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Rio Terrace
4 homes for sale in Rio Terrace right now, from $459,999 to $3,750,000. The middle one works out to about $6,767 a month on a mortgage — $1,375,000 at 10% down over 25 years.
4 homes for sale
Newest first.
Every home for sale in Rio Terrace (4), newest first
- 15432 78 Avenue NW$459,999 · 4 bd · 4 ba
- 15012 77 Avenue NW$560,000 · 3 bd · 3 ba
- 7305A 155 Street NW$1,375,000 · 5 bd · 5 ba
- 15309 Rio Terrace Drive NW$3,750,000 · 4 bd · 6 ba
Monthly cost of owning in Rio Terrace
Supporting context for budgeting: every figure is the estimated monthly mortgage at 10% down, 4.34% over 25 years — principal and interest, before taxes and condo fees.
| Monthly budget | Homes at or under | Typical size | Median floor area |
|---|---|---|---|
| $2,600/mo | 1 home | 4 bed | 1,733 ft² |
| $3,200/mo | 2 homes | 4 bed | 1,733 ft² |
What is for sale in Rio Terrace
4 houses, and no condos, most of them 4-bedroom, at a median of $528 per square foot.
What the City assesses homes at
City of Edmonton 2026 assessment roll, split by dwelling type — a median rather than an average, so one large sale doesn’t speak for the block. Edmonton classifies it as a redeveloping neighbourhood.
Houses are up 21.7% since 2012, measured on the 497 that were on the roll in both years. Half of Rio Terrace’s houses are assessed between $510,500 and $638,500.
Schools and parks in Rio Terrace
Schools
- Rio Terrace — K to Gr 6
City of Edmonton open data. Assigned to the nearest neighbourhood centre, so a site on a boundary may appear under either.
Around Rio Terrace
Everyday walkability
0% of the 517 homes in Rio Terrace have all four within 800 m — about a ten-minute walk, compared with 38% of homes across Edmonton. The typical home is 1.5 km from the nearest grocery store (770 m across the city).
Grocery stores closest to the middle of Rio Terrace: Safeway (1.5 km).
Things to do nearby
- Fort Edmonton Park — snowshoeing, 940 m from the middle of the neighbourhood
- John Janzen Nature Centre — snowshoeing, 1.1 km from the middle of the neighbourhood
- Jasper Place Branch Library — library, 1.7 km from the middle of the neighbourhood
As of September 14, 2026. Straight-line distances from every residential property in the City’s assessment records. Business licences, schools, parks, transit stops and recreation facilities from City of Edmonton open data; grocery stores and libraries from © OpenStreetMap contributors. A licence shows a business is registered with the City, not that it is open today.
How Rio Terrace compares
- A median house assessment of $548,000 — 14% above the median neighbourhood, which sits at $482,000
- 6 transit stops, against a median of 16
- 3 parks, about the city median
- 1 school, about the city median
- About 1,260 people live here
- A median lot of 695 m², against a city median of 554
City of Edmonton open data. Medians are across the 393 neighbourhoods the City publishes figures for.
Common questions about Rio Terrace
How much do homes cost in Rio Terrace?
The 4 homes for sale in Rio Terrace today run from $459,999 to $3,750,000, with a median of $1,375,000.
What would my monthly payment be in Rio Terrace?
A median-priced home in Rio Terrace works out to about $6,767 a month — $1,375,000 at 10% down, 4.34% over 25 years, principal and interest — so you can budget the carrying cost before you write an offer.
What is the least expensive home in Rio Terrace right now?
The least expensive home listed here is $459,999, and the table above shows how the rest of the inventory spreads across monthly budgets.
What is Rio Terrace like to live in?
The City records 6 transit stops, 3 parks and 1 schools in Rio Terrace, and classifies it as a redeveloping neighbourhood.