$1,499,000
For sale: Vacant Land

Income today, redevelopment potential tomorrow. This 744 m (approx. 8,008 sq ft) site on Woodroffe Avenue combines a proven business with valuable mixed-use land in one of Nepean's fastest-evolving transit corridors. For over 60 years, the established auto body and Krown rustproofing and CAA centre on site has built a loyal base of returning customers, seeing approx. 50 vehicles a day during high season. Buy the business on its own, or secure the land, building and business together and collect income while you plan your next move. The property is zoned MC6 Mixed-Use Centre, which permits apartment, office, medical and mixed-use development. It has potential for approx. 16,000 sq ft of gross floor area (buyer to verify). It sits steps from Algonquin College's Woodroffe Campus and the future Algonquin O-Train Station, within an area the City is actively planning for growth. Neighbouring properties offer potential for a larger land assembly. The site has high traffic and outstanding exposure on a major arterial road. It's a rare opportunity for a builder, a long-term investor, or an operator ready to take over a trusted business.
Sold data
Vacant Land homes in Ottawa took a median of 57 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 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 114 days.
The median sale price was $419,900.
Homes sold for about 5.2% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 33 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.
Currently for sale

$990,000
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