$900,000
For sale: Vacant Land

Development opportunity at 2831 Bank Street! This approximately 10,430 sq. ft. corner lot offers excellent exposure along a major Ottawa corridor. With new N4B zoning, the property presents exciting redevelopment potential, while the corner configuration provides added street frontage and flexibility for future site planning. The existing house is currently rented, providing rental income while you develop your plans and pursue approvals. A great opportunity for builders, developers and investors.
Sold data
Homes in Blossom Park Leitrim took a median of 24 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $549,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 38 recorded sales in the last 2 years — 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.
Currently for sale

$715,000
Vacant Land801 WALKLEY ROAD, 4605 - Riverside Park, Ottawa

$1,250,000
Vacant Land00000 CARACOURT DRIVE, 1604 - Vernon, Ottawa

$1,199,999
Vacant Land3044 UPPER OTTERSON PLACE, 4608 - Mooneys Bay/Revelstoke, Ottawa

$1,199,000
Vacant Land0 ARMITAGE AVENUE, 9304 - Dunrobin Shores, Ottawa

$1,200,000
Vacant Land00 HIGHWAY 17 HIGHWAY, 610 - Alfred and Plantagenet Twp, Alfred and Plantagenet

$1,149,900
Vacant Land11 SHERBROOKE AVENUE, 4203 - Hintonburg, Ottawa

$999,000
Vacant Land34 CEDARHILL DRIVE, 7806 - Cedar Hill/Orchard Estates, Ottawa

$670,000
Vacant Land3251 PADEN ROAD, 8008 - Rideau Twp S of Reg Rd 6 W of Mccordick Rd., Ottawa