Interesting little 'tid bit, Bearspaw was named after Stony Indian Chief Masgwaahisd (Bearspaw). Bearspaw is a 5 min drive to the South Edm. Common Shopping Area. Which is home to numerous retail locations, restaurants & Cineplex Odeon. The community of Bearspaw is bordered by Bearspaw Lake and Blackmud Creek Ravine. KENNEDY Real Estate your Edmonton REALTOR� source for local Edmonton Real Estate and Bearspaw Homes For Sale.