[8][9] The origin of the name – borrowed from that of Ambleside in Cumbria, England – is Old Norse Á-mel-sǽtr = "river — sandbank — summer pasture".

Several major retailers, including Walmart, London Drugs, Canadian Tire, Home Depot, Cabelas, and Staples all have locations in the Currents.

Bus service to Ambleside was established in October 2007 on Route 324 by the Edmonton Transit System during peak hours only.

Following ETS' 2021 route redesign, bus service instead connects Ambleside to Leger Transit Centre.

Housing construction has increased with time, with a mix of single family homes and duplexes.