Capilano is a residential neighbourhood in south east Edmonton, Alberta, Canada. The neighbourhood, established in the 1950s, overlooks the scenic North Saskatchewan River valley.

The neighbourhood is bounded on the north, north west and north east by the North Saskatchewan River valley. To the west, the neighbourhood overlooks Wayne Gretzky Drive. The southern boundary west of 50 Street is 106 Avenue. From 50 Street, the neighbourhood boundary follows a zig zag path running north east until it reaches the Gold Bar Ravine. 

The Gold Bar Ravine forms the neighbourhood's eastern boundary.
The community is represented by the Capilano Community League, established in 1958, which maintains a community hall, outdoor rink and tennis courts located at 54 Street and 108 Avenue.