$799,000
For sale: Vacant Land

636 Walkley Road represents a rare and strategic opportunity for developers and investors seeking a highpotential property in Ottawa's south-central growth corridor. Nestled on a generous 43.14 x 189.5 feet, thisexceptional lot offers breathtaking views of Mooney's Bay and comes with city-approved severance. Thiscombination of current stability and future flexibility makes it an ideal candidate for medium-density infilldevelopment.The Walkley corridor is a recognized target area for intensification under Ottawas OfficialPlan, benefiting from proximity to Bank Street, Heron Road, Riverside Drive, and rapid access to downtown,Carleton University, and Ottawa International Airport. Excellent transit access includes OC Transpo busroutes and the nearby Walkley O-Train Station, connecting residents and future tenants efficiently to majoremployment and educational hubs. This property is particularly well-positioned for investors seeking earlyentry ahead of zoning changes, allowing for long-term appreciation and development upside. Itscombination of central location, lot size, and CM2 zoning makes it suitable for projects ranging from rentalapartments to mixed-use infill developments. Buyer due diligence is strongly advised. Buyers must verifyzoning, permitted uses, lot dimensions, development potential, and all municipal approvals with the City of Ottawa. Please note: Images provided in the listing gallery are conceptual sketch illustrations/drawings to showcase development potential only. There is currently no physical structure on this vacant lot.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.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.
Based on 2,349 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.
Currently for sale

$715,000
Vacant Land7 BECKENHAM LANE, 2101 - Rothwell Heights, Ottawa

$775,000
Vacant Land11 HILLIARD AVENUE, 7201 - City View/Skyline/Fisher Heights/Parkwood Hills, Ottawa

$1,100,000
Vacant Land12 MCARTHUR AVENUE, 3403 - Vanier, Ottawa

$649,000
Vacant Land8 DAVIDSON DRIVE, 2101 - Rothwell Heights, Ottawa

$999,900
Detached390 WINSTON AVENUE, 5102 - Westboro West, Ottawa

$799,900
Detached140 BILLINGS AVENUE, 3603 - Faircrest Heights, Ottawa

$598,000
Detached2173 RUSHTON ROAD, 5201 - McKellar Heights/Glabar Park, Ottawa

$589,000
Detached2587 ROMAN AVENUE, 6203 - Queensway Terrace North, Ottawa