Rio Terrace Real Estate Statistics

Average Price $523K
Lowest Price $12K
Highest Price $30M
Total Listings 8,853
Avg. Price/SQFT $334

Community statistics are calculated by Real Estate Webmasters and are for illustration purposes only, accuracy is not guaranteed.

Property Types (active listings)

Listings in Rio Terrace Edmonton

Rio Terrace used to be a part of the Town of Jasper Place, which was annexed to Edmonton in 1964. The North Saskatchewan River Valley runs through Rio Terrace on the south, while a ravine runs through it on the north. The bulk of the houses were built in the 1960s, and practically all of them are single-family residences. An elementary school, a community league, a church, and a park are among the other property uses in the area. These amenities are located in the neighborhood's west-central section. There are no commercial business locations in Rio Terrace. Whitemud Drive, on the other hand, provides homeowners with convenient access to Edmonton's retail and service enterprises. On the opposite side of the river, Fort Edmonton Park is also close. Rio Terrace was most likely given that name around 1958. Rio Terrace is possibly a descriptive name for the community that overlooks the North Saskatchewan River Valley, as the word "rio" means "river" in Spanish.