If you have been watching property values in Carleton Square Industrial lately, the honest answer is: we are in a bit of a soft patch. Values are dipping across the board, and the numbers back that up. But the story is different depending on what you own - a house or a condo - so let us break it down.
The average HonestDoor Price for a house here sits at $98,033, down 4.49% from the previous period. The more forward-looking predicted market value comes in at $102,644, and even that number is trending downward from a 3-month moving average of $103,479. So the direction is clear - we are not in freefall, but we are not climbing either.
Here is the silver lining for house owners: the rental story is genuinely solid. Estimated rent runs $532 to $555 per month, with a rental yield of 6.13%. That is a strong return. If you are holding this as an investment, the income side of the equation is working in your favour even while the price side takes a breather.
That growth rank is worth pausing on. Sitting at 43 out of 302 comparable Edmonton neighbourhoods puts Carleton Square Industrial houses in the top tier of the city's leaderboard for growth. The price dip is real, but the underlying momentum for houses here is stronger than most of Edmonton.
Condos are a different picture. The average HonestDoor Price is $274,233, down 4.17%, and the predicted market value of $286,180 is also sliding from a 3-month moving average of $289,440. The recent value change of -4.10% confirms the trend is not a blip.
On the leaderboard, condo growth here ranks 251 out of 296 comparable Edmonton neighbourhoods. That puts us near the bottom of the pack for condos. Rental yield comes in at 4.23% - moderate, not exciting. Estimated rent is around $1,482 to $1,545 per month, which is roughly in line with what nearby neighbourhoods are pulling.
Nearby condos in Norwester Industrial, Hawin Park Estate Industrial, and Alberta Park Industrial are all priced slightly higher right now. That gap is not massive, but it does mean condo buyers have options close by - and that keeps pressure on sellers here to price competitively.
Here is something most homeowners do not think about until it is too late. Your city tax assessment is a snapshot from the past - often based on data that is 12 to 18 months old by the time it lands in your mailbox. In a market that has moved 4% in either direction recently, that lag is not a minor detail. It is real money.
The HonestDoor Price is updated in real time using current sales data and market signals. It is the closest thing to what a buyer would actually offer you today - not what the city guessed your home was worth last year. If you are a house owner in Carleton Square Industrial, your HonestDoor Price of around $98,033 to $102,644 is the number that actually reflects today's market. Your assessment almost certainly does not.
Check your HonestDoor Price now. Do not wait for the city to catch up.
If you own a house here and are thinking about listing this summer, the growth rank of 43 out of 302 is genuinely encouraging. The price has dipped, but Carleton Square Industrial houses are outperforming most of Edmonton on the growth leaderboard. Timing matters, and the rental yield of 6.13% means buyers looking at this as an income property have a real reason to be interested.
If you own a condo, the picture is tougher. A growth rank of 251 out of 296 means you are competing in a crowded field, and nearby neighbourhoods are priced slightly higher. That does not mean you cannot sell - it means you need to price sharp and present well. Overpricing a condo here right now is the fastest way to sit on the market through the summer.
Either way, the move is the same: get your current HonestDoor Price, compare it to your tax assessment, and make decisions based on what the market is actually doing today - not what a government document says it was doing 18 months ago.
carleton square industrial | edmonton | july 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.