$825,000
For sale: Vacant Land

Ideally located in desirable McKellar Park, this corner lot is ready for redevelopment. Currently zoned N2C, within walking distance to Dovercourt Recreation Centre, highly rated Elementary, Middle and Secondary Schools, McKellar Park, a dream property awaits. Minutes to shops, bakeries, and bike paths, the location can't be beat! Home on lot is vacant for last 10+ years and as such is being sold in "AS-IS" condition. 24 hour irrevocable on all offers.
Sold data
Vacant Land homes in Ottawa took a median of 84 days to sell over the last 90 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 130, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 128 days.
The median sale price was $399,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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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