$349,900
For sale: Vacant Land

Rare land opportunity in the heart of Manotick with new zoning in place. Offering approx. 126 ft of frontage on Manotick Main directly across from Mahogany Bay, this vacant lot provides exceptional visibility, exposure and views toward the water. Zoned V1M under Ottawa's new Zoning By law, allowing for a range of residential uses including a custom home with potential for additional dwelling units, coach house and home based business or bed and breakfast, subject to approvals. Municipal water available at the street, private septic required. Irregular lot with depth and character, surrounded by established homes and steps to Minto Mahogany. Minutes to Manotick Village shops, restaurants and amenities. A unique opportunity to build, live and invest in a growing and highly desirable community. Buyer to verify permitted uses and servicing.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.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.
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