$949,900
For sale: Detached

A great opportunity in an established Nepean neighbourhood, just minutes from Algonquin College, shopping, transit, schools and everyday amenities. Set on a large (117 X 126) corner lot surrounded by mature trees, 6 Malcolm Place offers plenty of possibilities for buyers looking for land in a well-established residential area.The corner configuration, lot size and mature setting make this an especially interesting property for builders, developers or investors, with potential to explore severance into two separate lots or future redevelopment. Close to Woodroffe Avenue and College Square while still surrounded by mature residential streets, this is a location with both convenience and long-term potential.(Any severance or redevelopment potential is subject to City of Ottawa approval, applicable zoning requirements and the buyer completing their own due diligence.) Please book a showing, don't walk the lot without a Realtor.
Sold data
Detached homes in Ottawa took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 40, across 1,377 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 33 days.
The median sale price was $849,900.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 1,377 recorded sales in the last 90 days. 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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