$349,000
For sale: Vacant Land

Discover a rare opportunity at 2723 Rowatt Street in one of Ottawa's most remarkable west-end settings. Currently in the process of severance with 2725 Rowatt Street, this property is proposed to offer a lot size of approximately 31.5 x 131.9 feet, while 2723 Rowatt is proposed at approximately 33.7 x 131.9 feet. The severance has been approved but is not yet fully completed, creating added flexibility for a buyer looking to secure a valuable piece of land with exciting future possibilities. Any reference to future lot configuration, addresses, dimensions, or development potential is subject to final severance approval and completion. Buyer to conduct their own due diligence regarding the severance and to independently verify permitted uses and what may be built on the property.What makes this offering especially compelling is its exceptional development potential. Each future lot presents the opportunity for a triplex-style build with rear parking and a coach house above, allowing for the potential of four units per property. Alternatively, this site offers the chance to explore a custom home in a location that is truly hard to replicate.Set beside Mud Lake, backing onto NCC land, and just minutes from the Ottawa River and Britannia Yacht Club, the surroundings are what make this property stand out. Enjoy nearby trails, water access, and green space, all while remaining close to everyday amenities.This is more than just land. It is a chance to create something special in a location people already know and love. Opportunities like this are rare.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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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