Yellowknife offers a unique combination of city living, close-knit neighbourhoods and easy access to the outdoors. As the capital of the Northwest Territories, the city provides the services and amenities of an urban centre while lakes, trails and wilderness are never far away.
Choosing where to live in Yellowknife often depends on the type of home you’re looking for, your budget and the lifestyle that suits you. The city includes a variety of established and newer residential areas, each with its own mix of housing and character.
If you’re considering buying a home in Yellowknife, exploring the city’s neighbourhoods is a great place to start.
Yellowknife Neighbourhoods
Niven Lake
Niven Lake is a residential area located close to downtown Yellowknife. The neighbourhood includes a mix of detached homes, townhouses and condominiums and is built around the natural landscape surrounding Niven Lake.
Its location provides convenient access to downtown while the Niven Lake Trail and surrounding natural areas offer opportunities to enjoy the outdoors close to home.
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Old Town
Old Town is one of Yellowknife’s most distinctive areas. Located along the shores of Great Slave Lake and Yellowknife Bay, it reflects much of the history and character that makes Yellowknife unique.
Properties in Old Town can be equally distinctive, ranging from traditional Yellowknife homes to newer and one-of-a-kind properties.
For buyers looking for something different from a conventional suburban neighbourhood, Old Town is well worth exploring.
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Latham Island
Connected to Old Town, Latham Island is a residential area surrounded by the waters of Yellowknife Bay.
Homes here occupy one of the city’s most recognizable settings, with the character of Old Town nearby and Great Slave Lake forming an important part of the surrounding landscape.
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Range Lake North
Range Lake North is an established residential area with a variety of housing options.
The neighbourhood is located near many of Yellowknife’s shopping, recreation and everyday services, making it an area buyers frequently encounter when searching for a home in the city.
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Frame Lake South
Frame Lake South is an established residential area offering a mix of Yellowknife housing types.
The neighbourhood is located near many of Yellowknife’s shopping, recreation and everyday services, making it an area buyers frequently encounter when searching for a home in the city.
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School Draw
School Draw is a residential area located between downtown and Old Town.
Its location makes it convenient for accessing both the city centre and the waterfront areas around Yellowknife Bay and Great Slave Lake.
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Con
Con is one of Yellowknife’s established residential areas and an important part of the city’s history.
Located south of downtown, the area includes a variety of residential properties and provides convenient access to both the city centre and nearby outdoor areas.
Downtown Yellowknife
Downtown Yellowknife offers a diverse mix of housing within easy reach of the city’s businesses, restaurants, government offices and services.
Housing options include condominiums ranging from apartment-style developments to high-rise living, as well as numerous single-family homes.
This variety gives buyers options ranging from lower-maintenance condominium living to detached homes while remaining close to the centre of the city.
Matonabee
Matonabee is a residential area located close to downtown Yellowknife, providing convenient access to the city centre while maintaining a predominantly residential setting.
The neighbourhood consists primarily of stick-built detached homes and offers another option for buyers who want a single-family home close to downtown.
View Homes for Sale in Matonabee
More Areas of Yellowknife
Yellowknife also includes residential and mixed-use areas such as Northlands, Forrest Park and Kam Lake.
Not every part of the city has homes available at all times. Yellowknife is a relatively small real estate market, so inventory within an individual neighbourhood can change quickly.
If there are currently no properties available in your preferred area, one of our Realtors can help you explore similar options and keep an eye on new listings.
Living Beyond the City
Yellowknife is also the starting point for a number of road-accessible recreational areas and lakes outside the city.
Areas along the Ingraham Trail and elsewhere outside Yellowknife can occasionally offer cabins, recreational properties and other unique real estate opportunities.
These areas include Prelude Lake, Madeline Lake, Pontoon Lake, Cameron River, Walsh Lake, Tibbit Lake, and the Ingraham Trail.
Properties outside the city can have very different considerations from a typical Yellowknife home, so local knowledge is particularly valuable when evaluating these opportunities.
View Recreational Properties Near Yellowknife
Life in Yellowknife
Where you live is only part of choosing to make Yellowknife home.
Our Community resources provide more information about the services, facilities and opportunities available to residents:
Education in Yellowknife
Health Care in Yellowknife
Culture & Recreation in Yellowknife
Yellowknife City Services
If you’re preparing to relocate to the North, our Moving to Yellowknife guide also covers finding a home, work-related relocations, Northern construction, heating and other considerations when buying property here.
Find Your Place in Yellowknife
There isn’t one Yellowknife neighbourhood that’s right for everyone. The best choice depends on the home you’re looking for, your budget, the location you prefer and what matters most to you.
Coldwell Banker Northern Bestsellers has been serving Yellowknife since 1984. Our Realtors know the city’s neighbourhoods, housing stock and real estate market and can help you understand the options available.
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