$4,117,000
For sale: Vacant Land

Approximately 53 acres forming the EAST half of the 105-acre Creekford Road Development Lands, offered together with the adjoining West parcel at 3243 Creekford Road (see companion listing).The lands are identified within the proposed Urban Boundary Expansion in the City of Kingston's Second Draft Official Plan, which plans for growth to 2051. The property sits on the south side of the emerging Creekford Corridor, close to Cataraqui Business Park, the Cataraqui Centre retail node, Highway 401 and the proposed Kingston Health & Life Sciences Innovation District. Kingston has steady housing demand from Queen's University, St. Lawrence College, CFB Kingston and the healthcare sector, and its supply of future serviced land is limited, which makes this a compelling long-term development or land-banking position. Listing excludes the owner's residence. Sale is subject to severance, and the area of the home to be severed is to be defined as a condition of sale.
Sold data
Homes in City Northwest took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 55, across 57 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $699,000.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 37% of sellers reduced their price before finding a buyer.
Based on 57 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kingston (City Northwest) has 38 Fraser Institute–rated schools (29 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$3,680,000
Vacant LandWEST CREEKFORD ROAD, 42 - City Northwest, Kingston

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Vacant Land485 DRUMMOND CONCESSION 1 ROAD, 903 - Drummond/North Elmsley (North Elmsley) Twp, Drummond/North Elmsley

$3,275,000
Vacant Land143 FORWARD & 140-144 HINCHEY AVENUE, 4201 - Mechanicsville, Ottawa

$3,495,000
Vacant Land6412 RENAUD ROAD, 2013 - Mer Bleue/Bradley Estates/Anderson Park, Ottawa

$5,000,000
Vacant Land1458 WALL ROAD, 1119 - Notting Hill/Summerside, Ottawa

$4,999,900
Vacant Land1730 WILHAVEN DRIVE, 1116 - Cumberland West, Ottawa

$4,295,000
Vacant Land75 SCOTCH VALLEY DRIVE, Rural King, King

$2,900,000
Vacant Land1570-1580 GOTH AVENUE, 2605 - Blossom Park/Kemp Park/Findlay Creek, Ottawa