$1,900,000
For sale: Vacant Land

PRIME DEVELOPMENT LAND....131ft of frontage directly on St. Joseph Blvd just west of Trim Rd in BOOMING ORLEANS. This hard to find piece of vacant land is zoned ILH(21) which offer many options for future development. An option available for interested Buyers: Full site plan approval for a six-storey medical/office building with two levels of underground parking allowing a purchaser to proceed directly to the building permit stage. This property provides flexibility for healthcare, professional, and institutional uses, including retail opportunities. LOCATION, LOCATION, LOCATION!!
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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.
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
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

$2,900,000
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