Rio Terrace is one the more creative neighborhoods in Edmonton being surrounded almost completely by water. Construction began on Rio Terrace in the late 1950's- early 1960's, and makes it one of the older neighborhoods in Edmonton. There is limited access to Rio Terrace by car with only a few bridges leading into the neighborhood.
The majority of the dwellings in Rio Terrace are single family homes, with the exception of a few apartment buildings for those preferring a reduced maintenance experience.
For the most part Rio Terrace is an owner occupied neighborhood with only a few renters, in the single family homes. Of course the apartments are rented. This is a very desirable neighborhood, while there are long term residents here, there are others looking for homes here as well.
Designated schools for Rio Terrace are: Patricia Heights Elementary, Laurier Heights Junior High, and Jasper Place Senior High
With all of the parks and bike trails in Rio Terrace it's hard to have nothing to do, but you also have conveniences like the West Edmonton Mall nearby.