• Population (2012): 4194
• Density: 3355 people/km² (not very dense)
Homes in Ritchie
• Average Asking Price (2012): $377,000
• Asking Price Range (2012): $164,900 to $769,800
• Average Home Size (Approx): 1120 ft²
• Size Range (Approx): 580 ft² to 1550 ft²
Courtesy of Brett Loree of
Century 21 Bamber Realty Ltd
Status:
Active
MLS® Num:
E4316072
Bedrooms:
1
Bathrooms:
1
Floor Area:
636 sq. ft.59 m2
Second floor unit in the desirable community of Ritchie. Very spacious unit with many upgrades that include fresh paint, new light fixtures and newer windows. A functional layout featuring hardwood flooring, in-suite laundry and in-suite storage. The galley kitchen flows into the dining area. Enjoy the bright and light living room in this south facing unit. Large bedroom and newer full bathroom complete this condo. Assigned parking is at the back of the building in the freshly paved lot. AMAZING LOCATION for that URBAN LIFESTYLE with PUBLIC TRANSIT outside your front door, near shopping, restaurants, and farmers markets along Whyte Ave, and just a few blocks to Mill Creek Ravine and adorable wine bars. Short trip will get you downtown or to the UofA, McEwan, and NAIT. Perfect for first time buyers or rental potential with phenomenal cash flow at this price point. Some photos are virtually staged.More details
Courtesy of Jody A Lambertus of
Century 21 Masters
Status:
Active
MLS® Num:
E4327394
Bedrooms:
1
Bathrooms:
1
Floor Area:
681 sq. ft.63 m2
Executive Penthouse in Scona Gardens! This top floor unit boasts a contemporary floor plan with 12 & 14 FT ceilings, crown molding and granite counters throughout. The lovely kitchen overlooks the dining area and features a 4 person breakfast bar, espresso maple cabinets, lrg pantry and stainless steel appliances that include a stove, built in microwave w hood fan, fridge & dishwasher. Cozy electric fireplace in the living room, an East facing balcony with courtyard views and a gas bbq outlet. SPACIOUS MASTER BDRM features a walk through wardrobe and private entrance to the 4 pc bathroom. In-suite washer/dryer, air conditioning, titled underground parking w storage space. Building is soundproofed and amenities include an exercise room, social room, guest suite, heated underground visitor parking, car wash bay and a beautiful courtyard. Come check out this gorgeous condo today! Located only 5 blocks away from Whyte Ave, U of A and the Old Strathcona Farmer's Market.More details
Ground Floor Opportunity in King Edward Place! This immaculate two Bedroom, two Bath condo is very well located in the lovely community of Ritchie. You will be well situated to take advantage of what Old Stathcona has to offer. Whyte Ave, Farmers Market, University of Alberta, Mill Creek Ravine, Fine Dining, Downtown, Bike Paths, Kinsmen & quick access to our World Class River Valley & Trail system! This unit has seen numerous upgrades & features that include, Appliances, Flooring, Air Conditioning, Central Vacuum, Gas Fireplace, Three Season Patio Enclosure, Large Master with Walk-in Closet & Ensuite, In-Suite Laundry, Storage Locker, Covered Parking & more! If you are in the market for a New Home or a Fantastic Investment Opportunity look no further!More details
This beautiful 3rd floor apartment features soaring ceilings, tons of Windows, and Airconditioning! Walk in to a generous entrance with closet, insuite laundry and storage. Fully upgraded kitchen, quartz, stainless steel, pantry and eat up island! Living Room is open concept and has access to a good sized belcony lookign over courtyard/fountain. Spacious master bedroom, walk through closet and 4 peice bathroom accessible from master and hallway. Second bedroom is at the back of the condo away from the master, use as a guest room, nursery or home office! This unit also comes with an underground titled parking stall, a storage locker for larger items, central air!! Premium location, 85 WALK SCORE!! 91 BIKE SCORE!!! Steps to Roots on Whyte, shops, and Whyte Ave amenities. Beautiful bright and inviting condo with TONS of storage!! This building is impeccably maintained with a beautiful water feature in the courtyard entrance and a world-class fitness centre. Do not miss out on this opportunity!!More details
RENOVATED condo in the heart of Ritchie!! One block away from Whyte Avenue, direct bus route on 99th street, and 5min drive to the UofA. Walking distance of wonderful cafe's and shopping. 2 Bedroom, 2 bathroom, in suite laundry. Large primary suite with 4 piece ensuite, walk in closet and plenty of space for all your needs! Movable island in the kitchen gives so much more storage space. South facing balcony, open floor plan, quiet building with great neighbors, the ultimate location!More details
Ritchie & the Average Edmonton Hot Market Index (2012)
Amenities
• Accessibility Score: 16 homes per point of access (Decent).
