$550,000
For sale: Detached

DEVELOPMENT / REDEVELOPMENT OPPORTUNITY ON ST. JOSEPH BLVD! Approx. 13,920 sq. ft. lot with approximately 87' frontage 160' depth, ideally positioned along the St. Joseph Boulevard corridor in Orléans. The City has identified the corridor for long-term revitalization and intensification, offering an opportunity for developers and investors to explore future redevelopment potential, subject to approvals and due diligence.Currently improved with a detached dwelling, the property features mature trees and elevated topography. R1HH zoning. Excellent opportunity to secure a sizable parcel on a rapidly evolving east-end corridor.
Sold data
Homes in Fallingbrook Ridgemount took a median of 19 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 35, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 25 days.
The median sale price was $693,000.
Homes sold for about 1.5% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 65 recorded sales in the last 1 year — 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

$619,000
Detached1691 HUNTERS RUN DRIVE, 2009 - Chapel Hill, Ottawa

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