1198 ARBUSTE AVENUE, Ottawa

$619,900

For sale: Vacant Land

Vacant Land at 1198 ARBUSTE AVENUE, Ottawa
Property type
Vacant Land
MLS®
MLS® X13109330
Neighbourhood
1115 - Cumberland Ridge

Dream Estate Lot - Rare Opportunity in Prestigious Cumberland Community. Welcome to 1198 Arbuste / Sequoia (to be confirmed with the City) - a premium 2-acre estate corner lot offering one of the last opportunities to build in this sought-after private rural community just minutes from Ottawa. This cleared, build-ready RR1 zoned property offers an exceptional setting for a custom estate home surrounded by luxury residences valued at $1.5M+.Key features include: 2-acre corner estate lot with excellent exposure Zoned RR1 (Residential Rural) Hydro and telecom available Cable/internet available in area Private well required (buyer responsibility) Septic required (buyer responsibility) Quiet estate community setting Quick access to Highway 174 and Ottawa amenities Surrounded by custom homes in a highly desirable enclave. Enjoy the privacy and space of rural estate living while remaining minutes from the city. Concept renderings are for inspiration only and subject to buyer design and municipal approvals. Private buyers, families, and custom builders are welcome. *For Additional Property Details Click The Brochure Icon Below*

Sold data

Homes in Cumberland Ridge — recent sold market

Homes in Cumberland Ridge took a median of 22 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 52, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.

The median sale price was $1,095,000.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$1,095,000
Sale-to-list ratio
97.2%
Sold above asking
8%

Based on 36 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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 1198 ARBUSTE AVENUE