$250,000
For sale: Vacant Land

Rare opportunity to acquire a large, deep residential building lot in the heart of the charming Village of Richmond. Ideally situated just off Perth Street in a mature, well-established neighborhood this property offers an excellent setting for your future custom home. Enjoy the convenience of being within walking distance to schools, parks, shopping, recreation facilities, and other local amenities. With its generous size and desirable location, this lot presents a unique chance to build in one of Richmond's most sought-after residential communities. Easy access to Ottawa and surrounding areas makes this an ideal location for families, professionals, and retirees alike.
Sold data
Homes in Richmond took a median of 18 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 44, across 69 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 22 days.
The median sale price was $679,900.
Homes sold for about 1.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 69 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.
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