$939,000
For sale: Vacant Land

Prime west-end redevelopment opportunity steps to Britannia Beach, OC Transpo, Trans Canada Trail, the Ottawa River and surrounding greenspace. This 9,085 SF corner parcel offers approx. 110' of frontage on Grandeur Ave and 105' on Farrow Street, supporting varied site configuration. Now governed by Ottawa's adopted Zoning By-law 2026-50 (N3C), permitting expanded low-rise residential density with 11m maximum height. Potential redevelopment options include severance into two parcels, with potential for 8-9 unit multi-residential buildings on each lot (subject to approvals), or development of up to 5 attached homes. Semi-detached layouts with ADUs are also a consideration. Transit access and future LRT proximity nearby. Zoning overview and development scenarios available in the attached executive summary.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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.
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