If you own property in Garside Industrial and you're still going off your last city assessment, you're probably working with stale numbers. The market here is telling two very different stories depending on what you own - and the gap between houses and condos is worth paying attention to.
The average HonestDoor Price for a house in Garside Industrial sits at $195,022, up a modest 0.09% from the previous period. That's not a fireworks show, but it's movement in the right direction. The 3-month moving average is $194,143, and the predicted value is nudging above that at $194,850 - so the trend line is pointing up, even if it's not racing.
Here's the part that should get our attention as homeowners: the rental yield on houses here is 6.01%. That's a strong number. If you're renting out or thinking about it, estimated rent comes in at around $1,011 to $1,015 per month. That kind of yield doesn't come easy in Edmonton's industrial pockets.
That growth rank of 158 out of 292 puts us in the below-average tier on Edmonton's neighbourhood leaderboard - not last, but not leading the pack either. Compare that to nearby High Park Industrial, where house values average $320,574. We're priced lower, but our rental yield story is genuinely competitive.
Condos in Garside Industrial are a different conversation. The average HonestDoor Price is $331,667, but it has dropped 2.78% from the previous period. The predicted value of $341,167 is actually sitting below the 3-month moving average of $352,607 - meaning the trend is still cooling. A recent value change of -6.08% is not a number to brush off.
On Edmonton's neighbourhood leaderboard, Garside Industrial condos rank 293 out of 302 for growth. That puts us near the bottom of the city. If you own a condo here, that's not panic-worthy, but it is a signal worth watching closely.
The one silver lining for condo owners is that Garside Industrial condos are still priced above nearby Mitchell Industrial ($260,983) and Alberta Park Industrial ($278,943). So we're holding a relative premium in the immediate area - even if the broader Edmonton trend isn't doing us any favours right now.
Your city assessment is a snapshot taken months ago, based on data that's even older than that. It doesn't know what happened to condo values in the last quarter. It doesn't reflect that house rental yields here are running at 6%. It's essentially a photo from last year being used to describe today.
The HonestDoor Price is updated in real time. It's pulling in current market signals - not a bureaucratic calendar. For house owners in Garside Industrial, that means seeing a value that reflects actual upward movement. For condo owners, it means getting an honest look at a softening trend before it catches you off guard at the negotiating table. Either way, knowing your real number now puts you ahead.
If you own a house in Garside Industrial and you're thinking about listing this summer, the timing isn't bad. Values are ticking up, the rental demand story gives buyers a reason to pay attention, and you're sitting above your 3-month average. You're not in a seller's frenzy, but you're not fighting headwinds either. Get your HonestDoor Price, know your floor, and price with confidence.
If you own a condo, summer 2025 calls for a more careful read. A -6.08% recent change and a growth rank of 293 out of 302 means the market is not working in your favour right now. That doesn't mean don't sell - it means go in with clear eyes. Know what your unit is actually worth today, not what you hope it's worth. A realistic price based on your current HonestDoor Price will move faster than an optimistic one that sits and stales.
Bottom line: Garside Industrial is not one market right now - it's two. Houses are holding up. Condos are under pressure. Knowing which story applies to your front door is the whole game.
garside industrial | edmonton | august 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.