50 LOTTA AVENUE, Ottawa

$519,000

For sale: Vacant Land

Vacant Land at 50 LOTTA AVENUE, Ottawa
Property type
Vacant Land
MLS®
MLS® X13467178
Neighbourhood
7301 - Meadowlands/St. Claire Gardens

Fantastic opportunity to build in a sought-after neighborhood! This 50 x 90 foot severed lot is surrounded by quality infill development, including a beautiful newly built home next door. Currently zoned R1FF with proposed N3D zoning offering exciting future development potential. Conveniently located close to parks, schools, shopping, transit, Algonquin College and Highway 417. A rare chance to secure a premium building lot in an established area experiencing strong redevelopment and growth ** City council recently approved development charges by 54%** Buyer to verify all zoning development possibilities

Sold data

Homes in Ottawa — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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.

Median days to sell
26
Median sale price
$644,900
Sale-to-list ratio
97.9%
Sold above asking
10%

Based on 2,349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 50 LOTTA AVENUE