24. January 2011 09:45
Sandy Hill is located to the east of downtown Ottawa, nestled between the Rideau Canal and the Rideau River. It is named after the hills that are predominant to the area which are caused by the river and the sandy soil. The University of Ottawa calls Sandy Hill home as does many of the Embassies in the region.
During the 19th and 20th centuries, Sandy Hill was Ottawa’s wealthiest neighbourhood. It became home to the senior public servants when Ottawa became the capital of Canada. Rockcliffe Park took over as the wealthiest area with the invention of automobiles making the city centre more accessible. In the 1960’s the area became much denser and more middle class. Many of the mansions became embassies and the growth of the University brought in many more students. With this, the demographics can change on every street in Sandy Hill. There are many very expensive homes near the Rideau River where it is very much student housing near the school. There is also a very healthy mix of English and French with large communities from Somalia, Lebanon and Haiti. There are plenty of investment opportunities in Sandy Hill with it being a favourite location for students.
The average sale price in 2010 is $535,624 while detached homes sold for an average of $623,665.
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