Canon Ridge, Edmonton Real Estate Listings

Canon Ridge is a residential neighbourhood in the Hermitage area of Northeast Edmonton, the area is comprised mainly of multi-unit buildings. It is named for an Anglican minister who arrived in Edmonton in 1875.

Canon Ridge Homes And Condos For Sale

The surrounding areas include but are not limited to; Belmont, Overlanders and Kernohan.

The neighbourhood overlooks the beautiful North Saskatchewan River valley. The neighbourhood is bounded on the west by Victoria Trail, on the south by Yellowhead Trail, and on the north by Kennedale Ravine. To the east is the North Saskatchewan River valley.

Public transportation is easily available as Residents have access to the Edmonton LRT system at Belvedere Station to the west of the neighbourhood. The LRT provides access to the downtown core, the University of Alberta, Rexall Place, Edmonton Northlands, and the Edmonton Commonwealth Stadium.

The residential development of the neighbourhood began during the 1960s. 6.5% of the residences in the neighbourhood were built during the 1960s and 10.9% were built during the 1970s. Most of the development, however, dates to the 1980s. During the 1980s, four out of every five of all residences were constructed. While a small proportion of residences were built during the early 1990s. This means that while they majority of the dwellings are in multi-unit buildings they have spacious and open modern floor plans and contemporary amenities.

The most common type or residence is the apartment style condominium in low rise buildings. These account for approximately two out of every five of all residences. Single family dwellings and row houses each account for approximately three out of every ten residences. Most of the remaining 2% are duplexes. Two out of every three of all residences are owner occupied while one out of three residences are rented. The fact that most of the residences are contained within buildings leads to a more secure neighborhood and more interaction between neighbours. The Condominiums also tend to hold their value better than the single family dwellings located nearby. Also the building provide a wealth of varied services for residents.