348 RIVER ROAD, Ottawa
$1,499,900
For sale: Vacant Land
- Property type
- Vacant Land
- MLS®
- MLS® X13416724
- Neighbourhood
- 2601 - Cedardale
Incredible opportunity for waterfront luxury development. Located just minutes to the Ottawa Airport and approximately 20 minutes to downtown, this exceptional opportunity includes two parcels to be sold together - presenting outstanding potential for investors, developers, or those seeking to create a signature waterfront enclave.The first parcel is true waterfront - the crown jewel of the offering. With generous frontage and a serene natural setting, this lot offers the potential (subject to City of Ottawa approvals) to be divided into two premium lots. One side benefits from mature trees and parkland adjacency, while the other captures expansive water views - an increasingly rare find within city limits.The second parcel sits just behind and, based on preliminary due diligence, appears to offer the potential to be divided into three additional estate-sized lots. Combined, the total offering presents a potential opportunity for up to five lots (subject to approvals), making this a compelling small-scale development or luxury estate project. A truly unique opportunity to secure substantial waterfront land - ideal for builders, investors, or those looking to create something special in one of Ottawa's fastest-growing communities.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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 348 RIVER ROAD
$1,600,000
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