The Golden Triangle Real Estate Market Report

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Related Pages: Golden Triangle Homes for Sale - All Central Area homes for sale

Main Housing Stats for Golden Triangle, Last 90 days till July 29th 2020: The average house price in July 2020 was $782,993, a increase of 25% over July 2019. There were 14 home sales in Golden Triangle versus 15 last year and It took an average of 20 days for homes to sell versus 27 days last year.

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History of Golden Triangle Home Sales & Average Prices

The table below shows you the historical prices for Golden Triangle going back as far as 2000, with the percent change each year.

Year # Sales Average Price % Change
2000 53 $234,449 11.6%
2001 38 $291,303 24.5%
2002 56 $303,034 4.0%
2003 49 $343,278 13.2%
2004 40 $328,647 4.2%
2005 51 $382,501 16.3%
2006 54 $396,152 3.5%
2007 53 $458,109 15.6%
2008 51 $449,491 -1.8%
2009 47 $448,562 -0.2%
2010 54 $469,169 4.5%
2011 41 $496,632 5.8%
2012 45 $449,722 -9.4%
2013 48 $527,411 17.2%
2014 58 $455,932 -13.5%
2015 39 $506,919 11.1%
2016 60 $539,847 6.4%
2017 57 $501,076 -7.1%
2018 51 $654,664 30.9%
2019 49 $585,918 -10.5

About the Golden Triangle

Right next to Centretown, the Golden Triangle is located in a small triangle-shaped pocket in the South-East area of downtown, and runs along the Canal and Elgin Street. There are some very large older homes as well as a bunch of condos to choose from here. There is a mix of new condominiums, smaller apartment buildings and residential homes in the Golden Triangle. This area is well serviced with public transportation, with OC Transpo buses that run along Elgin Street.

The addition of the LRT Downtown West and East underground stations will make commuting to different parts of the city hassle-free for residents. For students and those who work in the downtown core, the Corkstown footbridge is an easy way to get to and from work/University by walking or biking. It gets noisy in the evenings if you live off of or close to Elgin Street due to the bars, pubs and nightclubs. Ottawa’s main police station is located at the south end of Elgin. Police can be found patrolling the area.

Current Stats, Golden Triangle

Below are the live stats, using Currently Listed Properties. DOM is Days on Market!

Active Properties
Address Beds Baths List Price DOM
141 Somerset Street W Unit#704 2 2 $349,500 8 days
147 Mcleod Street 4 3 $875,000 8 days
110 Cartier Street 9 3 $849,900 11 days
20 The Driveway Avenue Unit#406 2 2 $1,099,900 23 days
20 The Driveway Avenue Unit#801 2 2 $799,900 34 days
39 Argyle Avenue 5 4 $999,000 34 days
Average: 4.0 2.7 $828,866 20 days
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