Aspen Gardens

At a glance

A southwest neighbourhood of detached houses and apartments, with high assessed values. About 78% of homes are detached and 22% are apartments, and 12% of households rent (2016 census).

Median home value

$613K

2026 assessment, indexed to September 2026 · city $417K

Residents

1,850

estimate for mid-2025, up from 1,655 at the 2021 census

Households renting

12%

city 37%

Permits per year

34

2021–2025 average

What the numbers mean

• The median 2026 assessment is $621K (valued July 2025). Indexed to September 2026 with the Edmonton MLS® Home Price Index (-1%), that is about $613K, 47% above the Edmonton median of $417K. Property tax is still based on the assessment.
• 12% of households rent, well below the 37% city-wide. Most people here own and stay a while.
• 19% are 65 or older, versus 13% city-wide, a sign of long-time residents and a settled pace.
• 78% of homes are single-detached houses, versus 51% city-wide.
• Building activity is in line with the city as a whole, at about 34 permits a year.

Who lives here

Share of residents by age, 2019 city census, residents who gave an age.

Homes

Share of homes by type, 2016 census.

Estimated property tax¹

What owning here costs each year in property tax at the median assessed value. Renters don’t pay it directly, but landlords pass it on.

Median home

$6,440 a year

about $535 a month on a $621K assessment

Upfront closing costs²

Alberta has no land transfer tax; the Land Titles transfer fee is about 0.1% of the price. Government fees at the median home price:

Land title transfer fee

$660

on $613K

Typical apartment rent nearby³

Aspen Gardens sits in CMHC's South West survey zone. October 2025 average rent of purpose-built rental apartments in that zone:

Studio

$1,147

+$39 vs metro average

1 bedroom

$1,385

+$84 vs metro average

2 bedroom

$1,606

+$8 vs metro average

3 bedroom or more

$1,889

+$87 vs metro average

How it's changing

Building permits issued each year, a leading signal of new homes and renovations.

*2026 is year to date.

Safety⁴

Reported incidents in the 12 months to September 2026, per 1,000 residents, compared with the median of 244 Edmonton neighbourhoods.

Reported crime

4.3

per 1,000 · below the 8.1 median

Violent crime

0.0

per 1,000 · median 2.7

Property crime

4.3

per 1,000 · median 5.2

• Reported crime runs about 47% below the median Edmonton neighbourhood: 4.3 incidents per 1,000 residents a year, versus 8.1.
• The most common reported crime is break and enter, 75% of the total. 100% of incidents are property crime.
• Reported crime has risen since 2023 (5 to 7 incidents a year).

Reported crime by year