$5,000,000
For sale: Vacant Land

10 Acres of Light Industrial Development Land Available in rapidly growing West End Ottawa: On Moodie Drive close to Highway 416/Brophy Drive interchange. Offered subject to severance and rezoning by Seller at Seller's expense, subject to municipal approval. Proposed light industrial uses include Industrial Outdoor Storage (IOS), staging/contractor yards, equipment storage, parking, coverall buildings, workshops, sea-can storage and related commercial-industrial uses. Approximately 460 feet of frontage on Moodie Drive with excellent visibility and access to Highways 416, 417 and 7. Amazon's Barrhaven fulfillment centre is approximately 11 minutes away. Hydro available on-site. Potential for phased development with yard operations first and buildings added later. Buyer may be permitted to commence planning, engineering, environmental and site plan work during the approval process, subject to Seller approval. Rare opportunity to acquire a substantial industrial development parcel in one of Ottawa's strongest growth corridors. Ottawa's industrial market remains one of the tightest in Canada, with vacancy rates reported between approximately 2.5% and 4.4% and limited availability of functional industrial space. Industry reports indicate that a shortage of industrial land and owner-user opportunities continues to support strong demand throughout the National Capital Region. One of the few large-format industrial development opportunities in Ottawa's west end. Excellent proximity to Nepean, Ottawa, Kanata, Stittsville, Barrhaven and Eastern Ontario. Rare opportunity for owner-users seeking to control occupancy costs through ownership rather than leasing. Growing demand for Industrial Outdoor Storage (IOS), staging/contractor yards and equipment parking plus storage facilities.
Sold data
Homes in Ottawa took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 50, across 2,349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $644,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 2,349 recorded sales in the last 90 days. 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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