New$184,500
461 bd1 ba734 ft²$251/ft²
#1101 12303 Jasper Av NW
ApartmentWîhkwêntôwin1 day ago
E4506283 · Courtesy of RE/MAX Real Estate
REALTOR.caCentral Edmonton · Neighbourhood profile
Oliver, Edmonton
Central areaEst. 1904RedevelopingOfficially renamed Wîhkwêntôwin
Edmonton's most walkable neighbourhood, renamed from Oliver in 2023 — and the clearest case of condo values going backwards.
Median assessed
$185,000
6,642 residential properties
Vs. Edmonton
-56.6%
city median $426,500
Est. 2026 property tax
$1,917
10.3637 per $1,000 assessed
Population
18,695
2021 Census
169 homes for sale in Wîhkwêntôwin
Live MLS® listings, newest first.
New
New$149,900
311 bd1 ba872 ft²$172/ft²
#905 9929 113 St NW
ApartmentWîhkwêntôwin2 days ago
E4506232 · Courtesy of Royal Lepage Arteam Realty
REALTOR.ca
New$199,999
453 bd1 ba1,009 ft²$198/ft²
#16 11219 103A Av NW
ApartmentWîhkwêntôwin2 days ago
E4506217 · Courtesy of Century 21 Masters
REALTOR.ca
New$710,000
633 bd2+1 ba2,065 ft²$344/ft²
#501 10010 119 St NW
ApartmentWîhkwêntôwin3 days ago
E4506156 · Courtesy of Real Broker
REALTOR.ca
New$339,900
582 bd2 ba1,356 ft²$251/ft²
#203 10178 117 St NW
ApartmentWîhkwêntôwin4 days ago
E4506057 · Courtesy of Century 21 All Stars Realty Ltd
REALTOR.ca
New$229,000
582 bd2 ba843 ft²$272/ft²
#403 10011 110 St NW NW
ApartmentWîhkwêntôwin4 days ago
E4506053 · Courtesy of REMAX River City
REALTOR.caMLS® listing content on this page is made available under our Terms of Use.
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Christopher Peel · REALTOR®
MaxWell® Polaris
This website is operated by Christopher Peel, REALTOR®, of MaxWell Polaris, Edmonton, Alberta — the brokerage responsible for this website.
The listing data above is provided under copyright by the Canadian Real Estate Association (CREA). The listing data is deemed reliable but is not guaranteed accurate by CREA nor BestYEGHomes.
Listing information last updated on August 31, 2026 at 10:20 p.m. MT.
Wîhkwêntôwin is the closest Edmonton gets to living without a car. Jasper Avenue's restaurants and bars, two LRT lines, the river valley at the foot of the hill, and Oliver Square for the rest. It is dense and central, and for anyone who wants a city life it beats every other part of town for ease. The City renamed it from Oliver in 2023, and both names are still in use.
It is also the hardest number on this site. The assessment table below runs backwards. The median residential assessment here is lower today than it was more than a decade ago — not slower growth, an actual decline, before inflation. If you are buying a condo in this neighbourhood you should understand that history before you sign. One caveat makes it stronger, not weaker: our count drops units assessed under $100,000, so the decline shown is the gentler version.
The place
Community Profile
Walkability is the reason to be here and it is not exaggerated. Groceries, restaurants, gyms, bars and services are all on foot, and the Capital and Metro lines plus a major bus hub cover everything else. The bike network is among the city's best. A household here can genuinely run one car or none, and that saving is real money that never appears in a price comparison.
The green is better than people expect. Victoria Promenade runs along the top of the river valley bank, with the trails below it, and the Royal Alberta Museum sits at the edge of the area. What you do not get is a yard. This is condo living — mostly one and two bedroom units, roughly 500 to 1,000 square feet, in mid and high-rise towers.
The name matters practically, not just symbolically. The City's assessment roll and permit records now file this neighbourhood as Wîhkwêntôwin, while the 2021 census and plenty of listings still say Oliver. If you are searching records or comparing data, search both — we do on this page, which is why the price history above runs the full distance instead of starting in 2025.
Photo: Mack Male, CC BY-SA 2.0, via Wikimedia CommonsWhat stands out
- Most walkable neighbourhood in Edmonton
- Jasper Avenue dining and nightlife
- Victoria Promenade park
- River valley access
- Oliver Square shopping
The price band
What Homes in Oliver Are Assessed At
Oliver’s median residential assessment sits at $185,000 — 56.6% below the Edmonton median of $426,500. Here is how that compares with the neighbourhoods right next door, which is the comparison that actually shapes what you can buy for your money.
