Ozerna homes for sale are in the Lake District making them a great place for our military members to purchase real estate keeping in mind resale value for their next posting and is only ten minutes north of CFB Garrison. Ozerna properties are a favorite among young and old. Residential real estate construction within Ozerna began in the 1980s and continued on well into the 2000s and was planned to accommodate predominantly detached houses. Ozerna is a Ukrainian word that means lake area. This part of northeast Edmonton is in the heart of the Lake District with every possible amenity you can think of.