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

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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 5797 PRINCE OF WALES DRIVE