5667 OLD RICHMOND ROAD W, Ottawa

$4,900,000

For sale: Vacant Land

Vacant Land at 5667 OLD RICHMOND ROAD W, Ottawa
Property type
Land
MLS®
MLS® X13880672
Neighbourhood
7807 - Fallowfield

Future development site. Featuring a large side split with approximately 54.91 acres for sale near the corner of Fallowfield Road, located near Emerald Meadows & Bridlewood subdivisions in Ottawa. The subject property includes a large 3 bedroom single home w/2.5 bathrooms and double car garage. Owner willing to rent back the house for one year at $3000 dollars per month plus utilities. Farm is being leased for $8000.00 dollars per year. The subject property includes numerous outbuildings. The Monahan Creek Municipal Drain runs through the subject property making the property more desirable. Sold as land value. 24 hours notice on all showings. See attachment for complete information package.

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 2,342 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $649,000.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$649,000
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 2,342 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 5667 OLD RICHMOND ROAD W