Belvedere homes for sale consist of many low-rise apartments. Some Belvedere houses for sale in will offer legal basement suites for residual income, making these great northeast Edmonton real estate investments. Belvedere is a historic neighborhood located in Steele Heights, bounded by Fort Road. Londonderry properties have a relatively higher owner turnover rate for occupancies. This area was part of the village of North Edmonton, then the town of Beverly. Today, it still features a few of these historical landmarks including the Transit Hotel.