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Heritage Valley Town Centre and Cashman: Two Small Southwest Markets
Heritage Valley Town Centre and Cashman are two of the smallest markets in southwest Edmonton: the Town Centre is mostly apartment condos around the Heritage Valley Transit Centre area, and Cashman, on the east edge of Heritage Valley beside Calgary Trail and Gateway Boulevard, recorded only townhouse sales in the last 12 months. Both suit buyers who want a newer, lower-priced home in Heritage Valley and are willing to live in a neighbourhood that is still filling in.
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Heritage Valley Town Centre
The neighbourhood was set up in 2009 with the adoption of its Neighbourhood Area Structure Plan. Its boundaries are the future extension of 127 Street SW to the west, the future 25 Avenue SW to the north, the future extension of James Mowatt Trail SW to the east, and Heritage Valley Neighbourhood 9 to the south. The City owns about 119 acres in the Town Centre, of which roughly 55 acres are set aside as municipal reserve for a district park; the rest is planned for stormwater management, a future LRT corridor, utility lots and a mix of commercial and high-density residential. The City counted 634 residents in its 2019 municipal census.
| Sales, all types | 23 |
|---|---|
| For sale on Nov 8, 2026 | 15 |
| Median sold price, apartment condo | $181,000 (21 sales) |
| Median days on market, all types | 66 |
| Months of supply, all types | 7.8 |
At 7.8 months of supply, buyers here have more room to negotiate than in most of Heritage Valley.
Cashman
Cashman is named after Tony Cashman, the Edmonton writer, playwright and historian. It is bounded by Blackmud Creek across the creek to the west, Blackburne to the north, Calgary Trail and Gateway Boulevard to the east, and Cavanagh to the south and southeast; development follows the Cashman Neighbourhood Area Structure Plan.
| Sales | 4, all townhouses |
|---|---|
| For sale on Nov 8, 2026 | 7 |
| Median sold price | $259,197 |
With only 4 sales, treat the Cashman median as a rough marker, not a price guide. The sold-to-list figure above 100% suggests some sales were builder units that closed above an earlier list price, which is common for new townhouse phases.
Source: REALTORS® Association of Edmonton MLS® System, Nov 1, 2025 to Oct 31, 2026 (closed sales) and Nov 8, 2026 (active listings).
Who these two neighbourhoods suit
- First-time buyers who want new construction in Heritage Valley at a condo or townhouse price.
- Commuters south: Cashman sits next to Calgary Trail and Gateway Boulevard for the drive to Nisku and the airport.
- Transit users: the Heritage Valley Transit Centre and the future Heritage Valley North LRT station are on the Town Centre's doorstep. See homes near the Capital Line South extension.
Sources: Heritage Valley Town Centre, Wikipedia, City of Edmonton, Heritage Valley Town Centre land, Cashman, Wikipedia, 2019 municipal census.
Questions about Heritage Valley Town Centre and Cashman?
Contact the Haupt Phaneuf Real Estate Team, eXp Realty, at 780-993-8574.
Town Centre and Cashman questions
Where is Heritage Valley Town Centre?
In southwest Edmonton, between the future 127 Street SW extension on the west and the future James Mowatt Trail SW extension on the east, south of the future 25 Avenue SW.
What will be built in Heritage Valley Town Centre?
The City plans about 55 acres of district park, with the rest of its land for stormwater, a future LRT corridor, utilities and a mix of commercial and high-density residential.
Who is Cashman named after?
Tony Cashman, an Edmonton writer, playwright and historian.
What kind of homes sell in Cashman?
All of Cashman's sales in the 12 months to October 31, 2026 were townhouses.
Is there room to negotiate in Heritage Valley Town Centre?
Its months of supply were well above the southwest average, which generally gives buyers more room.
Contact the team
The Haupt Phaneuf Real Estate Team, eXp Realty, works with buyers and sellers across southwest Edmonton and can meet at your home to discuss pricing. Reach the team at 780-993-8574.