômm and are provided for estimate purposes only.

The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.

Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).

*Sold date and price are as reported on the RAE's MLS® system.

Listing information last updated on April 24, 2026 at 4:00 pm (America/Edmonton)