Park Allen Homes for Sale
The Neighborhood of Park Allen, Edmonton
After the World War II, Park Allen was one of the neighborhoods which was constructed and further developed. There were around 10 residents at that time and the neighborhood has since increased in many ways. Today the population is over 2000 in the quaint community. Park Allen is very close to the University of Alberta and there is easy access to the south parts of Edmonton from 63 ave and 114 st. Discover why so many people are looking to live in Park Allen..
Park Allen Homes For Sale
|All Listings||$300,000 - $400,000||$400,000 - $500,000|
|$500,000 - $600,000||$600,000 - $700,000||$700,000 - $800,000|
|$900,000 - $1,000,000|
Park Allen Homes For Sale
The Residents and Park Allen Real Estate
In this particular neighborhood, most of the residences are single-family dwellings which constitute around 81 percent of the total. There are a lot of apartments in low-rise buildings which constitute about 15% of the dwellings. A few duplexes and row houses can also be found with approximately 2.2 people living in each of the residents.
Out of three houses, two are owned by the people living in it while the remaining is rented. The population has high mobility with about 49.2 percent of the population having lived at the same place for the last five years. The remaining keep changing their residents for one reason or other. Most of the households comprise of one or two persons.
The neighborhood has the famous University of Alberta on one side which makes it an ideal place to live for the students. The university covers fifty blocks of the city of Edmonton and comprises of 150 buildings. It is a relatively big university and hosts a large number of students from not only Canada but from various other parts of the globe as well.
The university has a major economic impact on the neighborhood and this is the main reason that we find young people in this area more as compared to other age groups. The apartments and condos are rented mostly by the university students. The marketplaces monetize because of the large number of students who come here to do most of their shopping.
The people of the neighborhood mostly rely on the Edmonton Light Rail Transit (LRT) as the ultimate mean of transport. The LRT also serves to be a great way for the students of the University of Alberta to travel to various parts of the city.
In 2009, the neighborhood became a part of the campaign “eco-friendly mobility” which required them to give up the use of automobiles. A lot of them have stopped using their own cars since then and rely on the public modes of travel.
The Park Allen restaurant provides the best Mediterranean and Lebanese cuisine and is the best pizza parlor for the university students. It also has one school and is an ideal place to live because of the decent and quiet environment. The Southgate Shopping Center offers the best variety to the residents and is one of the best places to shop in the area. Violet Archer Park is also a great attraction in the neighborhood.
This particular neighborhood provides a high standard of living to the residents and a peaceful environment as well. The average price of the house is somewhere around $525,000 which makes it affordable as well.
Listing information last updated on September 17th, 2019 at 2:46pm MDT.