$399,900
For sale: Vacant Land

ATTENTION BUILDERS & DEVELOPERS: PRIME SEVERANCE & JV OPPORTUNITY IN BRITANNIA. Unlock the massive upside of this rare, high-potential parcel bridging Britannia Road and Rowatt Street! The seller is looking for an experienced, forward-thinking developer or Joint Venture (JV) partner to take the lead on severing this property into two premium lots. The existing home at 105 Britannia Rd will be retained, while a fantastic new lot will be created with a generous 16-meter frontage fronting on Rowatt Street.The seller is highly cooperative, open to creative ideas, and welcoming all offer structures/possibilities to bring this project to life. We have already engaged with City of Ottawa planners, who have provided a favorable preliminary review. The path forward is clear, with no immediate issues of concern that would prohibit the severance. Bring Your Vision All offers are conditional on severence. All details regarding future lot lines, dimensions, and development potential are preliminary and subject to final severance completion. Buyer is responsible for independent due diligence regarding the severance, municipal service extensions from Britannia, environmental studies, and verifying all permitted uses/build options.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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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