$550,000
For sale: Detached

An exceptional opportunity to acquire approximately 4.12 acres with ME3[481r]-h zoning along Old Prescott Road. With approximately 531 feet of frontage and 337 feet of depth, this substantial parcel offers a rare combination of size, frontage and a distinctive land-use designation, making the property particularly appealing to buyers focused on the underlying land and its potential uses.The property is currently improved with an existing detached home and barn; however, the primary value is considered to be in the land. Both structures are being sold in "as is, where is" condition, with no representations or warranties.Conveniently located in Greely with access to the surrounding rural community and Ottawa.
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 48, across 1,119 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $839,900.
Homes sold for about 2.0% 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 1,119 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.
Currently for sale

$605,000
Detached517 BUTLER ROAD, 607 - Clarence/Rockland Twp, Clarence-Rockland

$695,000
Detached1393 SUTHERLAND DRIVE, 8004 - Manotick South to Roger Stevens, Ottawa

$679,900
Detached989 CAHILL DRIVE W, 4803 - Hunt Club/Western Community, Ottawa

$629,000
Detached337 AMIENS STREET, 1102 - Bilberry Creek/Queenswood Heights, Ottawa

$779,900
Detached1954 FARISITA DRIVE, 1112 - Vars Village, Ottawa

$479,900
Detached2706 ROSS AVENUE, 717 - Cornwall, Cornwall

$469,000
Detached2966 HIGHWAY 511 ROAD, 919 - Lanark Highlands (Lanark Village), Lanark Highlands

$799,000
Detached325 SUMMIT AVENUE, 3606 - Alta Vista/Faircrest Heights, Ottawa