Much like the Peaks of Grassi area of Canmore, the Riverstone neighbourhood is comprised single family dwellings on narrower lots across two streets, Riverstone and Moraine Road. Also like Peaks of Grassi, several of the homes are zoned for a legal suite, meaning owners can choose to generate extra income to offset ownership costs, while still enjoying the benefits of owning their own home. Due to the narrower lots than found in other neighbourhoods in Canmore, Riverstone is a residential area that is more densely populated than typically seen, but also results in a lower price point for single family homes than in other parts of town, making it an ideal location for those looking into their first home purchase here. This neighbourhood’s close location to Elk Run Park, local day care and playgrounds, schools, and other amenities will always make Riverstone a popular choice for families in Canmore.

Some of the street’s in this area include: Moraine Road and Riverstone Road.