$775,000
For sale: Vacant Land

An exceptional development opportunity in a prime location just steps from the Rideau Canal, Dow's Lake, Carleton University and convenient public transit. This approximately 40 x 90 ft lot offers N4B[1474] H(11) zoning and excellent potential in one of Ottawa's most desirable and well-connected neighbourhoods. A rare opportunity for builders, developers or investors looking to secure a well-located urban lot with strong redevelopment potential. Seller will remove the current structure.
Sold data
Vacant Land homes in Ottawa took a median of 70 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 128, across 30 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 120 days.
The median sale price was $397,000.
Homes sold for about 5.2% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 30 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.
Currently for sale

$775,000
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