- Glenora$742K
- Rossdale$495K
- Westmount$455K
- Downtown$231K
- Central McDougall$225K
- Queen Mary Park$212K
- Oliver — this neighbourhood$185K
One caution on reading this chart: each bar is a median across every residential property in that neighbourhood, houses and apartment condos together. An area with a lot of condo stock reads lower here — not because its houses are cheaper, but because the mix is different.
Source: City of Edmonton Open Data, property assessments (q7d6-ambg) — 2026 assessment and tax year · development permits to March 30, 2026. Residential properties assessed at $100,000 or more, which excludes parking stalls, storage units and vacant land. Assessed values are the City’s valuations for tax purposes, not sale prices.
Inside the range
- Average assessment
- $233,395
- With a garage on the roll (102)
- $555,500
- Without a garage (6,540)
- $182,750
The City records whether a property has a garage. That is a rough stand-in for the detached-house stock and nothing more — plenty of houses have no garage, and the flag says nothing about building type.
The longer view
How Assessed Values Have Moved
- 2015$226,0007,372 properties
- 2020$203,0007,180 properties
- 2025$186,5006,544 properties
- 2026$185,0006,642 properties
-18.1% in the median between 2015 and 2026.
Source: City of Edmonton Open Data, historical property assessments (qi6a-xuwt). Residential parcels assessed at $100,000 or more. The most recent year comes from the current assessment roll (q7d6-ambg), which classifies properties slightly differently — close enough to compare, not the same query.
Worth knowing
Why condo values behave nothing like house values
A house is mostly land with a building on it. A condo is mostly building, with a sliver of land attached. That one difference explains most of what the table above shows. Land does not wear out, and nobody makes more of it. Buildings age, need work, and more of them can be built whenever someone finds a site — which downtown, they often do.
So the two move on different forces. House prices in an older neighbourhood are held up by land nobody can make more of. Condo prices compete with every new tower that opens, and with their own building getting older. When new supply keeps landing and the old stock keeps ageing, prices can fall for years while the city around them grows. That is not a quirk of this place. It is how the asset normally behaves, showing up here more plainly than anywhere else in Edmonton.
The practical version. Condo fees and the reserve fund are not fine print here. They are the whole bet. A building with money set aside and its systems kept up holds its value. One that puts off the work is quietly handing the cost to whoever owns the unit when the bill lands. Read the reserve fund study and the board minutes before you read the listing. And if you are buying for the walkable life rather than for appreciation, this neighbourhood delivers that better than anywhere in the city — just buy it with your eyes open.
On the ground
What's Being Built in Oliver
4 residential-construction permits have been filed here since January 1, 2024, in a neighbourhood the City classifies as redeveloping.
- Apartment / multi-unit4
Source: City of Edmonton Open Data, development permits (q4gd-6q9r), residential-construction permits only. Most recent in this set: March 30, 2026.
Recently filed
11, 12045 - 104 AVENUE NW
To add 1 Dwelling to an existing Residential Use building in the form of a Multi-unit Housing, and to construct interior alterations.
Permit dated March 30, 2026 · Approved
4A, 10207 - 115 STREET NW
To add one (1) Dwelling to an existing Residential Use building in the form of Multi-unit Housing (total 21 Dwellings) and to construct interior alterations.
Permit dated March 24, 2026 · Approved
104, 10020 - 121 STREET NW
To add 1 Dwelling to an existing Residential Use building in the form of a Multi-unit Housing (total 48 Dwellings).
Permit dated May 8, 2025 · Approved
10015 - 119 STREET NW
To convert an amenity room to 1 Dwelling unit on the 2nd Floor of a Residential Use building (Multi-unit Housing).
Permit dated April 22, 2025 · Approved
A development permit is an application to build, and its status is the City’s — approved, in progress, or under appeal. None of them is a finished building, and not every one gets built. They are the earliest public signal of what a block is becoming.
