$649,999
For sale: Vacant Land

Prime Residential Development Opportunity on Carp Road! An exceptional opportunity to acquire a vacant residential development parcel in an established and growing west-end corridor. Located along the highly visible Carp Road corridor, 1200 Carp Road offers approximately 20,429.88 sq. ft. of land with a deep lot configuration and valuable frontage. Under the new zoning framework, the development concept may accommodate a mix of townhomes, stacked townhomes, and/or a low-rise apartment building, subject to applicable approvals, servicing, planning requirements, and the buyer's intended development vision. An excellent opportunity for builders, developers, and investors seeking a strategically located parcel with residential intensification potential, strong road presence, and possible future land assembly opportunities. Residential opportunity to build 43 units when combining 1194 & 1200 Carp. X13792632. 24 hours irrevocable on all offers.
Sold data
Vacant Land homes in Ottawa took a median of 84 days to sell over the last 90 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 130, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.
The median sale price was $399,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 31 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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