Main Housing Stats for New Edinburgh and Lindenlea, Last 90 days till August 19th 2020: The average house price in August 2020 was $745,145, an increase of 13% over August 2019. There were 20 home sales in New Edinburgh and Lindenlea versus 32 last year and It took an average of 27 days for homes to sell versus 72 days last year.
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Historical Sold Home Prices in New Edinburgh & Lindenlea
The table below shows you the historical prices for New Edinburgh going back till 2000, with the percent change in price each year
|Year||# Sales||Average Price||% Change|
New Edinburgh has a population of approximately 3,000 people. It is considered to be a more affluent neighbourhood. This quieter neighbourhood is made up of residential detached, town homes, and smaller apartment buildings with larger condominium buildings currently under construction. The Governor General lives here in Rideau Hall and Prime Minister of Canada resides here as well at 24 Sussex Drive. Currently the prime minister is not living in 24 Sussex as the home requires millions of dollars in renovations. There are a number of embassies throughout the neighbourhood as well.
The New Edinburgh Pub is a local institution, even if it is actually located in Lindenlea just a few blocks south of New Edinburgh. It is located on the Beechwood strip that is home to shopping and trendy restaurants. Bordering New Edinburgh to the north is the Sussex Dr which turns into Rockcliffe Parkway which is a scenic route along the Ottawa River. A two minute drive across the St. Patrick Bridge will bring you to Lower Town and the Byward market where you can enjoy shopping, restaurants and Ottawa’s nightlife. With 5 elementary schools and 2 high schools, including private and world IB schools Elmwood School and Ashbury College, it’s well serviced for educational needs.
Current Real Estate Statistics in New Edinburgh Area
Stats below use the data from all current listings