Westmount Real Estate Statistics

Average Price $523K
Lowest Price $12K
Highest Price $30M
Total Listings 8,753
Avg. Price/SQFT $328

Community statistics are calculated by Real Estate Webmasters and are for illustration purposes only, accuracy is not guaranteed.

Property Types (active listings)

Listings in Westmount Edmonton

Westmount, derived from an affluent, primarily Anglophone city on Montreal's west island, is the neighborhood where Malcolm Groat established his farm in 1878. Groat was an early Edmonton pioneer and a Hudson Bay Company employee who remained one of Edmonton's leading citizens through the turn of the century, owning a square mile of land along the North Saskatchewan River, just west of the Hudson Bay Reserve. In two stages, the Groat homestead was annexed to Edmonton, the first in 1904 and the second in 1910. As the demand for residential lots grew, he eventually sold his land to developers. Despite Edmonton's general oversupply of residential sites, Westmount grew quickly due to its proximity to the city center. The introduction of an electric streetcar line to downtown in 1910 improved access even more, and commercial space grew beside the route on 124 Street. Westmount, particularly the portion abutting the Groat Ravine, developed a reputation as a desirable residential neighborhood for the wealthy and professional. While the majority of low-density residential structures were constructed prior to 1950, apartment construction is now accounting for around half of all dwelling units today that are typically found near 124 Street or other main thoroughfares. Several old homes have been preserved throughout the residential streets, despite substantial refurbishment and infill building. In the 2000s, public and private initiatives to enhance the 124 Street shopping district and adopt heritage preservation criteria were launched to help conserve the neighborhood's charm.