$525,000
For sale: Vacant Land

RESIDENTIAL LOT & INFILL OPPORTUNITY NEAR BAYSHORE SHOPPING CENTRE, WITH CONVENIENT ACCESS TO CARLING AVENUE, RICHMOND ROAD AND PINECREST ROAD! Attention builders, developers, investors and custom-home buyers: explore the possibilities at 2918 Highfield Crescent, a 49.94 ft by 129.29 feet residential lot designated N3B under Ottawa's new zoning by-law. Situated on a mature crescent in an established west-end Ottawa neighbourhood, this property combines a residential setting with convenient access to shopping, transit and major transportation routes. Nearby Bayshore Shopping Centre offers shopping, dining and everyday essentials, while Carling Avenue and Pinecrest Road provide additional amenities and bus connections. The future O-Train extension serving Bayshore and Pinecrest will add further transit options. Highway 417 is a short drive away, providing connections to downtown Ottawa, Kanata and the surrounding west end. Schools, parks, groceries and local services contribute to the location's appeal for future homeowners and tenants. Previously prepared plans outline over 4,000 sq. ft. of combined living space, comprising a four-bedroom main residence with 3.5 bathrooms, second-floor laundry and a double garage, plus a separate lower-level suite with two bedrooms, an office, a full kitchen, one bathroom, laundry and walkout access. Explore this concept or investigate an alternative design suited to your objectives. Any development is subject to applicable zoning provisions, servicing requirements and municipal approvals.
Sold data
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 2,349 recorded sales in the last 90 days. 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

$397,777
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