280 PRESLAND ROAD, Ottawa

$999,900

For sale: Detached

Detached at 280 PRESLAND ROAD, Ottawa
Property type
Detached
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X12578916
Neighbourhood
3502 - Overbrook/Castle Heights

DEVELOPMENT OPPORTUNITY! A prime urban site for builders, investors or developers seeking a well-located property with significant future potential. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units - or, alternatively, build 10 units without requiring further site plan approval. Just five minutes from downtown Ottawa, this property offers excellent connectivity and everyday convenience in one of the best locations in the city! The LRT, VIA Rail, St. Laurent Shopping Centre, transit routes, parks and a wide range of amenities are all within walking distance. With quick access to Hwy 417 - only one exit from the downtown core - this location is ideal for multi-residential development or future redevelopment. A rare opportunity to secure land in a rapidly evolving part of the city. Property sold as-is, where-is.

Sold data

Detached homes in Ottawa — recent sold market

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 47, across 1,099 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $839,900.

Homes sold for about 1.9% 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.

Median days to sell
24
Median sale price
$839,900
Sale-to-list ratio
98.1%
Sold above asking
14%

Based on 1,099 recorded sales in the last 90 days. 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 280 PRESLAND ROAD