5797 PRINCE OF WALES DRIVE, Ottawa

$1,900,000

For sale: Other

Other at 5797 PRINCE OF WALES DRIVE, Ottawa
Property type
Investment
MLS®
MLS® X13121830
Neighbourhood
8006 - Rideau Twp W of Hwy 16 North of Reg Rd 6

Located on High Visibility Prince of Wales Drive Ottawa. This Exceptional Commercial Lot offers Outstanding Exposure with 41,000 Vehicles passing daily which is 15 Million Cars/Year which drive on Highway 416 past this Location. There are Private Services of Private Water Well. This 3.46 Acre vacant lot is ideal for a variety of business uses, Paved lot with highlighting and controlled access beside Car Canada, presently Rented by Kodiak Sheds who are on a month-to-month Tenancy under the Commercial Tenancies Act paying $2,500/month + HST.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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 AvenueelementaryFraser rating 8.5/10
  • Agincourt RoadelementaryFraser rating 8.4/10
  • First AvenueelementaryFraser rating 8.4/10
  • NepeansecondaryFraser rating 8.3/10
  • ElmdaleelementaryFraser rating 8.2/10
  • Jean-Robert GauthierelementaryFraser rating 8.2/10

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

Currently for sale

Homes for sale near 5797 PRINCE OF WALES DRIVE