$1,100,000
For sale: Vacant Land

Set on an oversized lot in a highly desirable established neighbourhood, this 1951 home offers outstanding redevelopment potential. Properties with this combination of location, lot size and future development potential are increasingly difficult to find. The existing home features 3 bedrooms and 1 bathroom and has been well cared for over the years, making it ideal as a rental property while future development plans are explored. With its generous lot size and prime location the property presents a rare chance to secure land in an area with tremendous long-term upside. Don't miss your chance to invest in a property that offers value today and exciting possiblities tomorrow.
Sold data
Vacant Land homes in Ottawa took a median of 70 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 128, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 120 days.
The median sale price was $397,000.
Homes sold for about 5.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 30 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
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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