$1,400,000
For sale: Vacant Land

Exceptional redevelopment opportunity on Bank Street offering a rare chance to secure a high visibility land holding in one of Ottawa's evolving corridors. This vacant parcel presents outstanding potential for future residential, strategic development opportunities and the option for severance subject to buyer due diligence and municipal approvals. Positioned along a major arterial route with strong accessibility and exposure to Findlay Creek and South Keys, the site offers flexibility for investors, builders, and developers seeking a location with long term growth potential. Convenient access to surrounding amenities, transportation corridors, and established communities makes this an attractive acquisition for future redevelopment. Buyer to complete their own investigations regarding zoning, servicing, permitted uses, and development feasibility.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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

$1,199,999
Vacant Land3044 UPPER OTTERSON PLACE, 4608 - Mooneys Bay/Revelstoke, Ottawa

$1,100,000
Vacant Land2131 ROUTE 500 WEST STREET, 605 - The Nation Municipality, The Nation

$1,499,900
Vacant Land348 RIVER ROAD, 2601 - Cedardale, Ottawa

$1,500,000
Vacant Land31 STAYE COURT DRIVE, 550 - Arnprior, Arnprior

$1,250,000
Vacant Land00000 CARACOURT DRIVE, 1604 - Vernon, Ottawa

$1,100,000
Vacant Land12 MCARTHUR AVENUE, 3403 - Vanier, Ottawa

$1,900,000
Vacant Land1050 KLONDIKE ROAD, 9008 - Kanata - Morgan's Grant/South March, Ottawa

$999,900
Vacant Land650 CHURCHILL AVENUE N, 5105 - Laurentianview, Ottawa