How much does a house cost in Elmvale?

The median sold price in Elmvale, Springwater over the last 12 months was $605,000, across 17 sales. By home type: detached $755,000, semi-detached $605,000 and condo $447,500.

Is Elmvale expensive compared to the rest of Springwater?

Elmvale is the most affordable of the 8 Springwater neighbourhoods with recorded sales by median sold price, at $605,000. The ranking covers every Springwater neighbourhood with recorded sales in the last 12 months.

How competitive is the Elmvale housing market?

Homes in Elmvale sold in a median of 86 days on market, slower than the 83-day Springwater median, closing at an average of 97% of the asking price. Homes here generally close at or below asking.

Do you need a car to live in Elmvale?

Elmvale scores 2 out of 100 for walkability, 0 for transit and 2 for cycling. A car is close to essential here. Scores are computed from the amenities and transit stops within one kilometre.

How much of a Down Payment Boost could I get in Elmvale?

Zown shares its commission with buyers, up to $25,000, paid at closing. At Elmvale's median sold price of $605,000, a Zown Complete boost works out to about $7,563 (1.25% of the price). Your amount depends on the home you buy and the commission offered on it.

Elmvale, Springwater Neighbourhood Guide

Elmvale is the most affordable of the 8 Springwater neighbourhoods with recorded sales, with a median sold price of $605,000 over the last 12 months. 50% of what is for sale here is townhouses. 31 homes are for sale on Zown today.

Elmvale at a glance

Median sold price: $605,000 over the last 12 months, the most affordable of the 8 Springwater neighbourhoods with recorded sales
How fast it sells: a median of 86 days on market, slower than the 83-day Springwater median, at 97% of asking
What you can buy: 50% of listings here are townhouses, 31 on the market today
Getting around: Walk score 2 and transit score 0 out of 100
What not to expect: Thin transit. Most trips here are by car.
Your Down Payment Boost: About $7,563 at this neighbourhood's median price, paid at closing

Over the last 12 months 17 homes sold in Elmvale, at a median of $605,000. That makes it the most affordable of the 8 Springwater neighbourhoods with recorded sales. By home type that is detached at $755,000, semi-detached at $605,000 and condo at $447,500. Sales closed in a median of 86 days on market, slower than the 83-day Springwater median, at 97% of the asking price.

What comes up for sale here is mostly townhouses (50%), detached houses (43%) and multiplexes (3%). 31 homes are on the market in Elmvale right now.

Elmvale scores 2 out of 100 for walkability, 0 for transit and 0 for parks.

How much does it cost to buy in Elmvale?

Median sold price by home type over the last 12 months, next to the same figure for Springwater.

Detached

$755,000

17% below the Springwater median

Semi-detached

$605,000

6% below the Springwater median

Condo

$447,500

in line with the Springwater median

How the Elmvale market moves

Pace and competition over the last 12 months, next to the same figures across the city.

Days on market: 86
Sold vs asking: 97%
Homes sold: 17

What you can buy in Elmvale

The 31 homes on the market today, by type.

Townhouses15 (50%)
Detached houses13 (43%)
Multiplexes1 (3%)
Semi-detached houses1 (3%)

Elmvale price trend

Median sold price each month in Elmvale against Springwater, over the last 12 months.

What your Down Payment Boost is worth in Elmvale

Zown is a brokerage, so we earn a commission on the home you buy and give up to 1.25% of the price back to you, up to $25,000, paid at closing.

Home type	Median sold price	Estimated boost
Detached	$755,000	$9,438
Semi-detached	$605,000	$7,563
Condo	$447,500	$5,594

Estimates only. Your boost depends on the home you buy and the commission offered on it, and it is paid at closing. It adds to your overall savings and is most often used for closing costs.

Run your numbers

Where Elmvale is

Centred on the homes currently for sale in Elmvale.

Getting around Elmvale

Scores out of 100, computed from the amenities and transit stops within one kilometre of each home.

Walkable

2/100

Transit

0/100

Cycling

2/100

Restaurants

3/100

Shopping

1/100

Parks

0/100

Schools nearby

1/100

Quiet

98/100

Frequently asked questions

Explore other neighbourhoods in Springwater

All Springwater neighbourhoods

Homes for sale in Elmvale

Sources

Prices, sales and listing counts refresh daily from the MLS. Last updated October 4, 2026.