East YEG Neighbourhood Profile

Terrace Heights, Edmonton (East YEG)

A Small Neighbourhood With an Unusual Mix

Terrace Heights is one of the smaller communities in East YEG (East Edmonton), a roughly triangular pocket of about three-quarters of a square kilometre. According to a Taproot Edmonton history item, it took shape in the mid-1950s, when postwar housing growth spilled into the area east of Forest Heights. The City annexed that land, and the area became Terrace Heights. The two neighbourhoods later formed a shared community league, which is still in place today. I could not find a reliable source for where the name itself comes from, so I will not guess.

What makes Terrace Heights unusual is the mix of homes. Most East YEG communities are almost entirely single-detached houses. Here, according to the 2005 municipal census, about half of the dwellings were single-family homes (49%) and nearly half were apartments (48%), with a small number of duplexes (3%). About half of those apartments were low-rise buildings under five storeys, and the rest were high-rise.

Housing Stock & Architecture

The older housing is classic postwar construction. Census figures cited for the neighbourhood show that about 84% of residences were built in the first 15 years after the Second World War, another 9% in the 1970s, and building was substantially complete by the end of 1980. That means the single-family homes are mostly 1950s bungalows of the kind you see across the rest of East YEG, sitting beside apartment buildings that give the neighbourhood a very different feel from its quieter, house-only neighbours.

The same 2005 census found about 57% of homes were rented and 43% owner-occupied, which is a much higher share of renters than the mostly owner-occupied communities nearby. That figure is now more than 20 years old, so treat it as a sign of the neighbourhood's character rather than a current statistic. For buyers, the practical takeaway is that Terrace Heights offers a wider range of property types, from apartment-style condos to detached bungalows, than most of East YEG.

Schools, Parks & Amenities

Terrace Heights Elementary School, part of Edmonton Public Schools, is the one school in the neighbourhood. The Forest/Terrace Heights Community League runs a community hall and outdoor rink at 80 Street and 101 Avenue. A ravine forms part of the northern edge of the neighbourhood, and the Capilano Library, a branch of Edmonton Public Libraries that opened in 2018, is nearby. Capilano Mall, one of East Edmonton's main shopping centres, sits just south of the neighbourhood across Terrace Road.

Commute & Access

Terrace Heights is bounded on the west by 75 Street and Wayne Gretzky Drive, on the south by 98 Avenue and Terrace Road, and on the northeast by 101 Avenue and the ravine. Ottewell sits directly to the south across 98 Avenue and Terrace Road. With major roads along the western and southern edges and the mall and library close by, everyday errands are easy, and the central location keeps trips across the city reasonable.

Who Terrace Heights Tends to Suit

Terrace Heights works well for buyers who want a central East YEG location with a wider choice of property types, whether that is a condo with a lower purchase price or a postwar bungalow. First-time buyers, downsizers and investors may all find something that fits. Buyers who want a neighbourhood made up almost entirely of owner-occupied houses may prefer one of its quieter neighbours, and anyone considering a condo here should look closely at the specific building, since apartment buildings vary widely in age, fees and condition.

Thinking About Selling in East YEG?

What Would It Take to Get Top Dollar for Your Home?

Between negotiation trends, price reductions, and how fast homes are actually moving right now, the numbers above only tell part of the story. I'll give you a straight answer on what your specific home is worth today, and what it would take to maximize your sale price in this market.

Frequently Asked Questions

Jason Beattie

REALTOR® | eXp Realty | BT Group

780-791-9633  |  Jason.Beattie@eXpRealty.com