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Terrace Heights
In Central Edmonton · Zone 19
5 homes for sale in Terrace Heights right now, from $415,000 to $674,900. The middle one works out to about $2,214 a month on a mortgage — $450,000 at 10% down over 25 years.
5 homes for sale
Newest first.
Every home for sale in Terrace Heights (5), newest first
- 10155 74 Street NW$674,900 · 6 bd · 4 ba
- 7304 98A Avenue NW$424,900 · 3 bd · 1 ba
- 10139 74 Street NW$530,000 · 5 bd · 3 ba
- 10138 74 Street NW$415,000 · 5 bd · 2 ba
- 10151 71 Street NW$450,000 · 4 bd · 2 ba
Monthly cost of owning in Terrace Heights
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 |
|---|---|---|---|
| $2,200/mo | 2 homes | 5 bed | 1,314 ft² |
| $2,600/mo | 3 homes | 4 bed | 1,187 ft² |
| $3,200/mo | 4 homes | 5 bed | 1,194 ft² |
What is for sale in Terrace Heights
5 houses, and no condos, most of them 5-bedroom, at a median of $350 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.
A house in Terrace Heights is assessed at about 4.1× a condo ($454,500 against $111,250). Houses are up 17.5% since 2012, measured on the 525 that were on the roll in both years. Condos are down 18.9% since 2012, measured on the 106 that were on the roll in both years. Half of Terrace Heights’s houses are assessed between $421,000 and $502,500.
Schools and parks in Terrace Heights
Schools
- Argyll Centre — K to Gr 12
Parks
- Terrace Heights Park 1 — school and community park
- Fulton Ravine South — natural area park
- Ottewell Road Island 1 — other land type
City of Edmonton open data. Assigned to the nearest neighbourhood centre, so a site on a boundary may appear under either.
Around Terrace Heights
Everyday walkability
37% of the 655 homes in Terrace Heights have all four within 800 m — about a ten-minute walk, compared with 38% of homes across Edmonton. The typical home is 910 m from the nearest grocery store (770 m across the city).
Grocery stores closest to the middle of Terrace Heights: Safeway (960 m), Walmart Supercentre (1.2 km).
Where to eat and drink
17 restaurants and food businesses hold a City of Edmonton licence in Terrace Heights, 2 of them licensed to serve alcohol, mostly along 101 Avenue (10).
Things to do nearby
- Edmonton Public Library, Capilano — library, 520 m from the middle of the neighbourhood
- Austin O'Brien Tennis Court — tennis court, 800 m from the middle of the neighbourhood
- Hardisty Fitness and Leisure Centre — recreation centre, 940 m from the middle of the neighbourhood
- Michael Cameron Arena — arena, 1.1 km from the middle of the neighbourhood
- Forest Heights Tennis Court — tennis court, 1.7 km from the middle of the neighbourhood
- Riverside Golf Course — golf course, 1.9 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 Terrace Heights compares
- A median house assessment of $454,500, about the Edmonton median
- A median condo assessment of $111,250 — 48% below the median neighbourhood, which sits at $214,750
- 10 transit stops, against a median of 16
- 5 parks, against a median of 3
- 1 school, about the city median
- About 2,165 people live here
- A median lot of 562 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 Terrace Heights
How much do homes cost in Terrace Heights?
The 5 homes for sale in Terrace Heights today run from $415,000 to $674,900, with a median of $450,000.
What would my monthly payment be in Terrace Heights?
A median-priced home in Terrace Heights works out to about $2,214 a month — $450,000 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 Terrace Heights right now?
The least expensive home listed here is $415,000, and the table above shows how the rest of the inventory spreads across monthly budgets.
What is Terrace Heights like to live in?
The City records 10 transit stops, 5 parks and 1 schools in Terrace Heights, and classifies it as a redeveloping neighbourhood.
Condo buildings in Terrace Heights
1 building, 0 with units for sale today.
- Clover ManorNothing listed today