Parkallen homes for sale are situated a few minutes from the University Campus. Most Parkallen real estate listings will be detached houses near Southgate. This southwest Edmonton community offers a mix of cute war-time character houses to brand new or recently built modern infills. The war-time houses in Parkallen can run at the half-million-dollar price point to properties three legal suites in the main house and can generate thousands of dollars of income per month to luxury designed properties creating the ideal environment for the world we live in. Today this is one of the best places to buy real estate with its close proximity to U of A, University Hospital, and the great nightlife along Whyte Avenue.
Most of the residential real estate in Parkallen took place right after the Second World War and in the early 1960s. Parkallen was originally known as Beau Park and Bridge Land. The name was changed in 1945 by a majority vote of the residents. At that time, about 80% of all residential prperties were single family houses. Today, portions of Parkallen now have commercial establishments which make life easier for residents.
Parkallen is a charming community in central southwest Edmonton with a welcoming atmosphere located near the University of Alberta and the Southgate Shopping Centre. There is plenty of nearby amenities including a skating rink, spray park playground, public access transit system, walking and bike trails. The Art in the Park Festival in Parkallen is an annual favourite that takes place each June, allowing visitors to enjoy a blend of creative artwork and music while local restaurants and vendors.