• Parking: Very good
• Transit: 29 bus stops.
• Parks: 1 park within neighbourhood boundaries and direct access to Mill Creek Ravine.
Location & Description
Ritchie is a south side community in Edmonton that is in the Bonnie Doon/University Area. Ritchie is a large neighbourhood with a fairly high population. It is gaining popularity because of its location and affordability. Real estate in Ritchie is mostly houses and apartments built in a range of eras from pre-war and post-war time frames. However, there is a lot of infill properties now in Ritchie. People have been replacing older, smaller homes since the beginning of the neighbourhood. The rental rate in Ritchie is close to 50% because the houses are less expensive to buy and therefore the rent is often affordable. There are a few schools in Ritchie: Escuela Mill Creek (a Spanish immersion school) and École Joseph-Moreau (a French immersion Catholic school). Ritchie seems like a popular choice for first time buyers, real estate investors and people looking to upgrade to a large infill. The neighbourhood is an eclectic mix of old and new in a great part of Edmonton. For more, see my Ritchie Neighbourhood Profile. Ritchie is bounded by Whyte Avenue to the north, 72 Avenue to the south, the CP Irvine Railyard to the west and Mill Creek Ravine to the east.
Prices in Ritchie are still quite reasonable at $377,000 (asking) considering the average size of homes in the area and it’s very central location. Condominiums can be had for as little as $165,000 and luxury homes on the ravine can sell for 3/4 of a million dollars. Although many of the older homes will be quite small, the average size of the homes is over 1100 ft², which is really reasonable.
A bar graph showing when homes were constructed in Ritchie*
The majority of homes in Ritchie were built during the Post-war period – about 34%. Next most common are homes of the pre-war period at 17%. These homes will not likely survive much longer unless their owners have taken very good care of them as they are often smaller homes and often have brick foundations. 12% of the homes in Ritchie were built in the 60s and 10% in the 70s. There was a resurgence of construction in the late 1990s likely consisting of apartment construction.
A pie chart showing home types in the Ritchie neighbourhood*
Ritchie is actually a very diverse neighbourhood with residential, commercial and light industrial zoning. When it comes to residential types, most of Ritchie is houses, but there are a large number of low-rise apartments, too.
A pie chart showing how many homes are rented versus how many owned in Ritchie*
Ritchie, like Hazeldean to the south has a an almost 50/50 mix of renters and owners. Being on or near Whyte Avenue pretty much guarantees quite a few renters when it comes to Edmonton neighbourhoods, and Ritchie is not that far from the University, so there are quite a number of students in the area, as you would expect.
73 Ave Townhouses – 9551 73 Av
Creek Side – 7839 96 St
King Edward Place – 9926 80 Av (Adult Only)
Ravine Terrace – 9505 77 Av
Scona Station – 10116 80 Av
South Garden – 9725 82 Av
Strathcona Haven – 9905 81 Av
Ritchie has only 1 city park (named Ritchie Park – what else?), but most importantly it has direct access to Mill Creek Ravine with its network of trails:
Access & Parking
Access to Ritchie, is pretty good, although you can only get out to the north and south because of the ravine and the railyard. There are 16 entry/exit points for the neighbourhood, one for every 160 homes – not an uncommon access score for a University area neighbourhood.
Parking is decent in Ritchie except in areas where there is commercial and high-density residential development – it could get a little cramped in those areas. Besides that, there should be decent street parking with lots of alleyways and garages to keep some cars off the front streets.
Transit
There are 29 bus stops in Ritchie. That is a lot of bus stops – one for every 88 houses.
* Source: 2006 Census of Canada, Statistics Canada