The carrying cost
Property Taxes Here
Edmonton sets one residential tax rate for the whole city, so Oliver has no rate of its own — your bill is that rate applied to your own assessed value. At the 2026 rate of 10.3637 per $1,000 of assessment, a home at Oliver’s median of $185,000 would carry about $1,917 a year — roughly $160 a month. The rate splits into 7.7419 municipal and 2.6218 provincial education.
Your own bill will differ, because your assessment will. If it looks wrong, it can be challenged — our Edmonton property tax guide walks through how the bill is built, and how to appeal an Edmonton property assessment covers the complaint process and its deadlines.
Source: City of Edmonton Open Data, tax rates (pwis-wc4c), 2026 residential rate, applied to the median assessment above. An estimate for the median property, not a bill for any specific one.
The honest read
Living in Oliver — Pros & Cons
What works
The most walkable address in Edmonton
Groceries, restaurants, gyms and services on foot; two LRT lines and a major bus hub for everything else. A household here can realistically drop a vehicle, which is thousands a year.
The cheapest entry into the city
The median assessment here is the lowest of any neighbourhood we profile, by a wide margin. For a first purchase, or for someone who wants central Edmonton at all, that is the door.
River valley at the doorstep
Victoria Promenade runs along the bank with the trail network below. Dense living with immediate access to the valley is a rare combination.
The tradeoffs
Assessed values have fallen for over a decade
The table above is the clearest warning on this site: the median is lower now than it was eleven years ago, in nominal terms, before inflation. Buy here for the life, not for the appreciation.
Condo fees and special assessments are the real cost
Monthly fees, and the risk of a special assessment when an ageing building faces major work. Read the reserve fund study and recent board minutes. This is where the money actually is.
New supply keeps arriving
Central neighbourhoods get new towers, and every one of them competes with the existing stock. That pressure is a structural feature of buying an apartment condo here, not a passing condition.
No yard, and density comes with density
Noise, neighbours through the wall, and the ordinary friction of Jasper Avenue nightlife if you are close to it. Visit at night before you decide.
Around the neighbourhood
What's Nearby
Landmarks
- Jasper Avenue
- Victoria Promenade
- Oliver Square
- River Valley trails
- Royal Alberta Museum
Schools
- Edmonton Public Schools
- Edmonton Catholic Schools
Verify current catchments with the school boards — boundaries change.
Transit
Excellent — Capital Line and Metro Line LRT, major bus hub, extensive bike network
On the market
See homes for sale in Wîhkwêntôwin (Oliver)→
Live MLS® listings, updated daily from the REALTOR.ca data feed — photos, prices, and full property details.
Oliver market data
MLS® prices, sales, and trends for this area are free with an account.
Good to know
Frequently Asked Questions
What are condos in Wîhkwêntôwin (Oliver), Edmonton worth?
The public measure is the City's assessment roll, shown above with the full price history and the city median for comparison. It is the lowest median of any neighbourhood we profile. Assessed value is a tax figure with its own date, not a sale price. For actual selling prices, MLS® pricing is free with a BestYEGHomes account.
Why is Oliver now called Wîhkwêntôwin?
The City renamed it Wîhkwêntôwin in 2023. Both names are still in use, and the City's own data does not agree with itself — the tax roll and permits use the new name, while the 2021 census still says Oliver. This page searches both, which is why the price history above covers the full span.
Have condo prices in Oliver gone down?
On the City's tax roll, yes. The median is lower today than it was more than a decade ago, before inflation. The table above shows the whole run. That says more about how condos behave — competing with new supply while the older towers age — than about this neighbourhood in particular.
Is Wîhkwêntôwin a good place to buy in Edmonton?
It is the best neighbourhood in the city for someone who wants to live without a car, and the cheapest way into central Edmonton. It is a poor choice if you are buying primarily for appreciation. Both of those are true at once, and which matters more depends on why you are buying.
Where can I see condos for sale in Wîhkwêntôwin right now?
Current MLS® listings for the area are on our listings pages, updated daily from the REALTOR.ca data feed, and linked at the top of this page. Listings may appear under either Wîhkwêntôwin or Oliver.
What should I check before buying a condo here?
The reserve fund study, recent board minutes, the monthly fee and its history, and any special assessments levied or discussed. In a neighbourhood of ageing buildings these matter more to your outcome than the unit itself.
ℹ️
n/a = fewer than 5 sales; CREA suppresses price data to protect privacy. 0 sales = no transactions recorded for that property type/area this period. Low-volume months (especially January) will show more gaps.
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