Northwest Edmonton Real Estate:
Community of Canora
Canora, an established neighbourhood in Northwest Edmonton, boasts a rich history dating back to the 1930s when residential construction began to take shape. Originating as part of the former Town of Jasper Place before merging with the City of Edmonton in 1962, Canora features a mix of housing styles, affordability, and proximity to major city amenities, such as the North Saskatchewan River Valley and West Edmonton Mall.
Canora Real Estate Statistics
| Average Price | $574K |
|---|---|
| Lowest Price | $79.9K |
| Highest Price | $2.5M |
| Total Listings | 12 |
| Avg. Days On Market | 43 |
| Avg. Price/SQFT | $296 |
Community statistics are calculated by Real Estate Webmasters and are for illustration purposes only, accuracy is not guaranteed.
Property Types (active listings)
Homes For Sale In Canora
- All Listings
- Under $100,000
- $300,000 - $400,000
- $400,000 - $500,000
- $600,000 - $700,000
- $700,000 - $800,000
- $800,000 - $900,000
- Over $1,000,000
Click Here For A List Of Nearby Communities
Canora Interesting Fact
In 1948, the neighbourhood earned its unique name through a contest to name the local elementary school. A creative eighth-grade student named the school "Canora" after the Canadian Northern Railway line, incorporating the first two letters of each word.
Canora Homes: Styles & Pricing
Canora is known for its many low-rise apartment-style condos, constituting over half of the residential properties available. These affordable units, priced from $50,000, offer around 650 square feet of living space and are often equipped with modern amenities like heated underground parking, secure entry, and in-suite laundry facilities. Additionally, many apartments feature high ceilings, private balconies, air conditioning, stainless steel appliances, and other upgraded features.
Approximately 30% of the housing styles in Canora are duplexes featuring three bedrooms, two baths, and over 1,000 square feet of space, with prices starting at $250,000. The neighbourhood also offers a selection of triplexes and fourplexes, appealing to real estate investors seeking affordable investment opportunities. Single-family homes complete the remaining housing options in Canora, ranging from refurbished character bungalows to newly built two-story infill residences.
The average listing price for homes in Canora is $323,925, with the neighbourhood offering lower costs of living and real estate compared to the Edmonton averages.
Canora Amenities & Schools
Residents of Canora benefit from a host of local amenities and services in the neighbourhood, including grocery stores, medical facilities, restaurants, and more. Additionally, Canora's proximity to shopping centers like Mayfield Common, West Point Centre, and West Edmonton Mall provides convenient access to a wide range of retail outlets and dining options.
Canora boasts two parks, playgrounds, sports fields, walking trails, and an active community league. Additionally, residents have easy access to MacKinnon Ravine Park and the greater river valley trail system for recreational pursuits. Nearby recreational facilities like the St. Francis Xavier Sports Centre and Jasper Place Fitness and Leisure Centre offer additional options for fitness and leisure activities, ensuring a well-rounded lifestyle.
Canora is home to two schools – a public elementary school and a Catholic junior high school, catering to different grade levels.With post-secondary institutions like NAIT, MacEwan University, and the University of Alberta within a 15-minute drive, Canora provides an ideal location for students.
Canora Location & Transportation
Canora residents enjoy easy access to downtown Edmonton, the west Anthony Henday, Yellowhead Trail, and Whitemud Drive, making commuting ultra-convenient. Additionally, future planning includes a stop along the West Valley LRT line, further enhancing public transit options for Canora residents.
Overall, whether you're a first-time homebuyer, investor, or looking simply looking for a convenient and affordable Northwest Edmonton community to call home, Canora presents a range of opportunities to suit various lifestyles and preferences. For more information on real estate opportunities in Canora or other neighbourhoods in Northwest Edmonton, feel free to reach out to us!
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