At a glance
A newer northeast suburb where more than four in five homes are single-detached and almost nobody rents. The median assessed home is slightly above the Edmonton median, and building permits are well above the city rate as the area fills in.
- Median assessed home
- $461K 2026 assessment · city $422K
- Residents
- 6,850 estimate for mid-2025, up from 5,900 at the 2021 census
- Households renting
- 8% city 37%
- Permits per year
- 114 2021–2025 average
What the numbers mean
- The median assessed home is $461K, close to the Edmonton median of $422K.
- 8% of households rent, well below the 37% city-wide. Most people here own and stay a while.
- 82% of homes are single-detached houses, versus 51% city-wide.
- Building activity is in line with the city as a whole, at about 114 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.
Daily errands on foot1
Places within the neighbourhood or a 5-minute walk of its edge, compared with the typical neighbourhood in Edmonton.
- Supermarkets
- 0 city median 2
- Cafés and bakeries
- 1 city median 3
- Pharmacies and clinics
- 0 city median 3
- Playgrounds and dog parks
- 4 city median 6
Estimated property tax2
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
- $4,770 a year about $400 a month on a $461K assessment
Upfront closing costs3
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
- $510 on $461K
Typical apartment rent nearby4
Klarvatten sits in CMHC's Castledown survey zone. October 2025 average rent of purpose-built rental apartments in that zone:
- Studio
- $973 −$135 vs metro average
- 1 bedroom
- $1,313 +$12 vs metro average
- 2 bedroom
- $1,529 −$69 vs metro average
- 3 bedroom or more
- $1,647 −$155 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.
Safety5
Reported incidents in the 12 months to September 2026, per 1,000 residents, compared with the median of 102 Edmonton neighbourhoods.
- Reported crime
- 3.9 per 1,000 · below the 8.4 median
- Violent crime
- 1.0 per 1,000 · median 3.2
- Property crime
- 2.9 per 1,000 · median 5.2
- Reported crime runs about 54% below the median Edmonton neighbourhood: 3.9 incidents per 1,000 residents a year, versus 8.4.
- The most common reported crime is break and enter, 41% of the total. 74% of incidents are property crime.
- Reported crime has risen since 2023 (21 to 33 incidents a year).
Crime per 1,000 residents
What gets reported
Top crime types in the rate, same period.
Other reported incidents
Counted by police but left out of the rate, same period.
- Theft under $5,000 (incl. shoplifting)
- 19
- Mischief and vandalism
- 4
- Theft over $5,000
- 3