119 FIELDROW STREET, Ottawa
$899,900
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 5 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® X13810390
- Neighbourhood
- 7302 - Meadowlands/Crestview
PRICED FOR LAND VALUE - EXCEPTIONAL DEVELOPMENT POTENTIAL! CORNER LOT! (125.46 feet by 77.49 feet). An outstanding opportunity for builders, developers and investors to capitalize on a property offering exciting future possibilities under N2E zoning. The value here is in the LAND and its redevelopment potential. Under the City of Ottawa's new zoning framework, N2 - Neighbourhood Zone 2 provides increased residential development flexibility, permitting a density of up to 1.5 dwelling units per 100 m of lot area, to a maximum of 6 dwelling units per building, subject to lot dimensions, servicing, setbacks and all applicable City requirements. The "E" subzone reflects a more suburban development pattern, including an 18-metre minimum lot width and 6-metre minimum front-yard setback. This creates an exciting opportunity to explore a variety of redevelopment concepts and residential configurations, making this an attractive land acquisition for those looking toward future intensification and long-term value. Buyers are encouraged to complete their own due diligence with the City of Ottawa regarding their intended development plans. The property is currently improved with a detached bungalow that is tenant-occupied, providing existing rental income while a purchaser explores future development opportunities. A property to buy for today, but with an eye firmly on tomorrow - LAND VALUE, INCOME and DEVELOPMENT POTENTIAL all in one! Current rental income is $4295/month and viewing will only be allowed upon acceptance of an offer since being sold for LAND POTENTIAL!
Sold data
Homes in Ottawa — recent sold market
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 26
- Median sale price
- $644,900
- Sale-to-list ratio
- 97.9%
- Sold above asking
- 10%
Based on 2,349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 119 FIELDROW STREET
$765,000
Detached5+221,500–2,000 sqft65 DAVID DRIVE, 7301 - Meadowlands/St. Claire Gardens, Ottawa
$774,900
Detached5+221,100–1,500 sqft2161 RUSHTON ROAD, 5201 - McKellar Heights/Glabar Park, Ottawa
$679,900
Detached31700–1,100 sqft20 CRAMER DRIVE, 7603 - Sheahan Estates/Trend Village, Ottawa
$899,900
Detached5+231,100–1,500 sqft2149 DUBLIN AVENUE, 5401 - Bel Air Park, Ottawa
$774,900
Detached311,100–1,500 sqft31 WESTMOUNT AVENUE, 4203 - Hintonburg, Ottawa
$849,900
Detached421,100–1,500 sqft21 GARRISON STREET, 4302 - Ottawa West, Ottawa
$675,000
Detached3+121,100–1,500 sqft929 MERIVALE ROAD, 5302 - Carlington, Ottawa
$699,000
Detached31700–1,100 sqft9 GENEVA STREET, 4303 - Ottawa West, Ottawa