$649,000
For sale: Detached

SIGNIFICANT PRICE REDUCTION - Rare 6-acre opportunity in the established and growing community of Greely. With substantial frontage on White Oak Drive and a prime location within a desirable rural-residential setting, this property presents exceptional potential for investors, land bankers, builders, and buyers seeking a strategic long-term hold. The property is situated in an area influenced by the Greely Secondary Plan, with future connectivity and growth considerations in the broader vicinity, making this a compelling opportunity for those exploring future possibilities. Existing home on site offers interim utility while evaluating long-term plans. Now substantially repositioned in price, this is a standout opportunity to acquire a large landholding in a sought-after area at a significantly improved value. Buyers are to conduct their own due diligence with respect to zoning, servicing, road allowances, development potential, subdivision possibilities, and all municipal approvals.
Sold data
Detached homes in Ottawa took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 1,099 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $839,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,099 recorded sales in the last 90 days. 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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