$1,500,000
For sale: Vacant Land

Fantastic opportunity for investors and developers to acquire a very prime parcel of land in the vibrant community of Westboro! Zoned Minor Corridor Zone 1 (CM1[128]), this opportunity allows for a custom build / design within one of the city's most vibrant, artistic and thriving "live-work-play" communities which now includes other popular nodes such as Westboro Village, Westboro Beach, Golden Manor, Dovercourt, Hampton Court, and Wellington West. Fronting Churchill Avenue North and corner of Byron Avenue, this area is rip for a new residential and commercial mixed-use infill project. Take full advantage of Westboro's exciting "15 minute neighbourhood" initiative where residents and business owners access a wide array shopping convenience and public transit right at their doorstep! Westboro is urban living at its best with a perfect mix of restaurants, shops, cafes, art studios, homes, dog parks, recreational facilities, and professional service businesses nestled alongside the community's beautiful landscape that includes the Ottawa River, Westboro beach, and its many walking and cycling trails.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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

$1,599,000
Vacant Land875 RICHMOND ROAD, 5101 - Woodroffe, Ottawa

$1,600,000
Vacant Land3361 MARCH [1950 CORKERY RD, 9103 - Huntley Ward (North West), Ottawa

$1,610,000
Vacant Land00 MILTON STEWART AVENUE, 551 - Mcnab/Braeside Twps, McNab/Braeside

$1,696,000
Multiplex475 MACLAREN STREET, 4103 - Ottawa Centre, Ottawa

$1,700,000
Multiplex314 SOMERSET STREET E, 4004 - Sandy Hill, Ottawa

$1,499,900
Multiplex1675 DUNNING ROAD, 1116 - Cumberland West, Ottawa

$1,900,000
Other843-839 SOMERSET STREET W, 4204 - West Centre Town, Ottawa

$1,899,999
Multiplex118 ROCHESTER STREET, 4204 - West Centre Town, Ottawa