1491 STITTSVILLE MAIN STREET, Ottawa

$1,299,000

For sale: Vacant Land

Vacant Land at 1491 STITTSVILLE MAIN STREET, Ottawa
Property type
Land
MLS®
MLS® X13098856
Neighbourhood
8202 - Stittsville (Central)

Attention Developers & Investors - Rare Shovel-Ready Opportunity In The Heart Of Stittsville. Exceptional Chance To Acquire A Fully Approved, Permit-Ready Mixed-Use Development Site At 1491 Stittsville Main Street. Situated On Approximately 0.40 Acres, This Prime Property Comes With All Approvals In Place For Immediate Construction Of A Five-Storey Mixed-Use Building. Approved Plans Feature 18 Residential Units (7 One-Bedroom, 8 Two-Bedroom, 3 One-Bedroom + Den), 2 Ground-Floor Commercial Units, 34 Parking Spaces Including Residential, Visitor & Retail Parking, 11 Bicycle Spaces, And 18 Storage Lockers. Zoned TM9[465]H(15)-H And TM9[2272]H(15), Permitting A Wide Range Of Residential And Commercial Uses. Located Within Ottawa-Carleton Common Elements Condominium Corporation No. 1030 With Monthly Common Element Fees Of $1,740.40. Strategically Positioned Along A High-Exposure Main Corridor In One Of Ottawa's Fastest-Growing Communities, Offering Excellent Visibility, Strong Traffic Counts, Walkability, And Convenient Access To Transit, Retail, Schools, And Major Amenities. With Continued Population Growth, Increasing Rental Demand, And Limited Housing Supply Across Ottawa, This Fully Approved Development Site Presents A Rare Turnkey Opportunity For Builders And Investors Seeking Immediate Project Execution In A High-Growth Market.

Sold data

Vacant Land homes in Ottawa — recent sold market

Vacant Land homes in Ottawa took a median of 70 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 128, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 120 days.

The median sale price was $397,000.

Homes sold for about 5.2% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
71
Median sale price
$397,000
Sale-to-list ratio
94.8%
Sold above asking
10%

Based on 30 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

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 1491 STITTSVILLE MAIN STREET