Main Housing Stats for Elmvale Acres, Last 90 days till February 6th 2020: The average house price in Elmvale Acres, Ottawa in February 2020 was $519,219, an increase of 23% over February 2019. There were 24 home sales in Elmvale Acres versus 10 last year and It took an average of 19 days for homes to sell versus 22 days last year.
The table below shows you the historical prices for Elmvale Acres going back as far as 2000, with the percent change each year
Elmvale Acres & Average Sold Home Price History
|Year||# Sales||Average Price||% Change|
From the sales data above, you can see that the number of homes that sell every year in Elmvale Acres remains constant, with the same numbers of sales in 2000 as there were in 2016.
Elmvale Acres is located inside the “Greenbelt” tucked into the south east corner of the area. The neighbourhood has a population of approximately 3,300 people. With the majority of homes built in the 50’s and 60’s you’ll find bungalows, split-level and 2 storeys’ as well as apartments for rent and sale. New to the neighbourhood is the community of Alta Vista Ridge; a Theberge development of terrace townhomes.
With major transit hubs like St. Laurent Mall and the Elmvale shopping centre, residents can travel to different corners of Ottawa with ease. If you’re looking to travel outside of the city, the VIA Rail train station is a 10 to 15 minute drive away. A short commute by bus to the University of Ottawa makes this area convenient for students. Elmvale shopping centre, St. Laurent, Billings Bridge and Train Yards are located in and around this neighbourhood although Train Yards is not easily accessible by bus so you will need a car if you’re looking to shop there. The Riverside Hospital, the Ottawa Hospital and CHEO are in close proximity. Consequently you will find many medical practitioners living in the area. Schools servicing Elmvale Acres include: Arch Street public school Vincent Massey, Hillcrest McMaster Catholic Immaculata, St. Patrick Canterbury- a school well known for its art program. Located in Elmvale Acres is the newly renovated Canterbury Community Center which features a 25 metre five-lane pool.
Average price for a home in Elmvale Acres in 2014 was $358,216 and we saw this drop to $354,961 for 2015. In 2014 these were 101 home sales and in 2015 there were 106 sales, and homes here usually sell in around 48 days. Sellers' in this neighbourhood get 97.19% of their list price.