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 homes 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.