Home › Communities › Rio Terrace
Rio Terrace
3 homes for sale in Rio Terrace right now, from $639,900 to $3,750,000. The middle one works out to about $6,767 a month on a mortgage — $1,375,000 at 10% down over 25 years.
3 homes for sale
Lowest monthly payment first.
Every home for sale in Rio Terrace (3), newest first
- 15309 RIO TERRACE DR NW$3,750,000 · 4 bd · 6 ba
- 15405 75 AV NW$639,900 · 5 bd · 3 ba
- 7305A 155 ST NW$1,375,000 · 3 bd · 5 ba
What your rent could buy in Rio Terrace
Every figure is the estimated monthly mortgage at 10% down, 4.34% over 25 years — principal and interest, before taxes and condo fees.
| If you pay | Homes at or under | Typical size | Median floor area |
|---|---|---|---|
| $3,200/mo | 1 home | 5 bed | 1,230 ft² |
What is for sale in Rio Terrace
3 houses, and no condos, most of them 4-bedroom, at a median of $528 per square foot.
The neighbourhood itself
From the City of Edmonton's open data. Edmonton classifies it as a redeveloping neighbourhood.
Schools and parks in Rio Terrace
Schools
- Rio Terrace — K to Gr 6
City of Edmonton open data. Assigned to the nearest neighbourhood centre, so a site on a boundary may appear under either.
How Rio Terrace compares
- An average assessed value of $707,934 — 75% above the median neighbourhood, which sits at $403,762
- 6 transit stops, against a median of 16
- 4 parks, against a median of 3
- 1 school, about the city median
- About 1,260 people live here
- A median lot of 715 m², against a city median of 552
City of Edmonton open data. Medians are across the 388 neighbourhoods the City publishes figures for.
Common questions about Rio Terrace
How much do homes cost in Rio Terrace?
The 3 homes for sale in Rio Terrace today run from $639,900 to $3,750,000, with a median of $1,375,000.
What would my monthly payment be in Rio Terrace?
A median-priced home in Rio Terrace works out to about $6,767 a month — $1,375,000 at 10% down, 4.34% over 25 years, principal and interest. That is the figure Padster shows on every listing, so you can compare it directly with your rent.
Is Rio Terrace realistic for a first-time buyer?
The least expensive home listed here is $639,900, about $3,149 a month. Whether that works depends on your down payment and what you pay in rent now — the figures above show what each rent level buys in Rio Terrace.
What is Rio Terrace like to live in?
The City records 6 transit stops, 4 parks and 1 schools in Rio Terrace, and classifies it as a redeveloping neighbourhood.