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Homes for Sale in Terrace Heights (Edmonton), Edmonton

Terrace Heights draws buyers who want genuine mature-neighbourhood character without paying river valley premiums.

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Active listings

6

Median list price

$638,000

Avg list price

$674,267

Homes for Sale in Terrace Heights (Edmonton), Edmonton

Showing 6 of 6 active MLS® listings

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10222 73 ST, Edmonton

$574,900

10222 73 ST, Edmonton

Detached Single Family · 3 bed · 2 bath · 1,050 sqft

10222 73 Street, Edmonton

$574,900

10222 73 Street, Edmonton

Bungalow · 3 bed · 2 bath · 1,049.71 sqft

9907 68 ST, Edmonton

$809,900

9907 68 ST, Edmonton

Detached Single Family · 4 bed · 4 bath · 2,100 sqft

9907 68 Street, Edmonton

$809,900

9907 68 Street, Edmonton

2 Storey · 4 bed · 4 bath · 2,100.49 sqft

6807 98A AV, Edmonton

$638,000

6807 98A AV, Edmonton

Detached Single Family · 2 bed · 3 bath · 1,193 sqft

6807 98A Avenue, Edmonton

$638,000

6807 98A Avenue, Edmonton

Bungalow · 2 bed · 3 bath · 1,192.87 sqft

Buying in Terrace Heights (Edmonton)

Who fits here

Terrace Heights draws buyers who want genuine mature-neighbourhood character without paying river valley premiums. The housing stock is overwhelmingly post-war — roughly 84% built in the fifteen years after World War II — which means solid mid-century construction, large lots relative to price, and established tree canopy. The split between single-family homes (49%) and apartments (48%) makes the neighbourhood accessible to first-time buyers, downsizers, and investors alike. Renters make up about 57% of occupied dwellings, so landlords and house-hackers find a ready tenant base. The demographic is practical and community-rooted: the Forest/Terrace Heights Community League, one of Edmonton's oldest, has operated since 1920 and still runs a community hall and outdoor rink at 80 Street and 101 Avenue.

Current market in the neighbourhood

Homes in Terrace Heights are currently listed across a range from, with a median list price of $638,000. There are 6 active listings in the neighbourhood right now. Sold data over the past twelve months shows transactions, a median sold price, and an average of days on market — a useful signal for how quickly buyers need to move. The sale-to-list ratio of reflects whether sellers are achieving asking price. Average price per square foot sits, which helps buyers compare value across the varied mix of post-war bungalows, low-rise apartments, and occasional newer infills the neighbourhood offers.

Commute and lifestyle

Terrace Heights sits in the southeast quadrant of Edmonton, roughly bounded by Wayne Gretzky Drive and 75 Street to the west, 98 Avenue and Terrace Road to the south, and Fulton Creek Ravine to the northeast. That ravine is a genuine asset — it feeds into the North Saskatchewan River valley parks system, giving residents foot access to Edmonton's Ribbon of Green, the largest contiguous urban parkland in Canada at over 7,300 hectares. Capilano Transit Centre, just south along 101 Avenue, is a major bus hub offering direct connections across the city; commuters heading downtown can also access the LRT network via connecting routes. Capilano Mall and the Capilano Library (rebuilt and reopened in 2018) are both within walking distance along 98 Avenue and Terrace Road. The commercial strip along 101 Avenue bisects the neighbourhood, providing everyday retail and services without requiring a car.

Long-term context

Post-war neighbourhoods like Terrace Heights tend to follow a distinct appreciation pattern: slow and steady through the mature phase, then a sharper uptick when infill redevelopment pressure and proximity to amenities finally get priced in by the market. Terrace Heights has several catalysts worth watching. The Capilano Transit Centre anchors transit access, and Edmonton's broader transit expansion adds long-term connectivity value. The Fulton Creek Ravine corridor connects to the river valley, a feature that's been repriced upward in every Edmonton neighbourhood where similar access exists. The commercial spine on 101 Avenue also means zoning flexibility — recent rezoning activity (e.g., LDA20-0199) signals that the City sees the corridor as a redevelopment candidate, which historically precedes value increases in surrounding residential blocks. Buyers acquiring now are buying ahead of that curve.

About Terrace Heights (Edmonton)

Overview

Terrace Heights is a mature, roughly triangle-shaped neighbourhood in southeast Edmonton, known for its peaceful residential streets and excellent accessibility. Developed largely in the post-WWII era, the community offers a blend of historic charm and modern convenience. With homes sold over the last 12 months, it remains a stable and attractive choice for both families and professionals.

Location

The neighbourhood is bounded by 75 Street and Wayne Gretzky Drive to the west, 98 Avenue and Terrace Road to the south, and 101 Avenue alongside the scenic Fulton Creek Ravine to the northeast. This strategic positioning provides residents with a quick and direct commute to Downtown Edmonton.

Housing character

The neighbourhood features a diverse housing mix, though single-family detached homes on mature tree-lined streets are the dominant property type. Buyers will find well-maintained post-war bungalows alongside newer infill developments. The local market sits in a mid-range price bracket, reflected by an average sold price and a median sold price.

Schools

The community is served locally by Terrace Heights Elementary School within the Edmonton Public School system. Families also have convenient access to nearby educational institutions such as Hardisty School, Ottewell School, and Austin O'Brien Catholic High School just outside the neighbourhood boundaries.

Transit

Terrace Heights offers excellent connectivity for commuters. Major arteries like 98 Avenue provide direct access to the downtown core, while Wayne Gretzky Drive easily connects to north Edmonton. The area is highly walkable and transit-friendly, featuring well-developed cycling infrastructure and accessible local bus routes.

Shopping and dining

A commercial corridor along 101 Avenue provides residents with local businesses, dining options, and everyday services. For comprehensive retail needs, Capilano Mall is conveniently located just south of the neighbourhood boundary, offering major grocery and retail anchors.

Parks and recreation

Outdoor enthusiasts benefit from the neighbourhood's immediate proximity to Fulton Creek Ravine and the nearby North Saskatchewan River Valley, which offer extensive walking and biking trails. The active Forest/Terrace Heights Community League serves as a local hub, maintaining a community hall, an outdoor skating rink, and various recreational programs.

Lifestyle

Life in Terrace Heights is characterized by an easygoing charm, community cohesion, and a relaxed environment. With properties seeing an average of on the market, the area appeals to buyers who value a balanced lifestyle with easy access to both urban amenities and lush natural green spaces.

See recent sold prices in Terrace Heights (Edmonton), Edmonton

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Frequently Asked Questions

Terrace Heights has an unusually balanced mix: roughly half single-family homes and half apartments, with the remainder being duplexes. The single-family stock is predominantly post-war bungalows and two-storeys built between 1945 and 1960, set on mature lots with established trees. Low-rise apartment buildings make up the bulk of the multi-family supply. Newer infill development is beginning to appear, particularly along the 101 Avenue corridor.

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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 25, 2026 at 8:00 pm (America/Edmonton)