2831 BANK STREET, Ottawa

$900,000

For sale: Vacant Land

Vacant Land at 2831 BANK STREET, Ottawa
Property type
Vacant Land
Living area
1,100 sqft
MLS®
MLS® X14118428
Neighbourhood
2606 - Blossom Park/Leitrim

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 — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.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.

Median days to sell
24
Median sale price
$549,000
Sale-to-list ratio
97.5%
Sold above asking
8%

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

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 2831 BANK STREET