$899,000
For sale: Vacant Land

*Email for more photos* RARE STITTSVILLE DEVELOPMENT & LAND-BANKING OPPORTUNITY! An exceptional 0.445-ACRE property WITHIN THE CITY offering approx. 149.2 FT OF FRONTAGE x 99.9 FT DEPTH and an impressive approx. 179 FT WIDTH across the rear-a remarkably wide parcel with exciting future possibilities. Located in established Stittsville, this unique property offers appeal to BUILDERS, DEVELOPERS, INVESTORS and long-term land holders. With approx. 149.2 feet of frontage, there's potential for severance into THREE approx. 49.2-FT-WIDE LOTS, Current N1D zoning and Bill 23 provisions permitting up to 3 residential units on each fully serviced residential lot creates compelling redevelopment potential. (9 units total). Even better-HOLD THE LAND WHILE IT GENERATES INCOME! The existing detached home is currently rented for approx. $2,800/MONTH, 3 bedroom - 1 bath house - basement part finished. This helps offset carrying costs while planning for redevelopment. The LOCATION adds another layer of value: close to Stittsville Main Street shops, cafés, restaurants and services, Hazeldean Road shopping, transit and major commuter routes. Outdoor recreation is nearby with the Trans Canada Trail, Alexander Grove Park, Village Square Park and neighbourhood pathways and greenspaces. Families will appreciate access to Guardian Angels Elementary, Sacred Heart High School, Holy Spirit Elementary, Stittsville Public School, A. Lorne Cassidy Elementary and other public, Catholic, English and French options. This is more than a home-it is LAND, INCOME and FUTURE DEVELOPMENT POTENTIAL in one of Ottawa's most established suburban communities. Opportunities to acquire an almost HALF-ACRE CITY LOT with approx. 149 FT OF FRONTAGE are increasingly hard to find. DEVELOP NOW. HOLD FOR THE FUTURE. COLLECT RENT WHILE YOU PLAN.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 120 days.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.
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