290 BOOTH STREET, Ottawa

$3,000,000

For sale: Vacant Land

Vacant Land at 290 BOOTH STREET, Ottawa
Property type
Land
MLS®
MLS® X13491836
Neighbourhood
4204 - West Centre Town

Exceptional development opportunity offering outstanding redevelopment potential in the heart of Ottawa. This 9,827 sq. ft. corner lot is zoned Traditional Mainstreet (TM), permitting a wide range of commercial and residential uses. Historical planning work for the property included a proposed 7-storey mixed-use development featuring commercial space at grade with residential units above, together with a previously approved minor variance permitting a building height of 21.9 metres. Supporting planning, environmental, geotechnical, and engineering reports are available for review, providing purchasers with valuable background information as they evaluate the site's future development potential. Strategically located at the prominent intersection of Booth Street and Somerset Street West, the property is just minutes from Little Italy, Hintonburg, LeBreton Flats, and Downtown Ottawa, and only a short walk to the Pimisi LRT Station. Surrounded by significant residential intensification, employment, restaurants, and amenities, this is a prime opportunity to acquire a high-profile urban development site in one of Ottawa's most desirable growth corridors.

Sold data

Vacant Land homes in Ottawa — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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.

Median days to sell
84
Median sale price
$399,000
Sale-to-list ratio
94.3%
Sold above asking
3%

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

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 290 BOOTH STREET