Parkview offers breathtaking views of the scenic river valley, featuring many mature trees and direct connections with the North Saskatchewan River Valley system with a total area of approximately 155 hectares. Most housing development occurred in the mid- to late 1950s. As such, the residential land use in Parkview is almost exclusively single family houses, which account for 97 percent of homes. The only exception to this residential pattern is a small apartment condo building located in the centre of Parkview.
One of the main features in Parkview is the Valleyview Shopping Centre located on 142 Street. This shopping centre, containing five separate businesses, serves Parkview, as well as some of the nearby home owners. Parkview’s name represents the scenic views offered to residents. The portion of Parkview located to the east of 142 Street was previously known as Valleyview, and the district also incorporates a portion of the former Bueno Vista subdivision. All of these names reflect on the natural beauty of the area.